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Investment signal

$1,399,999

15460 26 AVENUE

Beds

Baths

Sqft

—

Year

1968

Location

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About this home

RARE FIND: BEST DEAL. SUB-DIVIDABLE PROPERTY INTO TWO LOTS WITH BACK LANE ACCESS: SOUTH SURREY. A GREAT OPPORTUNITY for who are looking to build two Houses side by side/ Development under new rules (DUPLEX/ FOURPLEX). This Beautiful rancher measuring 7900+ sq.ft. lot with 66 ft front can be SUB-DIVIDABLE into TWO RF-10 Lots and can accommodate 3 Level Homes. Located in one of the most desired neighbourhood of South Surrey this property has a curb appeal and is facing Sunnyside Park with huge road at front. Houses in the lane are already Sub-divided and boasts beautiful new 3 level dwellings on it. Shopping, Restaurants, Grocery, are just at a walking distance which makes it much desirable and preferred areas. Pictures are from previous listing. (id:65958)

Subtype: Single Family
Architectural style: Ranch
Structure: House
Common interest: Freehold
Living area: 1,900 square feet
Lot size: 7,917 square feet
Lot dimensions: 7917
Parking: 6 total
Fireplace: 2
On market: Apr 15, 2026
Status changed: Apr 17, 2026
Annual tax: $5,451.52 (2025)
Photos: 39
MLS#: R3111713
Area: SURREY

Features and systems

Parking

OpenOther

Basement

NoneUnknownUnknown

Appliances

WasherRefrigeratorDishwasherStoveDryerStorage Shed

Heating

Forced airNatural gas

Utilities

WaterNatural GasElectricity

Negative cash flow ~$2,693/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

-11.54%

Cap rate

3.58%

GRM

16.7

Break-even rent

$9,834

Financing

Down payment$280,000

Loan amount$1,119,999

Mortgage$6,871/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$642

Insurance$80

Maintenance$1,167

CapEx reserve$583

Vacancy loss$350

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 $6,871/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 17, 2026.