2714 Parkway Dr, Surrey, BC V4P 1E8

$1,518,888
7
BD
4
BA
2,479
SqFt

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List Price
$1,518,888
Status
ACTIVE
MLS® #
R3144913
Year Built
1971
Subtype
Single Family Residence
Style
Bungalow
Stories
1
Bedrooms
7
Total baths
4
Living Area
2,479
Area
South Surrey White Rock
Community
King George Corridor

Property Description

Introducing 2714 Parkway Drive, a rare South Surrey income property sitting on a generous 9,700sqft lot. This spacious 2,479 sq ft rancher delivers immediate cash flow with $7,200/month in rental income across three self-contained units: a 3 bed/2 bath primary residence plus two private 2-bedroom suites, each with separate entrances and shared laundry. Rear lane access adds further convenience and flexibility. Current City of Surrey bylaws permit up to 6 dwelling units on a property of this size, meaning the bones are already there for a houseplex build-out without a rezoning application. Neighbouring lots on this street have already rezoned to townhouse and multiple residential. This is the kind of land-heavy asset that quietly pays you while you wait. Don't miss it.

Additional Information

Lot Size
9,703
Acres
0.22
Fireplaces
2
Region
South Surrey White Rock
Title To Land
Freehold NonStrata

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NOTE: 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 assumes no responsibility for its accuracy.