For Sale · Surrey · Single Family

$998,000

12627 58 AVENUE, Surrey

Beds

Baths

2,103

Sq Ft

About This Home

The details.

Best Price! Rare opportunity on a nearly 8,000 sq. ft. lot in a prime Surrey location. This basement-entry home offers 3 bedrooms and 2 bathrooms on the main floor, plus a 1-bedroom suite below. Basement currently rented for $1,600/month MTM, providing excellent holding income and immediate cash flow. The spacious backyard features a large deck and strong duplex or redevelopment potential (buyer to verify with City). Conveniently located near schools, parks, transit, and daily amenities. Ideal for investors, builders, or families seeking future growth. Updates include roof (2016), main renovations (2017-18), basement renovation (2017), and hot water tank (2021). (id:66635)

Summarizing the highlights...

MLS® R3123774Listing courtesy of Sutton Group-West Coast RealtyView on map Street view

Property Details

Facts & features.

Property type: Single Family
Ownership: Freehold
Size: 2,103 sqft
Lot size: 7,937 square feet
Parking: 1 space
Listed on: 2026-05-12
Days on market: 64
MLS number: R3123774
Data source: Fraser Valley Real Estate Board

July Value

What this home is worth.

Calculating a July Value estimate...

Realtor Recommended

JULY advisors for this home.

Bart Pukacz
Real Estate Advisor
Residential, Investment Properties, Presale Condos
Profile 604.721.1439
Han Lee
Real Estate Advisor
Residential, Investment Properties, Luxury Properties
Profile
Iñaki Sarmiento
Real Estate Advisor
Residential, Investment Properties
Profile 778.954.6254

My Notes

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Location

Where it sits.

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Run The Numbers

Mortgage and cash flow.

Mortgage calculator.

Home priceDown payment20%Rate (%)Amortization

Monthly mortgage payment

$4,667

$798,400 financed over 25 years at 5%. For guidance only, not a quote or approval.

Cash flow analysis.

Property tax / moMaintenance / moRental income / mo

Monthly cost (mortgage + tax + maintenance)

$4,667

Cash flow

-$4,667

Estimates for education only. Talk to a JULY advisor for real numbers on this home.

Surrey right now

1,150

Active listings

1,202

New this week

$885,000

Median asking price

Live snapshot from the MLS® feed. Sold-price history and trend charts arrive with our VOW data feed.

The Neighbourhood

Living in Surrey.

Household and demographic stats for Surrey, from the Statistics Canada 2021 Census.

568,322
Population (2021): 38.4
Median age: 185,670
Households: 3
Avg household size: 69.5%
Home ownership: $98,000
Median household income

Surrey neighbourhood guide Full census profile Surrey market trends

Source: Statistics Canada 2021 Census, Surrey, City (CY).

Schools

Nearby schools.

K-12 schools closest to this home, with straight-line distances.

Surrey Centre Elementary
public · elementary
550 m
A J McLellan Elementary
public · elementary
620 m
George Greenaway Elementary
public · elementary
1.8 km
William of Orange Christian
independent · elementary
2.1 km
Cloverdale Catholic School
independent · elementary
2.1 km
Traditional Learning Academy Online
independent · k12
2.3 km

Source: Statistics Canada, Open Database of Educational Facilities. Distances are straight-line, not walking routes. Catchment boundaries change; always confirm with the school district.

Similar Homes

Nearby homes like this one.

Rental Market

Renting nearby.

Active rentals close to this home, for rent-versus-buy context and investors sizing up cash flow.

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Listing information is provided courtesy of the Canadian Real Estate Association's Data Distribution Facility (DDF®) and is deemed reliable but is not guaranteed accurate by JULY Realty or CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA.