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Investment signal

$1,399,000

7273 130 STREET

Beds

6

Baths

4

Sqft

Year

1983

Location

See the block, not just the house.

Open the map for street view, commute checks, and nearby schools, groceries, mosques, parks, and transit stops.

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About this home

Welcome to this beautifully updated home located in the desirable West Newton neighborhood of Surrey. The main floor offers 3 spacious bedrooms and 2 full bathrooms, providing comfortable living space for families. This property also features a 3-bedroom, 2-bathroom basement suite with separate laundry, currently rented for $2,500 per month, making it an excellent mortgage helper or investment opportunity. Enjoy the fully fenced backyard, perfect for outdoor gatherings, kids, or pets, along with a convenient storage shed. With R3 zoning, the property also holds potential for future 4-plex development, making it an attractive option for investors, builders, or homeowners looking for long-term value. OPEN HOUSE SUNDAY, APRIL 12TH, 2-4PM! (id:65958)

Subtype
Single Family
Architectural style
Other, 2 Level
Structure
House
Common interest
Freehold
Living area
2,448 square feet
Lot size
7,236 square feet
Lot dimensions
7236
Parking
6 total
On market
Mar 17, 2026
Status changed
Apr 12, 2026
Annual tax
$6,196.28 (2025)
Photos
38
MLS#
R3099820
Area
SURREY

Features and systems

Parking

CarportRV

Basement

FinishedFullUnknown

Appliances

WasherRefrigeratorDishwasherStoveDryer

Heating

Natural gas

Utilities

WaterNatural GasElectricity
Negative cash flow ~$2,686/mo at these assumptions

Cash on cash

-11.52%

Cap rate

3.59%

GRM

16.7

Break-even rent

$9,828

Financing

Down payment$279,800
Loan amount$1,119,200
Mortgage$6,866/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$641
Insurance$80
Maintenance$1,166
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 $6,866/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 12, 2026.

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