12841 98 AVENUE, Surrey BC V2T 5J9
MLS® R3124493Gilco Real Estate Services
Overview
Investors, builders, and first-time home buyers, this is a great opportunity to own an 8,835 sq ft lot in a prime Surrey location with strong development potential for a 4-plex or 6-plex (buyer to verify with the City of Surrey).
The existing home is well kept and offers good rental income, with 3 bedrooms and 2 bathrooms upstairs, plus (3+1)-bedroom suites and an extra room downstairs that can be used as an office or additional rental space. The property is in a convenient area close to schools, shopping, and public transportation, making it attractive for tenants. With potential good rental income, this is a solid option for investors looking for both current income and future redevelopment potential. Call today to book a showing.
- List price
- $1,189,900
- Property Transfer Tax (PTT)
- + $21,798
- Legal, inspection, title & other closing
- + $3,550
- All-in to buy
- $1,215,248
These are estimates. We include Property Transfer Tax (PTT), legal, inspection, title and other closing costs; brand-new homes also add GST. The first-time-buyer figure applies the BC PTT exemption. Your real costs depend on the home, your lender and your lawyer. Run the closing costs and first-time buyer exemption calculators, and confirm with your mortgage broker and lawyer before you budget.
Courtesy of Inder Bains · Gilco Real Estate Services
Gallery
Look around.
30 photos
The home
The details that matter.
Layout
- Bedrooms
- 7
- Bathrooms
- 4
- Interior area
- 2,425 sqft
- Lot size
- 8,835 sqft
- Levels
- Split Entry
Build
- Year built
- 1956
- Type
- Single Family Residence
- Structure
- Residential Detached
- Style
- Split Entry
Parking
- Total spaces
- 8
- Features
- Additional ParkingFront Access
Costs
- Annual taxes (2025)
- $6,394
Interior
- Heating
- Forced Air
The area
Surrey.
Cedar Hills
Walk the block, time the commute, scout the coffee shop you'll stop at every morning.
Get directionsSee more homes in Surrey
Inquire
Walk through the home with one of our agents.
We'll coordinate with Gilco Real Estate Services on showings, paperwork, and what to ask for. Leave your name, email, and phone, we'll get back to you the same day.
Monthly payment
About $6,774/mo
5% down · 5.25% · 25-yr amortization.
Estimate only. Talk to a mortgage broker before relying on this.