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.

Listed by Keller Williams Ocean Realty.

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Disclaimer: 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.