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Investment signal

$1,325,000

7662 155A STREET

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Beds

Baths

Sqft

Year

Type

Vacant Land

Suite

Investment signal

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

Lot 7 - 7,115 sq.ft. R3 zoned lot with potential to build approx. 6,387 sq.ft. 3-level single family home or approx. 7,641 sq.ft. 3-level duplex with garden suites (approx. 3,820 sq.ft. per side). Part of Fleetwood Corners, a 24-lot subdivision of brand new fully serviced R3 and R4 lots in Surrey's prestigious Fleetwood neighbourhood. Ready to build. Close to walking trails, golf courses, recreation centre, great schools and future SkyTrain. Contact us today for an information package (id:65958)

Subtype
Vacant Land
Common interest
Freehold
Lot size
7,115 square feet
Lot dimensions
7115
On market
Mar 18, 2026
Status changed
Apr 27, 2026
Annual tax
$0 (2025)
Photos
7
MLS#
R3098245
Area
SURREY

Features and systems

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Negative cash flow ~$1,421/mo at these assumptions

Cash on cash

-6.43%

Cap rate

3.58%

GRM

16.7

Break-even rent

$8,120

Financing

Down payment$265,000
Loan amount$1,060,000
Mortgage$5,371/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$607
Insurance$80
Maintenance$1,104
CapEx reserve$552
Vacancy loss$331

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 $5,371/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 27, 2026.

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