$1,049,000
14266 MELROSE DRIVE
Beds
2
Baths
1
Sqft
—
Year
1954
Location
See the block, not just the house.
Open the map for street view, commute checks, and nearby schools, groceries, mosques, parks, and transit stops.
About this home
Investment opportunity here! Great rental, perfect to live in, or build your dream home or a Duplex with legal suites, all on a private south facing sunny 10,946 sq ft massive lot! Lots of updates/replacements include siding to Hardi, roof, gutters and down spouts, hot water tank, all doors and more! Kitchen has S/S appliances, & loads of cabinetry. Offering 2 well sized bdrms, 1 updated bth and a loft~ great for storage/flex space. Two driveways, RV parking & shipping container in yard for storage! Close to all amenities and bridge for commuters in a primo location with great neighbours and on a quiet, family oriented street and community. (id:65958)
- Subtype
- Single Family
- Architectural style
- Ranch
- Structure
- House
- Common interest
- Freehold
- Living area
- 1,094 square feet
- Lot size
- 10,946 square feet
- Lot dimensions
- 10946
- Parking
- 2 total
- Fireplace
- 1
- On market
- Apr 13, 2026
- Status changed
- Apr 14, 2026
- Annual tax
- $5,209.07 (2025)
- Photos
- 28
- MLS#
- R3110312
- Area
- SURREY
Features and systems
Parking
Basement
Appliances
Heating
Utilities
Cash on cash
-11.63%
Cap rate
3.56%
GRM
16.7
Break-even rent
$7,390
Financing
Operating expenses (monthly)
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
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.