Basics
- Date added: Added 4 months ago
- Category: British Columbia
- Bedrooms: 4
- Bathrooms: 2
Description
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Description:
We’ve secured a 4 bed, 2 bath, 1,953 sq ft 1/2 duplex in the heart of Newton, an ideal investment for flippers or buy-and-hold investors. Built in 1976 and in dated condition, this property offers strong upside potential with some cosmetic upgrades like new flooring and fresh paint. The layout and size make it attractive to future buyers or tenants, and with the right improvements, it could sell quickly for profit. Alternatively, it can generate solid rental income while you wait for the market to strengthen. You won’t see another 4-bed property in Surrey at this price point.
We are selling our assignable purchase contract.
Closing is September 15th, 2025
Show all descriptionPROPERTY FEATURES
- 1/2 duplex
- Owner occupied
- 4 bedrooms located on the second floor
- 2 bathrooms
- 2-piece powder room located on the first floor
- 4-piece bathroom located on the second floor
- Built in 1976
- Total interior square footage: 1953 sq ft (as per BC Assessment)
- First floor: 1053 sq ft (as per BC Assessment)
- Second floor: 900 sq ft (as per BC Assessment)
- All appliances will be included
- Flooring: laminate, tile, carpet and linoleum
- Family room is an addition that was built over 20 years ago by a previous owner (as per Seller)
- Gas fireplace located on the first floor
- 100 AMPS breaker panel (as per Seller)
- Electric baseboards heaters (as per Seller)
- Electric HWT, 9-years-old (as per Seller)
- Windows are a combination of original single pane vinyl and newer double pane (as per Seller)
- Shingled roof, 22-years-old (as per Seller)
- Siding: wood
- Backyard: wood deck, gazebo, newer plastic/resin shed and wood fence
- Driveway provides parking for up to 4 cars
- Carport
- On municipal water and sewer
- Lot size is not listed on BC Assessment, we believe the lot size to be approximately 5200 sq ft (Buyer to verify)
- Annual property taxes are approximately $3000.00 – as per THIS online tax calculator
- This property is zoned R2 Quarter Acre Residential Zone – see HERE
- R2 Zone is intended for small-scale multi-unit housing on large lots typically 930 sq. m or larger, which may accommodate 2 to 6 dwelling units – see HERE
