13703 GROSVENOR ROAD, Surrey BC V3R 5E3
MLS® R3130213Royal First Realty
Overview
Prime Development Location!
2,696 sq.ft. Income Property Exceptional opportunity in a rapidly growing prime area! This spacious 2,696 sq.ft. home offers incredible structural bone and holding income with a stable 15-year tenant. While it needs cosmetic TLC, look past the surface to see the massive potential to update and maximize value. Layout: 3 beds & 2 baths upstairs. 2 beds, 1 bath & kitchen downstairs with a separate entrance—perfect future mortgage helper. Major Upgrades: Peace of mind with a torch-on roof (2010), high-efficiency furnace (2019), laminate flooring (2008), repaired deck/balcony (2011), and new fridge (2021). Ideal for investors seeking a solid holding property for future redevelopment, or buyers looking to sweat-equity this into a gem with massive rental upside.
- List price
- $1,198,000
- Property Transfer Tax (PTT)
- + $21,960
- Legal, inspection, title & other closing
- + $3,550
- All-in to buy
- $1,223,510
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 Alvin Kim · Royal First Realty
Gallery
Look around.
2 photos
The home
The details that matter.
Layout
- Bedrooms
- 5
- Bathrooms
- 3
- Interior area
- 2,696 sqft
- Lot size
- 7,857 sqft
Build
- Year built
- 1972
- Type
- Single Family Residence
- Structure
- Residential Detached
- Style
- Basement Entry
Parking
- Total spaces
- 6
- Garage
- 2
- Features
- Garage DoubleFront Access
Costs
- Annual taxes (2025)
- $6,167
Interior
- Flooring
- Mixed
- Heating
- Natural Gas
The area
Surrey.
Bolivar Heights
Walk the block, time the commute, scout the coffee shop you'll stop at every morning.
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Walk through the home with one of our agents.
We'll coordinate with Royal First Realty 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 $6,820/mo
5% down · 5.25% · 25-yr amortization.
Estimate only. Talk to a mortgage broker before relying on this.