OPEN HOUSE 27.8% cheaper than comparables

12420 96 Ave, Surrey, BC

$1,049,000
Est. Mortgage /mo

MLS® R3094206

7 Beds
4 Baths
1985 sqft
528 $ /sqft
1960 Built
$1,049,000
Est. /mo with 20% down
$528/sqft · Tax $5,459/2025
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
Go See This Home Now

Property Details & Specs

27.8% cheaper than comparables

Investor or first-time buyer opportunity! Bright rancher featuring updated appliances and two 2-bedroom suites (2+2) with separate entrances, offering excellent rental income. Highly desirable location with transit at your doorstep and close to schools, making it an easy rental. Front and back lane access with ample parking. Development potential to build a duplex or 3-storey detached home—plans ready for submission to the City of Surrey. Currently generating approximately $5,200 per month in rental income, a cash-flowing property.

Open houses

07 Mar, 2026 (02:00 PM to 04:00 PM)

08 Mar, 2026 (01:00 PM to 03:00 PM)

General Info

Price $1,049,000
Total Bedrooms 7
Total Bathrooms 3
Half Bathrooms 1
Floor Area Total (sqft) 1985
Lot Size 7366
Lot Size Depth Feet
Lot Size Frontage 66
Basement Full, Exterior Entry
Basement Features -

Property Metrics

Year Built 1960
Age Of Building 66
Building Type Single Family Residence
Property Type Residential
Architecture Style Rancher/Bungalow w/Bsmt.
Stories 1
Building Features -
Structures Residential Detached

Additional Details

MLS® # R3094206
Building Name -
Area Surrey
Neighbourhood Queen Mary Park Surrey
City Surrey
Postal Code V3V 1X1
Price per Sqft $528
Gross Taxes $5,459
Ownership Type Freehold NonStrata
Maintenance Fee -

Heating & Cooling

Fireplace -
Heating Type Electric, Forced Air

Utilities

Utility Type Electricity Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer
Water (WaterSource) Public

Parking

Parking Type Additional Parking, Open, RV Access/Parking, Front Access, Lane Access
Total Parking Spaces 5
Listed by: eXp Realty of Canada, Inc. & eXp Realty of Canada, Inc.

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.

Neighborhood & Transit Info

Public Schools

Secondary
L A Matheson Secondary School
0.37 km
Elementary
Senator Reid Elementary School
0.52 km

Information includes BC Government Open License data; school details change often and are offered solely as general guidance.

Private Schools

Elementary
Immaculate Conception School
1.66 km
Elementary, Secondary
Khalsa School (Surrey)
1.99 km

Closest Transit

Bus Stop
Southbound 124 St @ 96 Ave
0.06 km
Skytrain
Skytrain @ King George Stn
2.57 km

Crime Rate

Total Crime Rate
Average
Violent Crime Rate
Below Average
Property Crime Rate
Average

Demographics

Post-Secondary Education
Below Average
16.3%
No Certificate/Degree
Above Average
25.1%
Owner Occupied
Above Average
74.4%
Employment Rate
Above Average
76.7%

Noise/ Power Lines

Road/Hwy Noise
Possible
Railway/Sky train Noise
Unlikely
Airport/Port Noise
Unlikely
Close to major Power Lines
Unlikely

Other

Agricultural Land Reserve (ALR)
Unlikely
Flood Area
Unlikely
Close to Cemeteries
Unlikely

Local Info

Estimated Mortgage Calculator

/month
Principal & Interest
Property Taxes $455
Maintenance fee 0
Financing 80% of the $1,049,000 asking price over 30 years at 4% results in approximately $4,461/month in total estimated carrying costs, $455 property tax.
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.
Listing data last synced:

Estimated Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
At $6,841/month estimated rental income and $4,595/month in total costs, projected cashflow is +$2,246/month.
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Home Price Evaluation Chart

Beds Home Types Square Feet Lot Size Year Built
This Home $1,049,000
Surrey Loading...
Queen Mary Park Surrey Loading...
This listing has no active comparable properties in Surrey at present. The price evaluation chart will update as similar listings become available. This property is flagged as a Hot Deal (27.8% cheaper than comparables) based on its competitive pricing and market demand.
Data is based on list prices of similar active listings. 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 Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy

Property FAQs

What are the closest top-rated schools to 12420 96 Avenue, Surrey, BC?

Is 12420 96 Avenue, Surrey, BC in a flood zone?

What is the estimated monthly mortgage and strata fee for 12420 96 Avenue, Surrey, BC?

Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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