$2,599,000

13240 108 AVENUE, Surrey BC V3T 2J4

3 Beds 1.0 Bath 1,160 Sq Ft Built 1957

Detached

Listed by: Royal Pacific Riverside Realty Ltd..

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Description

An exceptional opportunity for investors. Situated on an approx 8,712 sqft lot, the property is currently located within the R3 Urban Residential Zone is designated Mid-Rise 11 (mid 2) in the OCP. It offers an excellent future development potential. Ideally located with quick access to City Centre and just minutes from shopping, Skytrain, Rec centre, and etc. There is also potential for future rezoning to smaller lots in conjunction with neighbouring properties, adding further long-term value. An outstanding holding property with stable, positive rental income.

Location

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Property Details

Property Type	Detached
Sub Type	Single Family Residence
Bedrooms	3
Bathrooms	1.0
Living Area	1,160 sq ft
Lot Size	8,712 sq ft
Year Built	1957
Stories	1.0
Listing ID	R3153407

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13240 108 AVENUE, Surrey BC V3T 2J4
MLS® R3153407 · $2,599,000

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Defaults use the Bank of Canada's monthly average rates actually charged on new mortgage lending, including renewals and refinancing. Below 20% down uses the insured average; otherwise uninsured. Terms use the published 1–under 3, 3–under 5, or 5-years-and-over range, not an exact-term quote. These are volume-weighted chartered-bank averages published with a lag, not today's offers or a rate guarantee. New observations are checked automatically. Your available rate may differ.

Monthly payments use Canadian fixed-rate, semi-annual compounding. The term is the contract length; amortization is the repayment period. Renewal rates may change.

Assumes an owner-occupied Canadian home with one or two units, a traditional down payment and lender approval. Below 20% down, the estimate finances the standard CMHC premium, plus 0.20 percentage points for eligible 30-year amortization. Lender requirements may differ. Not for commercial, land-only or construction financing. Excludes property taxes, strata fees, utilities, home insurance and closing costs.

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This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assume no responsibility for its accuracy.

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