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Investment signal

$1,799,900

5973 142 STREET

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Beds

Baths

Sqft

—

Year

2022

Type

Single Family

Suite

Suite potential

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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

Welcome to this sprawling 7-bedroom residence in the highly coveted Sullivan area. This home offers a rare and versatile layout featuring AC, 1 bedroom, and a full bathroom on the main floor-perfect for seniors, guests, or a home office. Chef's style main kitchen and spice kitchen is a big bonus. The upper level boasts 4 spacious rooms for a growing family, while the basement serves as a massive mortgage helper. Featuring two separate 1-bedroom suites, generating a consistent $2,900/month in rental income, with a separate common laundry. Enjoy the ultimate convenience with Panorama Village shopping, dining, Woodward Hill Elementary School, and quick access to Hwy 10 and King George Blvd, just minutes away. This is the perfect blend of space, location, and proven revenue. (id:65958)

Subtype: Single Family
Architectural style: 3 Level
Structure: House
Common interest: Freehold
Living area: 3,365 square feet
Lot size: 3,632 square feet
Lot dimensions: 3632
Parking: 4 total
Fireplace: 1
On market: Feb 9, 2026
Status changed: Apr 25, 2026
Annual tax: $7,342.86 (2025)
Photos: 40
MLS#: R3087765
Area: SURREY

Features and systems

Parking

GarageOther

Basement

FinishedFullUnknown

Appliances

WasherRefrigeratorCentral VacuumDishwasherStoveDryerMicrowaveOven - Built-In

Heating

Radiant heat

Cooling

Air Conditioned

Utilities

WaterNatural GasElectricity

Negative cash flow ~$1,901/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)Default 4.5% — adjust to your rate holdAmortization (years)

Cash on cash

-6.34%

Cap rate

3.60%

GRM

16.7

Break-even rent

$11,001

Financing

Down payment$359,980

Loan amount$1,439,920

Mortgage$7,296/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$825

Insurance$80

Maintenance$1,500

CapEx reserve$750

Vacancy loss$450

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 $7,296/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 25, 2026.