Panorama Ridge · Surrey · BC
12627 58 Avenue
Single Family Residence · For sale
Asking
$1,050,000
MLS® R3175689
- Bedrooms
- 4
- Bathrooms
- 3 + 1½
- Interior
- 2,088 sqft
- Lot
- 7,937 sqft
- Built
- 1970
- Parking
- 1
The home
Best Price! Rare opportunity on a nearly 8,000 sq. ft. lot in a prime Surrey location. This basement-entry home features 3 bedrooms and 2 bathrooms on the main level, plus a 1-bedroom suite below. Currently generating $4,100/month in rental income ($2,500 upper / $1,600 lower, month-to-month), making it an excellent holding property with immediate cash flow. Spacious backyard with a large deck and strong duplex or redevelopment potential (buyer to verify with the City). Conveniently located close to schools, parks, and transit. Ideal for investors or families seeking future growth. Roof -2016, Renovation 2017-18, Basement was renovated 2017, Hot water tank 2021.
Facts & features
Costs
- Gross taxes (2025)
- $2,900
The property
- Title
- Freehold NonStrata
- Storeys
- 2
- Levels
- Two
- Basement
- Full
- Heating
- Natural Gas
Listed by Sutton Group-West Coast Realty
Copyright © 2026 Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board and/or Greater Vancouver REALTORS®. All rights reserved.
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.
The numbers
What this home might cost per month.
Estimated payment
$4,767/mo
- Mortgage amount
- $840,000
- Down payment
- $210,000
Principal & interest only, compounded semi-annually as Canadian fixed mortgages are. Excludes property tax, strata, and insurance. An estimate — not a pre-approval.
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