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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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13870 Laurel Drive, Surrey
MLS®: R3166572
1432
Sq.Ft.
3
Baths
4
Beds
3,999
Lot SqFt
1980
Built
Description
YES, THIS HOME NEEDS SOME TLC — its currently tenant-occupied and would benefit from new flooring or carpet cleaning, paint and general cleanup but look past that and you''ll see the opportunity. 3 BEDROOMS upstairs plus a MORTGAGE HELPER. A great option for a FIRST-TIME BUYER or someone looking to move up and build value through updates. WALKING DISTANCE to the Surrey Central Skytrain, shopping, schools and parks. Surrey Central is developing rapidly, with TOWNHOMES and CONDOS already established along the street. The OCP identifies this area for MID-RISE APARTMENT (verify with city), providing significant LONG-TERM HOLDING POTENTIAL.
Taxes (2026): $4,120.56