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For new mortgages, if the downpayment or equity is less then 20% of the purchase price, the amortization cannot exceed 25 years and the maximum purchase price must be less than $1,000,000.
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12627 58 Avenue, Surrey
MLS®: R3074173
2088
Sq.Ft.
3
Baths
4
Beds
7,937
Lot SqFt
1970
Built
Description
Rare opportunity on a nearly 8,000 sq. ft. lot in a highly desirable Surrey neighbourhood. This home features 3 bedrooms, 2 bathrooms upstairs, plus a 1-bedroom basement suite, fully tenanted at $2,500 and $1,600/month (M2M). Strong duplex and redevelopment potential (buyer to verify with the City), with a large backyard and deck. Conveniently located close to schools and public transit, perfect for families or investors seeking immediate income and long-term growth.
Taxes (2025): $2,900.00
Amenities
Balcony
Features
Washer
Dryer
Dishwasher
Refrigerator
Stove