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Surrey Rental Income Properties for Sale

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House for sale: 11961 97A AVENUE, Surrey

40 photos

$2,945,000

11961 97a Avenue, Surrey, British Columbia V3V 2G9

5 beds
3 baths
6 days

Developer and Investor Alert! Prime development potential in North Surrey! A rare find in Surrey with ~ 200 foot frontage! Potential subdivision for 4 R3 zoned 5,000 sf homes (previously subdivided). Property within a Frequent Bus Stop Area (FBSA) that may allow for up to 6 dwelling units

Joanne Beeson,Re/max Colonial Pacific RealtyListed by: Joanne Beeson,Re/max Colonial Pacific Realty
House for sale: 14961 69 AVENUE, Surrey

33 photos

$1,935,888

14961 69 Avenue, Surrey, British Columbia V3S 0Y8

9 beds
6 baths
9 days

HAUSLA PROPERTIES presents an amazing 4200 sqft home on a 6250 sqft lot in a very popular family-oriented neighbourhood! The MAIN FLOOR includes separate family, living, and dining areas with a bar, an upgraded modern kitchen, spice kitchen, AND A bedroom with a full bathroom. Upstairs, you'll

Manny Chatha,Sutton Group-alliance R.e.s.Listed by: Manny Chatha,Sutton Group-alliance R.e.s.
House for sale: 16521 58 AVENUE, Surrey

40 photos

$3,299,999

16521 58 Avenue, Surrey, British Columbia V3S 6P8

9 beds
8 baths
1 day

A rare opportunity to own in Cloverdale's most prestigious neighborhood! Built by Marathon Homes, this luxury residency blends elegance with thoughtful design. Featuring soaring ceilings, high-end finishes, a gourmet JennAir kitchen, and a spacious spice kitchen. The main floor offers a stunning

House for sale: 14074 79 AVENUE, Surrey

40 photos

$2,599,000

14074 79 Avenue, Surrey, British Columbia V3W 6A6

9 beds
9 baths
1 day

Stunning 9 bedroom, 9 bathroom custom-built home in the heart of East Newton, Surrey! This spacious and well-designed residence offers over 5,000 sqft of living space, perfect for large or multi-generational families. The main floor features an open-concept layout with a gourmet kitchen, spice

Jag Sidhu,Royal Lepage Global Force RealtyListed by: Jag Sidhu,Royal Lepage Global Force Realty
House for sale: 12850 115B AVENUE, Surrey

20 photos

$1,499,000

12850 115b Avenue, Surrey, British Columbia V3R 2R9

6 beds
5 baths
7 days

Welcome to 12850 115B Ave, a fully renovated home in a highly desirable neighborhood. Set on a spacious 7510 sqft lot, this property offers a large backyard perfect for gardening, entertaining, or potential future development. Enjoy outdoor living on the expansive deck and balcony, ideal for

Mina Hamoni,Re/max Crest RealtyListed by: Mina Hamoni,Re/max Crest Realty
House for sale: 2660 126TH STREET, Surrey

38 photos

$3,498,000

2660 126th Street, Surrey, British Columbia V4A 3R1

4 beds
5 baths
9 days

Discover modern luxury in this quality-built 4-bedroom, 5- bathroom home, perfectly situated in desirable Ocean Park. Designed for both comfort and entertainment, this home features an open-concept layout with a chef's kitchen equipped with high-end appliances, custom cabinetry, and an oversized

House for sale: 9338 156 STREET, Surrey

8 photos

$2,150,000

9338 156 Street, Surrey, British Columbia V3R 4L2

9 beds
8 baths
1 day

This new home offers an ideal location, just a short walk from bus stops and a future SkyTrain station, providing excellent connectivity. The main floor features stylish tiles and custom LED drop lights, adding a modern touch to the space. It also includes a den and a bedroom with an ensuite,

Ammar Bajwa,Team 3000 Realty Ltd.Listed by: Ammar Bajwa,Team 3000 Realty Ltd.
House for sale: 18575 55 AVENUE, Surrey

39 photos

$2,749,000

18575 55 Avenue, Surrey, British Columbia V3S 9E5

7 beds
5 baths
1 day

Welcome to this expansive 5,690 sqft executive residence nestled on a generous 14,405 sqft lot in the highly sought-after Hunter Park community. This beautifully designed home boasts 7 beds, 5 baths, and a 3-car garage, making it ideal for large or multigenerational families. The heart of

Thomas Yingling,Sutton Group Seafair RealtyListed by: Thomas Yingling,Sutton Group Seafair Realty
House for sale: 12759 107A AVENUE, Surrey

32 photos

$2,780,000

12759 107a Avenue, Surrey, British Columbia V3V 3J3

11 beds
9 baths
48 days

Welcome to this stunning brand-new home in the convenient neighbourhood of Whalley! Built with top-notch quality, this spacious property features radiant heating, air conditioning, engineered flooring, a security system, and built-in vacuum. The gourmet kitchen with Jenn-Air appliances is

Roop Josan,Prima MarketingListed by: Roop Josan,Prima Marketing
House for sale: 14762 67B AVENUE, Surrey

29 photos

$1,579,888

14762 67b Avenue, Surrey, British Columbia V3S 4P9

7 beds
6 baths
5 days

HAUSLA Properties presents an amazing owner-loved home featuring 7 spacious bedrooms and 6 pristine bathrooms. This versatile home includes a 2-bedroom suite that can easily convert into a 4-bedroom, 2-bathroom suite, perfect for extended family or rental income. The home boasts an enormous

Manny Chatha,Sutton Group-alliance R.e.s.Listed by: Manny Chatha,Sutton Group-alliance R.e.s.
House for sale: 10501 125B STREET, Surrey

40 photos

$1,780,000

10501 125b Street, Surrey, British Columbia V3V 5A8

8 beds
4 baths
6 days

VIEWS, SPACE & UNBEATABLE LOCATION! Beautifully renovated top to bottom in 2018, this stunning 8 bed 3,800 sq ft modern home sits on a quiet no-through street surrounded by greenery, offering the perfect blend of urban convenience - close to the bridges, highways and the city centre - privacy

Charlie Shi,Unilife Realty Inc.Listed by: Charlie Shi,Unilife Realty Inc.
House for sale: 14497 WELLINGTON DRIVE, Surrey

26 photos

$2,249,900

14497 Wellington Drive, Surrey, British Columbia V3R 5T9

11 beds
8 baths
6 days

* OPEN HOUSE SAT 2 - 4PM * "Should I buy a home to live in or an investment property?" WHY NOT BOTH!? The unique layout of this home offers 3 suites (2+2+1) while still keeping 6 bdrms & 5 baths for yourself ($11,000 in total rental income or $6,000 while keeping 6 bdrms & 5 baths for yourself).

House for sale: 12850 115B AVENUE, Surrey

20 photos

$1,699,000

12850 115b Avenue, Surrey, British Columbia V3R 2R9

6 beds
5 baths
1 day

Welcome to 12850 115B Ave, a fully renovated home in a highly desirable neighborhood. Set on a spacious 7510 sqft lot, this property offers a large backyard perfect for gardening, entertaining, or potential future development. Enjoy outdoor living on the expansive deck and balcony, ideal for

Mina Hamoni,Re/max Crest RealtyListed by: Mina Hamoni,Re/max Crest Realty
House for sale: 382 194 STREET, Surrey

40 photos

$10,500,000

382 194 Street, Surrey, British Columbia V3Z 9R9

4 beds
3 baths
279 days

Welcome to this Amazing Estate property Located in Highly Sought after Ellenbrook Estates. Situated on a terrific 7.07 ACRE Flat, Dry Elevated property NOT IN THE ALR. One of a kind Offering with endless possibilities For multi -family living ,Equestrian and future development potential.

House for sale: 13791 58A AVENUE, Surrey

34 photos

$1,850,000

13791 58a Avenue, Surrey, British Columbia V3X 3P4

7 beds
6 baths
209 days

Welcome to this spacious and versatile 7-bedroom + den, 5.5-bathroom home located in Surrey's highly desirable Panorama Ridge neighborhood. Nestled within the City of Surrey's Comprehensive Development Zone, this property is a fantastic investment for future development potential. The home

Manninder Bains,Royal Lepage West Real Estate ServicesListed by: Manninder Bains,Royal Lepage West Real Estate Services
Row / Townhouse for sale: 2 13899 LAUREL DRIVE, Surrey

11 photos

$928,000

2 13899 Laurel Drive, Surrey, British Columbia V3T 0E3

4 beds
4 baths
1 day

Spacious 4 bedroom, 4 bathroom townhome spanning over 1740 sqft located in Emerald Garden. The generously sized bedroom with a private entrance and en-suite bathroom in the basement offers the potential to generate $1200 per month as a valuable source of rental income.This recently renovated

Listed by: Mani S Sandhu,Royal Lepage Global Force Realty
House for sale: 19159 70 AVENUE, Surrey

40 photos

$1,365,000

19159 70 Avenue, Surrey, British Columbia V4N 0A6

4 beds
4 baths
1 day

This is the one you've been waiting for! Move-in ready 4 bed, 3.5 bath home with a new 1 bed suite feat. separate entry, new cabinets, stove & fridge-perfect for extended family or rental income! The main home feat. updated appliances: dishwasher (2023), furnace (2024), hot water tank (2020),

Listed by: Adrian Cabanos,Re/max 2000 Realty
House for sale: 10643 138A STREET, Surrey

4 photos

$3,000,000

10643 138a Street, Surrey, British Columbia V3T 4L2

4 beds
3 baths
188 days

***Land Assembly*** Situated in a quiet cul-de-sac, this property offers zoning potential up to 2.5 FAR for a 6-story multi-family residential project. Located just a short walk from SFU Surrey, City Hall, Surrey Central and Gateway SkyTrain Stations, shopping, restaurants, schools, and parks,

Scot Stone,Exp Realty Of Canada, Inc.Listed by: Scot Stone,Exp Realty Of Canada, Inc.
House for sale: 14156 79 AVENUE, Surrey

7 photos

$1,360,000

14156 79 Avenue, Surrey, British Columbia V3W 6J6

7 beds
3 baths
138 days

STILL AVILABLE TRY YOUR OFFER Nestled in the heart of East Newton, this property presents an exceptional chance for both investors and future homeowners. Situated on a generous 7,200 sq.ft lot, it is fully rented, generating steady rental income, while offering a promising foundation to build

Yuvraj Brar,Planet Group Realty Inc.Listed by: Yuvraj Brar,Planet Group Realty Inc.
House for sale: 14096 113A AVENUE, Surrey

40 photos

$2,249,000

14096 113a Avenue, Surrey, British Columbia V3V 1W7

7 beds
7 baths
133 days

Indulge in luxury living in this magnificent residence with breathtaking mountain views, ideally situated near the city center. The expansive living and dining areas, paired with a cozy family room on the main floor, offer ample space for both relaxation and entertainment. Upstairs, you'll

House for sale: 15016 69A AVENUE, Surrey

34 photos

$1,999,999

15016 69a Avenue, Surrey, British Columbia V3S 0W8

8 beds
5 baths
1 day

Spacious 8 bed, 5 bath home including a 2-bedroom and a 1-bedroom mortgage helper-great rental income potential. Gurudwara and Church Nearby. Located close to both elementary and secondary schools, this property offers excellent access to education and is ideal for families seeking a convenient,

Listed by: Toofan Sandhu,Srs Panorama Realty
House for sale: 13137 106A AVENUE, Surrey

23 photos

$1,249,000

13137 106a Avenue, Surrey, British Columbia V3T 2E4

4 beds
2 baths
5 days

Court-Ordered Sale - Prime Investment Opportunity - Steal the Deal ! Nestled on a quiet street, this 7,337 SqFt. lot offers incredible potential for first time homeowners, investors, or builders. Conveniently located just minutes from the SkyTrain, public transit, and top-rated schools, this

House for sale: 17223 61B AVENUE, Surrey

32 photos

$1,369,888

17223 61b Avenue, Surrey, British Columbia V3S 5M7

5 beds
2 baths
1 day

Beautifully Updated Cloverdale Home with Endless Possibilities Discover the perfect mix of convenience and investment potential in this meticulously updated home, ideally situated in the heart of Cloverdale. Enjoy unmatched access to schools, public transit, and a variety of local amenities,

Jag Sidhu,Royal Lepage Global Force RealtyListed by: Jag Sidhu,Royal Lepage Global Force Realty
House for sale: 12707 107A AVENUE, Surrey

8 photos

$3,500,000

12707 107a Avenue, Surrey, British Columbia V3V 3J3

6 beds
2 baths
254 days

This expansive 24,921 sq ft lot, featuring 85 feet of frontage, is a prime investment opportunity in North Surrey's South Westminster Heights neighbourhood. Situated within the NCP area, it offers substantial development potential with options to apply for an NCP amendment and increased FSR.

Jas Sra,Exp Realty Of Canada, Inc.Listed by: Jas Sra,Exp Realty Of Canada, Inc.
House for sale: 6258 147B STREET, Surrey

30 photos

$1,599,000

6258 147b Street, Surrey, British Columbia V3S 3T1

5 beds
5 baths
237 days

Brand new detached house with a legal 2-bedroom suite! This stunning property features modern design, high-end finishes, and an open-concept layout perfect for family living. The legal suite offers additional rental income potential or comfortable space for extended family. Located in a desirable

Vishal Gupta,Century 21 Coastal Realty Ltd.Listed by: Vishal Gupta,Century 21 Coastal Realty Ltd.
House for sale: 10627 138A STREET, Surrey

28 photos

$2,800,000

10627 138a Street, Surrey, British Columbia V3T 4L2

6 beds
3 baths
29 days

Discover a prime investment opportunity in Surrey's Whalley neighborhood at 10627 138A Street. This 7,723 sq ft lot features a spacious 2-storey home with basement 4,360 sq ft of living space, built in 1986. 2 bedroom suite in basement. The property includes 6 bedrooms, 4 bathrooms, a private

House for sale: 10661 138A STREET, Surrey

5 photos

$2,600,000

10661 138a Street, Surrey, British Columbia V3T 4L2

4 beds
4 baths
232 days

***Land Assembly*** Situated in a quiet cul-de-sac, this property offers zoning potential up to 2.5 FAR for a 6-story multi-family residential project. Located just a short walk from SFU Surrey, City Hall, Surrey Central and Gateway SkyTrain Stations, shopping, restaurants, schools, and parks,

111 & 211 15272 CROYDON DRIVE, Surrey

35 photos

$2,355,000

111 & 211 15272 Croydon Drive, Surrey, British Columbia V3Z 0Z5

0 beds
0 baths
120 days

For Sale: Office Building in Southpoint Centre, South Surrey, BC Property Overview: close to 152nd Street and minutes away from Highway 1, providing easy access to Richmond, Vancouver, New Westminster, and the USA. Size: providing easy access to Richmond, Vancouver, New Westminster, and the

Mike Jamieson,Exp Realty (kelowna)Listed by: Mike Jamieson,Exp Realty (kelowna)
House for sale: 14188 68 AVENUE, Surrey

34 photos

$1,949,999

14188 68 Avenue, Surrey, British Columbia V3W 2H2

8 beds
7 baths
53 days

Prime location in East Newton, Surrey! This beautifully built 3-storey home offers over 5100+ sq ft of living space, featuring 8 bedrooms and 7 bathrooms. The main floor boasts formal living and dining rooms, a family room, a kitchen with a spice kitchen, a nook, a den, and a laundry room.

House for sale: 2198 129B STREET, Surrey

30 photos

$2,399,900

2198 129b Street, Surrey, British Columbia V4A 7N6

7 beds
7 baths
38 days

*Stunning Ocean Park Terrace Home - 14,000sqft of land. *Spacious 7 bedrooms & 7 bathrooms. *2 bedrooms rental suite on the second floor via separate entrance w/ a great rental income ($5,000+/month). *Central AC & Sprinkler Fire System. *Cul-de-Sac & Large Driveway (6 outdoor + 2 indoor parking).

Jay Jiang,Unilife Realty Inc.Listed by: Jay Jiang,Unilife Realty Inc.
House for sale: 10594 138 STREET, Surrey

1 photos

$2,500,000

10594 138 Street, Surrey, British Columbia V3T 4K5

7 beds
3 baths
117 days

***Land Assembly*** Nestled in a prime location, this property is ideal for a 6-story multi-family residential project under the Surrey City Centre Plan. Conveniently located within walking distance to SFU Surrey, City Hall, Surrey Central and Gateway SkyTrain Stations, shopping, dining, schools,

House for sale: 7884 126A STREET, Surrey

28 photos

$1,399,000

7884 126a Street, Surrey, British Columbia V3W 7M2

4 beds
5 baths
29 days

Welcome to this fantastic R3-zoned property in the heart of West Newton! Situated on a spacious 7576 sq. ft. lot, this 4-bedroom, 5-bathroom family home features a modern kitchen with granite countertops and updated bathrooms. The main floor includes a living room, family room, and an unauthorized

14938 92 AVENUE, Surrey

17 photos

$3,400,000

14938 92 Avenue, Surrey, British Columbia V3R 1C1

0 beds
0 baths
261 days

Certainly! This property represents a significant opportunity, encompassing two parcels with a combined 24,000 sq ft lot. It features a 5000 sq ft house, offering potential rental income. Situated within 800m of the transit-oriented core, it aligns seamlessly with Fleetwood's pro-development

House for sale: 9141 143A STREET, Surrey

38 photos

$1,450,000

9141 143a Street, Surrey, British Columbia V3V 7T7

5 beds
4 baths
92 days

WELCOME HOME TO YOUR CORNER LOT, inviting 5BED, 4BATH gem, situated on a spacious 7,170 sqft in a peaceful & desirable neighborhood of Surrey. This home offers a perfect blend of comfort & opportunity, with tasteful updates including a modern kitchen featuring sleek cabinets, stylish island,

Row / Townhouse for sale: 43 12585 104A AVENUE, Surrey

27 photos

$1,189,000

43 12585 104a Avenue, Surrey, British Columbia V3V 5A7

4 beds
4 baths
156 days

Yale Gardens, Beautiful New development in North Surrey. One of the bigest 3-level , 4 bed, 3.5 bath townhouse appr. 2600sq ft (including Balcony & garage) Modern open concept layout with exquisite high-end finishes. Experience the luxury of stainless steel appliances, gas ranges, quartz

Tajinder Saini,Exp Realty Of Canada, Inc.Listed by: Tajinder Saini,Exp Realty Of Canada, Inc.
House for sale: 17246 59 AVENUE, Surrey

34 photos

$2,349,000

17246 59 Avenue, Surrey, British Columbia V3S 8T7

8 beds
7 baths
1 day

Just listed! This stunning 2023-built home at 17246 59 Ave in Cloverdale, BC offers luxury, space, and practicality. With 8 spacious bedrooms and 7 bathrooms, including a primary bedroom on the main floor with an en-suite, this home is perfect for growing families. The basement features 2

Jag Sidhu,Royal Lepage Global Force RealtyListed by: Jag Sidhu,Royal Lepage Global Force Realty
House for sale: 10618 141 STREET, Surrey

32 photos

$1,569,800

10618 141 Street, Surrey, British Columbia V3T 4R4

8 beds
4 baths
90 days

INVESTMENT OPPORTUNITY OF A LIFETIME! This incredible property boasts a massive 8,000+ sqft lot, perfectly rectangular and nestled on a quiet street. With no easements or right-of-ways, the possibilities are endless! The upstairs area features an expansive living room, dining area, and well-appointed

Kuldeep Heer,Century 21 Coastal Realty Ltd.Listed by: Kuldeep Heer,Century 21 Coastal Realty Ltd.
House for sale: 6713 140 STREET, Surrey

40 photos

$3,199,900

6713 140 Street, Surrey, British Columbia V3W 5J3

7 beds
5 baths
90 days

BC Lands is excited to present a Versatile Property in a Prime Location! This centrally located property offers nearly 30,000 square feet of space, with easy access to major routes, schools, shopping, and more. The updated 3,800+ square foot home presents multiple revenue-generating opportunities.

House for sale: 13734 GROSVENOR ROAD, Surrey

4 photos

$2,600,000

13734 Grosvenor Road, Surrey, British Columbia V3R 5E4

4 beds
3 baths
294 days

Developers Alert! Prime Development Opportunity in City Centre. Discover the incredible potential of this 8523 sq ft corner lot, strategically located within the City Centre Plan. This property is designated for Low Rise Residential Type-2 (4-6 storey apartments), offering a promising investment

Karun Sapra,Century 21 Coastal Realty Ltd.Listed by: Karun Sapra,Century 21 Coastal Realty Ltd.
House for sale: 11412 RIVER ROAD, Surrey

40 photos

$1,475,000

11412 River Road, Surrey, British Columbia V3V 2V6

7 beds
2 baths
1 day

SUBDIVIDABLE 11,170 sqft lot with a stunning fully renovated basement-entry home sitting high above the street, showcasing incredible mountain scenery with partial Fraser River views! Lucrative development opportunity - Subdivide and build 4 half duplexes PLUS 4 garden suites, or create a

Listed by: Khush Khosa,Re/max Performance Realty
House for sale: 14022 92 AVENUE, Surrey

32 photos

$1,499,000

14022 92 Avenue, Surrey, British Columbia V3V 1J5

2 beds
1 baths
64 days

Investor alert, First time on the market! Spectacular 9889 sq.ft lot with lane access and R3 Zoning. Very clean and updated rancher with a detached garage. Great central location, close to the bus stop's and all amenities. Live in as is or build your dream home with multiple suites for

Listed by: Jeff Husty,Re/max 2000 Realty
Duplex for sale: 7104 144 STREET, Surrey

30 photos

$1,249,999

7104 144 Street, Surrey, British Columbia V3W 5S2

5 beds
4 baths
86 days

Perfect 5-Bedroom Home with Income Suite! This beautiful 5-bed, 4-bath home offers spacious living on a prime, centrally located street. The main level features a bright living room, dining room, family room, and a kitchen with maple cabinets, stainless steel appliances, and granite countertops.

Arsh Rangar,Royal Lepage Elite WestListed by: Arsh Rangar,Royal Lepage Elite West
2 9965 152 STREET, Surrey

1 photos

$118,000

2 9965 152 Street, Surrey, British Columbia V3R 4G5

0 beds
0 baths
158 days

*Showing by appointment only. Please do not disturb staff* Step into success with this well-established salon, boasting 8 hairstyling chairs and 3 wash stations. With 32 years of operation, this salon has built a solid reputation for delivering exceptional service, attracting frequent loyal

1-34 10050-10090 137A STREET, Surrey

30 photos

$30,600,000

1-34 10050-10090 137a Street, Surrey, British Columbia V3T 5M6

0 beds
0 baths
154 days

ATTENTION DEVELOPERS & INVESTORS!! 1.3 Acre (Approx. 57,000+ Sq.Ft.) of Land with 34 Town Homes/Apartments in the heart of Surrey!! Potential for Redevelopment into High/Mid Rise! Ideal investment for Rental Income - while you wait for permits! Prime Location - one street over from Surrey

House for sale: 8821 QUEEN MARY BOULEVARD, Surrey

27 photos

$2,449,888

8821 Queen Mary Boulevard, Surrey, British Columbia V3V 6P9

9 beds
10 baths
83 days

Custom built home in Queen Mary Park with finishing done to the highest standard. Boasting a 6827 sq ft lot this 5,900 sq ft home features 9 large bedrooms, 8 bathrooms, with a great rental income 2 bed &1 bed rental suites plus a theatre room. The main floor has bedroom with a En Suite Bathroom,

Lucky Sidhu,Sutton Group-alliance R.e.s.Listed by: Lucky Sidhu,Sutton Group-alliance R.e.s.
Apartment for sale: 303 6468 195A STREET, Surrey

11 photos

$435,000

303 6468 195a Street, Surrey, British Columbia V4N 6R6

1 beds
1 baths
140 days

**NEW Flooring and Fresh Paint!** Plus, enjoy a limited warranty on the flooring. Step into a wonderful investment opportunity with this charming 495 sqft studio. It's like moving into a brand-new home! Whether you're a first-time homebuyer or an investor looking for rental potential, this

Peggy Davies,Sutton Group - 1st West RealtyListed by: Peggy Davies,Sutton Group - 1st West Realty
House for sale: 6430 138 STREET, Surrey

0 photos

$1,949,000

6430 138 Street, Surrey, British Columbia V3W 5G6

7 beds
4 baths
1 day

Builders Alerts!!!!! This stunning parcel of land approx 25000 sq feet is nestled in the heart of East Newton, boasting immense development potential with Land Assembly and Sub Division options. Please verify with the city of Surrey to unlock its full potential. Both legal basements generates

Harji Bassi,Sutton Group-west Coast Realty (surrey/24)Listed by: Harji Bassi,Sutton Group-west Coast Realty (surrey/24)
House for sale: 10935 140 STREET, Surrey

1 photos

$2,300,000

10935 140 Street, Surrey, British Columbia V3R 3G3

6 beds
4 baths
139 days

"Prime Development Opportunity in North Surrey" Perfect for investors and developers. Large 9800 plus square feet lot allows for a variety of residential developments including duplexes, triplexes and multi family unit and potential for low rise apartment (check with City of Surrey for development

Listed by: Ali M. Khan,Ypa Your Property Agent
House for sale: 7963 144 STREET, Surrey

1 photos

$1,399,000

7963 144 Street, Surrey, British Columbia V3W 5T2

4 beds
2 baths
6 days

This one features a LARGE 8349 sq. ft. lot with BACKLANE ACCESS, live now or build your dream home or duplex with coach home. The home features a large living/dining area that opens to a covered BBQ patio overlooking the yard, a kitchen with stainless steel appliances, and three sizable bedrooms

Listed by: Raj Jhajj,Exp Realty Of Canada, Inc.
House for sale: 14665 59A AVENUE, Surrey

38 photos

$1,670,000

14665 59a Avenue, Surrey, British Columbia V3S 1P9

6 beds
6 baths
267 days

Welcome to your dream home in the heart of Sullivan Heights! This stunning 6-bedroom, 5-washroom residence boasts an expansive main floor living space, including a cozy family room, a convenient half washroom, and a full-sized, well-appointed kitchen. Upstairs, discover 4 generously sized

Alamgir Khan,Royal Lepage Global Force RealtyListed by: Alamgir Khan,Royal Lepage Global Force Realty

Exploring Rental Income Opportunities in Surrey

Surrey, a vibrant city in British Columbia, offers a plethora of opportunities for those interested in generating rental income. With its growing population and diverse communities, Surrey has become a hotspot for real estate investors. This article delves into the various aspects of rental income in Surrey, providing insights into the market dynamics, potential returns, and strategic locations.

The Appeal of Surrey's Rental Market

Surrey's rental market is attractive for several reasons. Firstly, its proximity to Vancouver makes it a desirable location for those who work in the city but prefer more affordable living options. Additionally, Surrey's diverse neighborhoods cater to a wide range of tenants, from young professionals to families and retirees. This diversity ensures a steady demand for rental properties, making it an ideal location for investors seeking consistent rental income.

Key Areas for Rental Investment

When considering rental investments in Surrey, it's essential to identify key areas that offer the best potential for returns. Some of the most promising neighborhoods include:

  • Guildford: Known for its shopping centers and recreational facilities, Guildford attracts a mix of families and young professionals.
  • Newton: With its cultural diversity and community amenities, Newton is a popular choice for renters.
  • South Surrey: This area offers a more suburban feel with access to beaches and parks, appealing to families and retirees.

Investors can also explore opportunities in nearby regions such as Bowen Island and Oaklands, which offer unique rental prospects.

Understanding Rental Yields

Rental yield is a crucial factor for investors to consider. It represents the annual rental income as a percentage of the property's purchase price. In Surrey, rental yields can vary significantly depending on the location and type of property. For instance, properties in high-demand areas like Coquitlam may offer lower yields due to higher property prices, while emerging neighborhoods might provide better returns.

Investors should also consider the potential for capital appreciation. Surrey's real estate market has shown consistent growth over the years, making it a promising option for long-term investment.

Types of Rental Properties

Surrey offers a variety of rental property types, each with its own set of advantages:

  • Single-Family Homes: These properties are popular among families and can provide stable rental income. Areas like Ladner offer charming single-family homes that attract long-term tenants.
  • Multi-Family Units: Investing in multi-family properties can yield higher returns due to multiple rental units. Locations such as Alert Bay are worth exploring for such opportunities.
  • Condos and Apartments: These are ideal for young professionals and students. Areas like Victoria and Cheakamus offer modern condos with excellent amenities.

Challenges and Considerations

While Surrey's rental market is promising, investors should be aware of potential challenges. These include fluctuating property prices, changes in rental regulations, and the need for property management. Additionally, understanding the local tenant demographics and preferences is crucial for maximizing rental income.

Investors should also consider the impact of external factors such as economic conditions and interest rates on their investment strategy. Staying informed about market trends and seeking professional advice can help mitigate risks.

Leveraging Technology for Rental Management

In today's digital age, technology plays a significant role in rental property management. From online listing platforms to property management software, these tools can streamline operations and enhance tenant experiences. Investors can utilize platforms like HomeSEH to list properties and connect with potential tenants efficiently.

Moreover, technology can aid in market analysis, helping investors make informed decisions about property acquisitions and rental pricing.

Exploring Nearby Investment Opportunities

While Surrey offers abundant rental opportunities, investors may also consider exploring nearby regions for diversification. Areas such as Nanaimo Lakes and Lantzville provide unique investment prospects with their own set of advantages.

These regions may offer lower entry costs and the potential for higher rental yields, making them attractive options for investors looking to expand their portfolios.