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Investment signal

$999,000

6314 SORREL PLACE

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Beds

Baths

Sqft

—

Year

1976

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

Beautifully renovated half duplex on a 6,500 sq ft lot! This well-maintained home features 5 spacious bedrooms and 3 full bathrooms, perfect for families or investors. Enjoy modern updates throughout and a bright, move-in-ready interior. Includes a 1-bedroom suite with separate entry, ideal as a mortgage helper or for extended family. Ample parking with space for 6+ vehicles. Conveniently located within walking distance to restaurants, cafés, shopping (including Save-On-Foods), a doctor's clinic, parks, and a recreation centre. A fantastic opportunity in a highly accessible and desirable location. Book your private showing today! (id:65958)

Subtype: Single Family
Architectural style: 2 Level
Structure: Duplex
Common interest: Condo/Strata
Living area: 1,689 square feet
Lot size: 6,500 square feet
Lot dimensions: 6500
Parking: 7 total
Condo/HOA fee: $0 monthly
Stories: 2
On market: Apr 14, 2026
Status changed: Apr 26, 2026
Annual tax: $4,340.3 (2025)
Photos: 29
MLS#: R3110727
Area: SURREY

Features and systems

Parking

Open

Basement

FinishedFullSeparate entrance

Appliances

WasherRefrigeratorStoveDryerMicrowave

Heating

Forced airNatural gas

Utilities

WaterNatural GasElectricity

Negative cash flow ~$1,086/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

-6.52%

Cap rate

3.56%

GRM

16.6

Break-even rent

$6,143

Financing

Down payment$199,800

Loan amount$799,200

Mortgage$4,049/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$458

Insurance$80

Maintenance$833

CapEx reserve$416

Vacancy loss$250

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 $4,049/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 26, 2026.