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Investment signal

$1,699,000

7078 126A STREET

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Beds

Baths

Sqft

—

Year

1992

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

FULLY RENOVATED HOME IN NEWTON! Situated on a 7,128 sq ft lot. Beautiful Renovated 8 bedroom 6.5 bath with 2+1 bed suite for good rental income. Main floor features living room, main kitchen, spice kitchen, family room ,dining area, balcony, 4 bedrooms and 3.5 baths. Downstairs features big full size bedroom with full bath for main house use, laundry, double garage and 2+1 basement suites. This Beautiful home was renovated with newer kitchen, flooring, railing, driveway, windows, skylights bathrooms, paint, lighting, plumbing, appliances and many more updates in 2018. Conveniently located close to transit, shopping, schools and parks. (id:65958)

Subtype: Single Family
Architectural style: 2 Level
Structure: House
Common interest: Freehold
Living area: 4,604 square feet
Lot size: 7,128 square feet
Lot dimensions: 7128
Parking: 6 total
On market: Apr 21, 2026
Status changed: Apr 22, 2026
Annual tax: $0 (2025)
Photos: 40
MLS#: R3113574
Area: SURREY

Features and systems

Parking

GarageOpen

Basement

FinishedFullUnknown

Appliances

WasherRefrigeratorDishwasherStoveDryer

Heating

Radiant heat

Cooling

Air Conditioned

Utilities

WaterNatural GasElectricity

Negative cash flow ~$1,794/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

$10,389

Financing

Down payment$339,800

Loan amount$1,359,200

Mortgage$6,887/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$779

Insurance$80

Maintenance$1,416

CapEx reserve$708

Vacancy loss$425

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 $6,887/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.