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
Rooms
Floor
Type
Dimensions
Main Level
Living Room
18'2 x 18'2 ft
Main Level
Kitchen
13' x 13' ft
Main Level
Primary Bedroom
13' x 13' ft
Main Level
Bedroom
13' x 13' ft
Main Level
Bedroom
9'6 x 9'6 ft
Main Level
Kitchen
10' x 10' ft
Main Level
Bedroom
10'9 x 10'9 ft
Main Level
Bedroom
10' x 10' ft
Main Level
Laundry
10' x 10' ft
Main Level
Bedroom
10'1 x 10'1 ft
Main Level
Bedroom
9'8 x 9'8 ft
Main Level
Kitchen
8'11 x 8'11 ft
Main Level
Kitchen
10'2 x 10'2 ft
Bathrooms
Floor
Ensuite
Pieces
Main Level
No
#3
Main Level
No
#3
Main Level
No
#3
Main Level
No
#2
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 fee0
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 Payment0%
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
This Home
$1,049,000
Surrey
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Queen Mary Park Surrey
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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?
The closest top-rated schools are L A Matheson Secondary School and Senator Reid Elementary School.
Is 12420 96 Avenue, Surrey, BC in a flood zone?
Flood risk status: No.
What is the estimated monthly mortgage and strata fee for 12420 96 Avenue, Surrey, BC?
With a standard down payment, the estimated monthly mortgage is approximately $6,294.
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