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Investment signal

$1,650,000

5846 167 STREET

Save this home

Beds

5

Baths

4

Sqft

Year

2001

Type

Single Family

Suite

Suite potential

Location 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.

About this home

A rare opportunity to own a beautifully renovated, move-in ready corner-lot home offering the perfect blend of modern living, rental income, and exceptional parking. This upgraded residence features significant interior renovations creating bright, contemporary spaces, plus a self-contained rental suite that provides immediate income to help offset mortgage costs-ideal for families, investors, or multi-generational living. Step outside to a fully refreshed backyard retreat with an upgraded upper deck, finished lower deck, and charming arbour-perfect for entertaining or relaxing. Parking is truly unmatched with a rare 3-car garage plus private rear parking pad, offering flexibility for guests, tenants, RVs, or multiple vehicles. (id:65958)

Subtype
Single Family
Architectural style
2 Level
Structure
House
Common interest
Freehold
Living area
3,514 square feet
Lot size
7,029 square feet
Lot dimensions
7029
Parking
8 total
Fireplace
3
On market
Feb 5, 2026
Status changed
Apr 22, 2026
Annual tax
$6,112.02 (2025)
Photos
40
MLS#
R3086686
Area
SURREY

Features and systems

Parking

Garage

Basement

FinishedFullUnknown

Appliances

WasherRefrigeratorDishwasherStoveDryerMicrowave

Heating

Forced air

View

Valley viewView (panoramic)

Utilities

WaterNatural GasElectricity
Negative cash flow ~$1,749/mo at these assumptions

Cash on cash

-6.36%

Cap rate

3.59%

GRM

16.7

Break-even rent

$10,092

Financing

Down payment$330,000
Loan amount$1,320,000
Mortgage$6,688/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$756
Insurance$80
Maintenance$1,375
CapEx reserve$688
Vacancy loss$413

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 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 $6,688/mo at 4.5% with 20% down, 30-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 22, 2026.

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