Bedrooms: 9
Bathrooms: 5
Living Area: 2,984 sqft
Price Per Sqft: $492.59
Excellent investment and holding property in a prime Newton location. This well-located property is close to King George Boulevard, Newton Wave Pool, transit, schools, library, fitness centres, banks, and shopping amenities. The home features six rental units with long-term tenants already in place, providing consistent income and approximately $2,400 per month in positive cash flow in today’s market. A great opportunity for investors seeking reliable rental income while holding for future growth. Situated in a transit-oriented area with potential for higher density development in the future and strong long-term upside as the surrounding area continues to grow and evolve. Buyers or Buyers Agent to verify development potential with the City of Surrey.
Listed by Keller Williams Ocean Realty.
| MLS® | R3091773 |
| Type | House |
| Bedrooms | 9 |
| Bathrooms | 5 |
| Square Feet | 2,984 sqft |
| Lot Size | 7,080 sqft |
| Frontage | 58.00 ft |
| Full Baths | 5 |
| Half Baths | 0 |
| Taxes | $8572.38 |
| Parking | Open, Front Access, Asphalt (4) |
| Basement | Finished, Exterior Entry |
| Storeys | 2 storeys |
| Year Built | 1977 |
| Style | Basement Entry |
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