Property Description

Best-priced opportunity on a nearly 8,000 sqft lot in a prime Surrey location. This basement-entry home features 3 bedrooms and 2 bathrooms on the main floor, plus a 1-bedroom suite below. The basement is currently rented for $1,600 per month on a month-to-month basis, offering immediate rental income. The spacious backyard includes a large deck and potential for duplex or future redevelopment, subject to City approval and buyer verification. Conveniently located near schools, parks, transit, and everyday amenities. Ideal for investors, builders, or families seeking long-term value. Updates include main-floor renovations completed in 2017–2018, basement walls, flooring, and kitchen renovated in 2017, and a new hot water tank and appliances installed between 2020 and 2021.

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Property Information

Address	12627 58 Avenue Surrey, BC
List Price	$998,000
Dwelling Type	Residential
Gross Taxes	$4,847 (2025)
Total Baths	3
Lot Dimentions	62 x
Total Bedrooms	4
Lot Sz (Acres)	0.18
Lot Sz (Sq Ft)	7937
View	NO
Property Type	Single Family Residence
List Date	2026-05-12
Age	56
Floor Area (Sq Ft)	2103
Frontage	62
MLS® Number	R3123774
Community	Panorama Ridge
Area	Surrey
Ownership	Freehold NonStrata
Listing Provided by:	Sutton Group-West Coast Realty