This detached Surrey property is a gem waiting to shine! Boasting 2,852 sq ft of living space on a generous 10,228 sq ft lot, it underwent a major addition in 2009, effectively doubling its interior square footage. Due to a death in the family, some work remains unfinished, giving this property immense potential. Some key features include: a beautifully renovated kitchen, upgraded windows and a partially completed mortgage-helper suite on the second floor. The property backs onto a serene ravine, providing unmatched privacy and tranquility. With the remaining renovations completed, the market value of this home is projected to exceed $1,550,000. Properties of this size and potential in Surrey are a rare find off market. Don’t miss out on this lucrative investment opportunity!

We are selling our assignable purchase contract.

Closing is July 26th, 2024
*Possession is Aug 2nd,2024*
**The Buyer and Seller agree that the Seller may leave their furniture and belongings in the property upon closing.**

• 2-storey detached
• 5 bedrooms located on the second floor
• 4 bathrooms
  • 4-piece located on the second floor
  • 3-piece located on the second floor
  • 2-peice powder room located on the first floor
  • Roughed-in, framed ensuite bathroom located on the second floor
• Built in 1969
  • Addition was built in 2010 with permits and has not been completed (as per Seller)
• Total interior square footage: 2853 sq ft (as per BC Assessment) 
• First floor: 1211 sq ft (as per BC Assessment)
  • Features a bathroom, living room, family room, dining room, kitchen, laundry room and an unfinished mudroom
• Second floor: 1642 sq ft (as per BC Assessment)
  • Features 5 bedrooms and 3 bathrooms
  • 2 of the bedrooms have ensuite bathrooms
  • 1 of the bedrooms has a kitchenette
  • 1 of the bedrooms has a full kitchen and access from the deck, creating an opportunity for a mortgage-helper suite
• All appliances will be included
• Kitchen was renovated in 2010
• Wood-burning fireplace located in the first floor living room, not used by the seller
• Flooring: tile, carpet and hardwood
  • Hardwood floors on the first floor were replaced in 2018
• 200 AMP breaker panel
• Gas furnace was installed in 2010
• HWT was installed in 2010
• Heat pump is located on the flat roof and was installed in 2010
• Windows are double pane vinyl and were installed in 2005 & 2010
• Majority of roof is covered in metal shakes that were replaced in 2009
  • There is a smaller area in the roof that is a flat roof. The flat roof is leaking and requires repair (as per Seller)
• Covered deck is accessed from the kitchen and is unfinished
• Second floor deck is accessible from 3 of the bedrooms
• Backyard is fenced on one side with a chain link fence
• A portion of the lot is a yard and a portion of the lot is ravine land and a creek
• 1-car attached garage
• Property has parking for 4 cars including RV-sized parking
• Hardy board siding
• On municipal water and sewer
• Annual property taxes are $3196.00 per this online calculator: HERE
• Lot size: 10228 sq ft (as per BC Assessment)
• Zoning: RA (as per THIS zoning map)
  • RA zoning – Allows One single family dwelling which may contain 1 secondary suite – HERE