Townhouse
$620,000
10% less per sq ft75 13880 74 AVENUE
Surreylisted today
MLS® R3174105
1 / 22
$649,900
40 9955 140TH STREET
Surrey · MLS® R3105222
3 bed · 2 bath · 1,125 sq ft · 2 parking
Townhouse · Single Family · built 1981 · 192 days on market
Listed by Gurinder Cheema, RE/MAX Performance Realty
Realtor's description
Welcome to this spacious & cozy 2 story 3 Bedroom unit townhouse facing NORTH in popular TIMBERLANE development, that is family oriented well run strata. On main level, a large living room greets you leading to ample dining room area & well kept kitchen w/ stove, countertops and backsplash. A powder room & large shoe/jacket closet & laundry closet rounds out 1st flr. Upstrs has 3 good sized bedrms w greenbelt views, full bathrm & Laminate floors. For outdoor entertainment, step into huge private fenced concrete patio/yard,perfect for kids/pets to play in. The strata has a beautiful outdoor. Very close to grocery marts, express bus, elementary and high schools. Excellent redevelopment potential. This is the home you have been seeking!
Property details
- Type
- Townhouse, Single Family
- Bedrooms
- 3
- Bathrooms
- 2
- Living area
- 1,125 sq ft
- Parking
- 2
- Year built
- 1981
- Property tax
- $3,095 / yr
- Strata fee
- $400 / mo ($0.36 / sq ft)
- Strata rules
- Pets Allowed With Restrictions, Rentals Allowed With Restrictions
- Days on market
- 192
- MLS®
- R3105222
Features
- Pets Allowed With Restrictions
- Rentals Allowed With Restrictions
- Washer
- Refrigerator
- Dishwasher
- Stove
Monthly cost
$3,489/mo
Mortgage $2,832 · Tax $258 · Strata $400
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
- −$1,865/mo
- Cap rate
- 1.8%
- yearly net rent ÷ price
Costs: mortgage $2,832 · tax $258 · strata $400 · 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, Central Okanagan School District 23
- Elementary Mar Jok Elementaryhomes in this catchment
800 m away · 2101 Mcdougall Rd, West Kelowna · 250-870-5104
- Middle Constable Neil Bruce Middlehomes in this catchment
3.0 km away · 2010 Daimler Dr, West Kelowna · 250-870-5177
- Secondary Mount Boucherie Secondaryhomes in this catchment
2.1 km away · 2751 Cameron Rd, West Kelowna · 250-870-5101
From the Central Okanagan School District 23'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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