Description
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.
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9BEDS
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0.16ACRES
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5BATHS
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01/2 BATHS
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2,984SQFT
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$493$/SQFT
Description
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.
Listing provided courtesy of Keller Williams Ocean Realty. © 2026 by the Greater Vancouver REALTORS®. 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.