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For new mortgages, if the downpayment or equity is less then 20% of the purchase price, the amortization cannot exceed 25 years and the maximum purchase price must be less than $1,000,000.
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11108 136 Street, Surrey
MLS®: R3113696
2458
Sq.Ft.
3
Baths
6
Beds
9,470
Lot SqFt
1951
Built
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Description
Attention Builders & Developers! Rare opportunity to acquire a large 9,470 sq ft corner lot in a desirable neighbourhood. Zoned R3, offering strong potential for redevelopment, including possible subdivision or duplex potential (buyer to verify with City of Surrey). The existing home offers 3 bedrooms and 2 bathrooms upstairs with an additional 3-bedroom suite below, generating approximately $4,600/month in rental income. The furnace and hot water tank are two years old. The property is tenanted—offering an excellent opportunity for investors, builders, or future redevelopment.
Taxes (2025): $5,497.76
Amenities
Private Yard
In Unit
Features
Washer
Dryer
Dishwasher
Refrigerator
Stove
