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Investment signal

$1,029,000

17834 60 AVENUE

Beds

Baths

Sqft

—

Year

1954

Location

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About this home

Builder's Alert! This well-maintained 3-bedroom, 2-bathroom rancher sits on an 8,457 sq ft rectangular lot in the highly sought-after Cloverdale neighborhood. Zoned R3, the property offers excellent redevelopment potential, allowing for a duplex with garden suites at the rear. With an impressive 141 ft lot depth, there is ample space to accommodate additional structures while still maintaining generous yard space for the front residence. Ideally located directly across from Greenway Park, featuring tennis courts, an outdoor public pool, and a playground. Book your private showing today. (id:65958)

Subtype: Single Family
Architectural style: Ranch, Other
Structure: House
Common interest: Freehold
Living area: 1,093 square feet
Lot size: 8,457 square feet
Lot dimensions: 8457
Parking: 4 total
On market: Mar 19, 2026
Status changed: Apr 14, 2026
Annual tax: $4,718.27 (2025)
Photos: 27
MLS#: R3101646
Area: SURREY

Features and systems

Parking

Detached Garage

Basement

FinishedCrawl spaceUnknown

Appliances

WasherRefrigeratorDishwasherStoveDryer

Heating

Forced airNatural gas

Utilities

WaterNatural GasElectricity

Negative cash flow ~$1,996/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)2026 default 5.49% — adjust to your rate holdAmortization (years)

Cash on cash

-11.64%

Cap rate

3.56%

GRM

16.7

Break-even rent

$7,251

Financing

Down payment$205,800

Loan amount$823,200

Mortgage$5,050/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$472

Insurance$80

Maintenance$858

CapEx reserve$429

Vacancy loss$258

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Lifestyle nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Surrey. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

Mortgage estimate

Estimated $5,050/mo at 5.49% with 20% down, 25-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 14, 2026.