No photos available
Investment signal

$1,629,000

11590 140A STREET

Beds

4

Baths

2

Sqft

Year

1968

About this home

The 1,200 sq. ft. detached workshop is a standout feature, complete with 12' ceilings, 200-amp service, three oversized 10' bay doors, and a car lift-ideal for hobbyists, storage, or a variety of potential uses (buyer to verify). The home features a renovated upper level, offering modern comfort and move-in-ready living, while the basement-entry layout provides flexibility for multi-generational living or rental income. zoning (buyer to confirm) may allow for multiple suites, creating strong income potential with options such as a coach house or additional accommodation. Enjoy a 730 sq. ft. deck with hot tub and mountain and river views-perfect for entertaining or relaxing in privacy. Conveniently located near parks, schools, and transit, this is a versatile property (id:65958)

Subtype
Single Family
Architectural style
2 Level
Lot size
16,752 square feet
MLS#
R3107052
Area
SURREY
Negative cash flow ~$3,115/mo at these assumptions

Cash on cash

-11.47%

Cap rate

3.59%

GRM

16.7

Break-even rent

$11,429

Financing

Down payment$325,800
Loan amount$1,303,200
Mortgage$7,995/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$747
Insurance$80
Maintenance$1,358
CapEx reserve$679
Vacancy loss$408

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.

Mortgage estimate

Estimated $7,995/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 16, 2026.

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