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Legal suite

$1,388,000

7350 194 STREET

Beds

5

Baths

4

Sqft

Year

2009

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

Perfect family home in highly sought-after Clayton Heights! This beautifully upgraded residence offers the ideal blend of modern comfort and unbeatable convenience. The main floor features an inviting living space with a warm fireplace, flowing into a chef-inspired kitchen complete with stylish upgraded countertops, smart kitchen sink, premium faucets, a chic backsplash, and a powerful range hood. Cozy backyard featuring a brand-new awning an absolute dream for summer BBQs. 2 Beds LEGAL SUITE with pristine new laminate flooring and a trendy, photo-friendly accent wall. EV-ready with a convenient Level 2 charger! Walking distance to Maddaugh Elementary and close to Salish Secondary, Clayton Community Centre, Local Parks and upcoming SkyTrain Station! (id:65958)

Subtype
Single Family
Architectural style
2 Level
Structure
House
Common interest
Freehold
Living area
2,627 square feet
Lot size
3,662 square feet
Lot dimensions
3662
Parking
5 total
Fireplace
2
On market
Mar 4, 2026
Status changed
Apr 16, 2026
Annual tax
$6,388.62 (2025)
Photos
38
MLS#
R3096109
Area
SURREY

Features and systems

Parking

Detached GarageGarage

Basement

FinishedFullUnknown

Appliances

WasherRefrigeratorDishwasherStoveDryer

Heating

Forced airElectricNatural gas

Utilities

WaterNatural GasElectricity
Negative cash flow ~$1,355/mo at these assumptions

Cash on cash

-5.86%

Cap rate

4.72%

GRM

13.9

Break-even rent

$9,751

Financing

Down payment$277,600
Loan amount$1,110,400
Mortgage$6,812/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$636
Insurance$80
Maintenance$1,157
CapEx reserve$578
Vacancy loss$416

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 $6,812/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 16, 2026.

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