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Legal suiteNew build

$5,888,888

12710 54 AVENUE

Beds

Baths

Sqft

—

Year

2026

Location

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About this home

Brand New 10 Bedrooms , 10 Bathrooms home,11839 sq ft Built area on 24393 Sq Ft Lot. South views to Ocean with tons of windows and all principal rooms, bedrooms and lower level rooms offering south view exposure. Rent Pontential $6,000.00 Per Month. Walk-out access to Recreation Room, Theatre room ,Sauna and Legal Suite. Schedule and private setting for this large 24,393 SF lot yet only 1 block to school and park, walking and biking trails and easy commuter access in all directions. (id:65958)

Subtype: Single Family
Architectural style: 2 Level, 3 Level
Structure: House
Common interest: Freehold
Living area: 11,839 square feet
Lot size: 24,393 square feet
Lot dimensions: 24393
Parking: 8 total
Fireplace: 3
On market: Mar 27, 2026
Status changed: Apr 13, 2026
Annual tax: $10,542.26 (2025)
Photos: 4
MLS#: R3102797
Area: SURREY

Features and systems

Parking

GarageRV

Basement

FinishedFullSeparate entrance

Appliances

WasherRefrigeratorDishwasherStoveDryerStorage Shed

Heating

ElectricNatural gas

Cooling

Air Conditioned

Utilities

WaterNatural GasElectricity

Negative cash flow ~$5,484/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

-5.59%

Cap rate

4.77%

GRM

13.9

Break-even rent

$41,097

Financing

Down payment$1,177,778

Loan amount$4,711,110

Mortgage$28,902/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$2,699

Insurance$80

Maintenance$4,907

CapEx reserve$2,454

Vacancy loss$1,766

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 $28,902/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 13, 2026.