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$1,499,000

12369 64 AVENUE

Surrey · MLS® R3071403

11 bed · 5 bath · 3,640 sq ft · 7,280 sq ft lot

House · Single Family · built 1992 · 310 days on market

Listed by Baldeep Jhand, Century 21 Coastal Realty Ltd.

Realtor's description

Well-maintained and Prime Investment Opportunity in a desirable West Newton neighborhood, close to all amenities, schools, and major highways. Features 11 bedrooms and 5 full bathrooms. Currently fully rented at $8,200/month with excellent income potential. Additional space offers potential for a bachelor suite for added revenue. 24 hours' notice required for showings.

Property details

Type: House, Single Family
Bedrooms: 11
Bathrooms: 5
Living area: 3,640 sq ft
Lot: 7,280 sq ft
Parking: 0
Year built: 1992
Property tax: $6,429 / yr
Days on market: 310
MLS®: R3071403

Price check

Below typical for the area (-23%)

2026 assessment: $1,352,000 · asking is +11%
Price per sq ft: $412 vs $532 median for houses in Surrey for sale (1849)

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.

Property insights

On market 310 days · no price changes so far

The market here

Listed now: 64 days; median for 1902 houses for sale; this one 310 days

Houses in Surrey. Sale prices register 1 to 3 months after a sale closes.

Property tax by year

Year	Assessed	Est. tax
2026	$1,352,000	$4,634

The listing shows $6,429 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.

Monthly cost

$7,067/mo

Mortgage $6,531 · Tax $536

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment

$6,531/ monthly

loan $1,199,200

25-year amortization

down payment20% · $299,80020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 9, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $760,100
property transfer tax: $27,980; BC general rate
cash to close: $327,780; down + PTT
total paid: $1,959,300

Estimates only. Rates change daily and lenders qualify at the stress-test rate; first-time-buyer and newly-built PTT exemptions aren't applied. Talk to a mortgage broker before you offer.

Location

Lot outline: 665 m² (7,158 sq ft) · PID 016-485-556. From ParcelMap BC; property lines are approximate, a survey is the legal boundary.

SurreyGoogle Maps ↗

Location

SurreyGoogle Maps ↗

Schools

Catchment schools, Surrey School District 36

Elementary Boundary Park Elementaryhomes in this catchment
200 m away · 12332 North Boundary Dr, Surrey · 604-543-8158
Secondary Tamanawis Secondaryhomes in this catchment
700 m away · 12600 66 Ave, Surrey · 604-597-5234

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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