26 Jul Open House Cancel. Welcome to Cedar Hills! This full up/down duplex sits on a massive 10,000+ sf. lot with convenient back lane access, offering an outstanding investment and redevelopment opportunity. Currently generating approx. $6,000 pm from multiple rental streams, this property provides strong holding income while you plan for the future. Located in the highly desirable Cedar Hills neighbourhood, this property falls within the R3 zoning designation, allowing for a variety of housing options including duplexes, triplexes, 4plexes, and configurations of up to 6 dwelling units (buyer to verify with the City of Surrey). Whether you're an investor, builder, or developer, this is a rare chance to secure a prime property with excellent cash flow & significant redevelopment potential.
Address
10038 10040 128 Street
List Price
$1,749,000
Property Type
Residential Income
Type of Dwelling
Duplex
Structure Type
Multi Family
Transaction Type
Sale
Area
North Surrey
Sub-Area
Cedar Hills
Bedrooms
6
Bathrooms
4
Half Bathrooms
1
Floor Area
2,652 Sq. Ft.
Main Floor Area
1326
Lot Size
10290 Sq. Ft.
Lot Size Dimensions
70 x
Lot Size (Acres)
0.24 Ac.
Lot Features
Central Location, Recreation Nearby
Lot Size Units
Square Feet
Total Building Area
2652
Frontage Length
70
Year Built
1970
MLS® Number
R3111022
Listing Brokerage
Skystreet Real Estate Marketing
Basement Area
Full
Postal Code
V5N 5K7
Zoning
MULTI
Ownership
Freehold NonStrata
Parking
Other
Parking Places (Total)
10
Tax Amount
$6,131.87
Tax Year
2025
Site Influences
Central Location, Recreation Nearby, Shopping Nearby
Community Features
Shopping Nearby
Appliances
Washer, Dryer, Refrigerator, Stove
Board Or Association
Fraser Valley
Heating
Yes
Heat Type
Forced Air
Levels
Two
Number Of Floors In Property
2
Security Features
No Fire Sprinkler System, No Smoke Detector(s)
Subdivision Name
Surrey Central
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