Land
$699,000
12686 114A AVENUE
Surreylisted today
MLS® R3174192
1 / 35
3 bed · 3 bath · 2,364 sq ft · 2 parking
Townhouse · Single Family · built 2003 · 1 day on market
Listed by Casey Duncan, Macdonald Realty
Realtor's description
Incredible opportunity to own a 2300+ square foot END UNIT with double garage and massive side and fenced backyard space - an extremely rare feature for a townhouse. Excellent interior layout with huge basement that includes a large utility/storage area and rec room that offers tremendous space and versatility. Plenty of natural light on the main floor with cozy natural gas fireplace in the living room. Upstairs includes a flex area - great for an office, study, or play room; a laundry room with side by side washer/dryer; three generous sized bedrooms including an impressive primary with vaulted ceiling, ensuite, and walk-in closet. A short walk across the street to MB Sanford Elementary school and park and mere steps to daycare, shopping, transit recreation, and more. A rare find!
Property details
- Type
- Townhouse, Single Family
- Bedrooms
- 3
- Bathrooms
- 3
- Living area
- 2,364 sq ft
- Parking
- 2
- Year built
- 2003
- Property tax
- $4,113 / yr
- Strata fee
- $405 / mo ($0.17 / sq ft)
- Strata rules
- Pets Allowed With Restrictions, Rentals Allowed With Restrictions
- Days on market
- 1
- MLS®
- R3173698
Features
- Pets Allowed With Restrictions
- Rentals Allowed With Restrictions
- Washer
- Refrigerator
- Dishwasher
- Stove
Floor plans
Found among the listing photos.
Monthly cost
$4,233/mo
Mortgage $3,485 · Tax $343 · Strata $405
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
If you rented it out
- Rent
- $1,956/mo
- After all costs
- −$2,608/mo
- Cap rate
- 1.3%
- yearly net rent ÷ price
Costs: mortgage $3,485 · tax $343 · strata $405 · insurance ~$175 · vacancy 3% · upkeep 5%.
Rent starts at CMHC's average for a 3+ bedroom in Surrey (CMHC Rental Market Survey, October 2025). Averages include long-time tenants, so new leases usually ask more; houses usually rent for more than apartments. 25-year mortgage; rental purchases need at least 20% down.
BC rules for landlords
- Short-term rentals are limited to the host's principal residence in most communities. gov.bc.ca
- Rent increases are capped once a year at the province's set amount. gov.bc.ca
- The speculation and vacancy tax applies in many areas to homes not lived in or rented out. gov.bc.ca
- Selling within two years of buying can trigger the BC home flipping tax. gov.bc.ca
Location
SurreyGoogle Maps ↗
Schools
Catchment schools, Surrey School District 36
- Elementary M.B. Sanford Elementaryhomes in this catchment
300 m away · 7318 143 St, Surrey · 604-596-7517
- Secondary Frank Hurt Secondaryhomes in this catchment
1.4 km away · 13940 77 Ave, Surrey · 604-590-1311
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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