Surrey · MLS® R3175614
526
2,130 sq ft · 8,708 sq ft lot · House · Single Family · built 1959 · 10 days on market
listed by Aman Khurana, Oakwyn Realty Ltd.
A SMART HOLD WITH FUTURE POTENTIAL! Discover this versatile 5-bedroom, 2-bath home on an 8,708 sq. ft. lot in sought-after Bolivar Heights. Offering 3 bedrooms and a kitchen upstairs plus 2 more bedrooms and a second kitchen in the basement, the property is ideal for investors, multigenerational living or buyers looking to create additional income. The upper level is already rented to excellent tenants, offering established income from day one, while the basement is vacant and ready for immediate use, personal enjoyment or your own plans. Two functional living areas provide flexibility as you hold, renovate or explore redevelopment. An exciting opportunity: a thoughtfully designed new build could enjoy expansive north-facing views from its upper floors, subject to design and approvals. Close to schools, parks, shopping and transit, with easy access to Guildford Town Centre and Highway 1. A substantial lot, an existing income stream and a compelling long-term investment opportunity!
found among the listing photos.
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.
Costs: mortgage $4,658 · tax $516 · insurance ~$175 · vacancy 3% · upkeep 5%.
Suite rent is today's market rent for a 1-bedroom in Surrey: CMHC's average there ($1,602) raised by what new tenants pay against everyone in the Vancouver area, then down 1.5% with Vancouver's asking rents, 2025 Q4 → 2026 Q2. (CMHC Rental Market Survey, October 2025; CMHC Rental Market Report 2025, table 6.0 (rents on units that turned over to a new tenant); trend: Statistics Canada.) Houses usually rent for more than apartments. 25-year mortgage; rental purchases need at least 20% down.
Catchment schools, Surrey School District 36
1000 m away · 14835 108a Ave, Surrey · 604-588-5978
1.5 km away · 10707 146 St, Surrey · 604-588-7601
From the Surrey School District 36's published catchment maps. A catchment gives priority, not a guaranteed seat, and French immersion and choice programs work differently. The district confirms catchment: check with its school locator.
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| year | assessed | est. tax |
|---|---|---|
| 2026 | $1,235,400 | $4,234 |
The listing shows $6,194 a year in property tax.
Estimate: the BC Assessment value times Surrey's residential tax rate for that year (Province of BC, local government statistics). Leaves out the home owner grant, parcel taxes and utility charges; the city's tax notice is the real figure.
An estimate from public BC Assessment records, registered sales and the listings for sale right now, not an appraisal. Condition, renovations, views and lot all move real value.
On market 10 days · no price changes so far
On the market 10 days. No price changes recorded since Oct 16, 2026.
Price changes tracked nightly by mihom since October 2026. Sales are registered sales from BC Assessment.
Houses in Surrey. Sale prices register 1 to 3 months after a sale closes.
lot outline: 704 m² (7,578 sq ft) · PID 007-507-003. from ParcelMap BC; property lines are approximate, a survey is the legal boundary.
Walkability 45/100 · Somewhat walkable: some errands on foot
Within a 10 minute walk: 4 parks and playgrounds, 6 transit stops.
mihom score from OpenStreetMap places, by straight line distance.