Looking for solid investment or your first home? This versatile property is perfect for first time home buyers or savvy investors! Live in one unit and rent the others or use the whole house for yourself. Having Duplex Type Set-Up . Half side of house from upstairs(3 bed and 2 bath) rented .Two (3+2) Suites with separate entrances. Owners have 2 Bed and 2 Bath , office space, living area, laundry, kitchen for themselves . 4 car driveway parking available + 1 covered carport. Close to bus, schools, shopping, recreation centre, Newton wave pool, library, restaurants, banks, park and all Major routes. ******24 hr notice required for showing due to portion of property occupied by tenants****
Property details
10
Beds
6 full
Baths
3,680 ft²
Floor area
7,542 ft²
Lot size
1944
Year built
3
Storeys
4
Parking
$8,447/yr
Gross tax
Location & structure
Single Family Residence
Type
Finished
Basement
Yes
Carport
Surrey
Area
East Newton
Sub-area
Basement
Finished
Structure
Residential Detached
Property highlights
Pool
Features & inclusions
Appliances
Washer/Dryer, Refrigerator, Stove
Heating
Forced Air, Natural Gas
Parking
Carport Single, Open, Front Access
Additional details
Levels
Three Or More
Main floor (ground)
1,638 ft²
Tax year
2025
Listed by Royal LePage Global Force Realty. Data from BCRES. Last updated Jul 9, 2026, 10:00 AM.
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 Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy.
Jessica specialises in residential financing across Greater Vancouver, helping buyers secure competitive rates and navigate complex purchases with clarity.
Jessica Kuan
Licensed Mortgage Broker
This is an estimate only and does not constitute financial advice or a mortgage offer. Based on $259,800 down (20%) on $1,299,000, Canadian semi-annual compounding. Property tax sourced from listing. No strata fee on record for this listing. Home insurance, land transfer tax, and closing costs are not included. Consult a licensed mortgage professional for personalised advice. Mortgage professionals featured here are independent licensed brokers. Ray Rasouli may receive a referral fee if you choose to work with one. You are under no obligation to use any recommended provider. Full disclosure.
Inventory mix
What this area trades in
Within 3 km of this listing · 1,032 listings
Detached
467
45.3%
Townhouse
382
37.0%
Condo / Apartment
119
11.5%
Land
32
3.1%
Mobile home
13
1.3%
Other
19
1.8%
Source: active, display-eligible listings within 3 km of this listing. The radius widens automatically when nearby inventory is sparse.
Supply outlook
Where supply, demand, and prices are heading by 2035
CMHC scenario data, applied to this listing's metro area
House prices, 2024 to 2035
CMHC scenario comparison
18.4 percentage points
Building enough supply could keep prices 18.4 percentage points lower by 2035.
Source: CMHC supply-shortages report (2026)
Housing starts needed each year
Current pace vs CMHC supply target
7,245 units short
Vancouver is starting about 7,245 fewer units per year than CMHC says is needed to keep prices stable.
Source: CMHC supply-shortages report (2026)
Housing stock, 2024 to 2035
Projected dwellings under current trajectory
24.0 percentage points
Stock grows about 24.0% over the period under the business-as-usual scenario.
Source: CMHC supply-shortages report (2026)
Apartment construction pace
Apartment starts in 2025 vs the 10-year average
8.6% above
Condo and rental apartment construction is running 8.6% above the 10-year pace, easing future apartment scarcity.
Source: CMHC supply spring 2026
Family-home construction pace
Houses and townhomes started in 2025 vs the 10-year average
20.9% below
Ground-oriented (houses + townhomes) construction is running 20.9% below the 10-year pace, squeezing family-sized supply.
Source: CMHC supply spring 2026
Housing stock here
What this neighbourhood is built of
Census 2021 dwelling structural-type mix · Surrey · 350 dwellings
Apartment in duplex135 · 38.6%
Row house110 · 31.4%
Single-detached100 · 28.6%
Semi-detached5 · 1.4%
Source: Statistics Canada · 2021 Census of Population
Neighbourhood demographics
Who lives in this small neighbourhood
The following information covers the Dissemination Area that contains this property. A dissemination area is the smallest standard geographic area Statistics Canada publishes data for, typically 400 to 700 residents.
Statistics Canada Area #59152053· Surrey· Transit 71/100 (440m to frequent)· 0.36 km²
Median rent here
$1,460
Owner shelter cost
$2,320
Renters
25.4%
30%+ on shelter
29.9%
Population (2021)
1,297
Median age
35.6
Avg household size
3.7
Avg household income
$112,800
Renters
25.4%
Owners
73.1%
Immigrants
50.8%
Post-secondary
44.3%
Avg home value
$1,010,000
Single status
30.8%
Not in labour force
30.9%
Households with kids
43.7%
Median rent
$1,460
Owner shelter cost
$2,320
30%+ on shelter
29.9%
Breakdown
Under $5,000
5
1.4%
$15,000 to $19,999
5
1.4%
$25,000 to $29,999
10
2.8%
$35,000 to $39,999
5
1.4%
$40,000 to $44,999
10
2.8%
$45,000 to $49,999
10
2.8%
$50,000 to $59,999
25
6.9%
$60,000 to $69,999
20
5.6%
$70,000 to $79,999
20
5.6%
$80,000 to $89,999
20
5.6%
$90,000 to $99,999
20
5.6%
$100,000 to $124,999
50
13.9%
$125,000 to $149,999
50
13.9%
$150,000 to $199,999
65
18.1%
$200,000 and over
45
12.5%
Source: Statistics Canada, 2021 Census of Population (Census Profile, dissemination area 59152053).
Market story
Rent in Surrey
Census 2021 avg $1,460/mo here · Vancouver 4BR rent (est) trend below
Estimate, not a prediction. Forward values use CMHC scenario growth rates applied to the latest actual. Actual outcomes will differ. Do not use as financial advice.
Vancouver CMA rental snapshot · 2025
Purpose-built vacancy
3.7%
Avg 2BR rent
$2,363
+2.2% YoY
Condo vacancy
1.5%
Avg 2BR condo rent
$2,900
Source: CMHC Rental Market Report (2025)
CMHCVancouver outlook
From the CMHC Spring 2026 Housing Supply Report · Mar 2026