Best Price! Rare opportunity on a nearly 8,000 sq. ft. lot in a prime Surrey location. This basement-entry home offers 3 bedrooms and 2 bathrooms on the main floor, plus a 1-bedroom suite below. Basement currently rented for $1,600/month MTM, providing excellent holding income and immediate cash flow. The spacious backyard features a large deck and strong duplex or redevelopment potential (buyer to verify with City). Conveniently located near schools, parks, transit, and daily amenities. Ideal for investors, builders, or families seeking future growth. Updates include roof (2016), main renovations (2017–18), basement renovation (2017), and hot water tank (2021).
Address
12627 58 Avenue
List Price
$998,000
Property Type
Residential
Type of Dwelling
Single Family Residence
Structure Type
Residential Detached
Transaction Type
Sale
Area
Surrey
Sub-Area
Panorama Ridge
Bedrooms
4
Bathrooms
3
Half Bathrooms
1
Floor Area
2,088 Sq. Ft.
Main Floor Area
1225
Lot Size
7937 Sq. Ft.
Lot Size Dimensions
62 x
Lot Size (Acres)
0.18 Ac.
Lot Features
Central Location, Recreation Nearby
Lot Size Units
Square Feet
Total Building Area
2088
Frontage Length
62
Year Built
1970
MLS® Number
R3123774
Listing Brokerage
Sutton Group-West Coast Realty
Basement Area
Full
Postal Code
V3X 2P5
Zoning
RA
Ownership
Freehold NonStrata
Parking
Additional Parking, RV Access/Parking, Front Access
Parking Places (Total)
1
Tax Amount
$2,900.00
Tax Year
2025
Site Influences
Balcony, Central Location, Garden, Recreation Nearby, Shopping Nearby
Community Features
Shopping Nearby
Exterior Features
Garden, Balcony
Appliances
Washer/Dryer, Dishwasher, Refrigerator, Stove
Interior Features
Storage
Board Or Association
Fraser Valley
Heating
Yes
Heat Type
Natural Gas
Garage
Yes
Carport
Yes
Laundry Features
In Unit
Levels
Two
Number Of Floors In Property
2
