Basement 690x 190 Street, Surrey

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$1,500

Basement 690x 190 Street

Clayton, Surrey, BC, V4N 5P1

1 | 1 | 800 sq.ft. |

located on a corner lot in quiet Clayton. 1bd basement w/sep entry & laundry. Hom Walking distance to Clayton Heights Secondary School, Care Community, Hazelgrove Elementary School, Willowbrook Shopping Center...... looking for responsible, respectful, clean and quiet couple singles or small family, no smoking/vaping, no drugs, prefer no pets in the suite and minimum one year lease contract. share 1/3 utilities, Tenant Insurance, Credit & Reference check is required ***Owner will provide base Furniture if needed***

Property Info

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MLS®: R3072946

Listing Courtesy of Metro Edge Realty

Total Bedrooms 1

Total Bathrooms 1

Floor Space 800 sq.ft.

Date Listed XXXX-XX-XX

Property Type House

Listed Price $1,500

Strata Fee $0.00

More Details

Floor Space Finished 0.00 sq.ft.

Rules No, No Cats, No Dogs

Summary

Location and General Information

MLS Area Major: Cloverdale
Street Name: 190
City: Surrey
State Or Province: BC
Postal Code: V4N 5P1
Property Type: Residential Lease
Property Sub Type: Single Family Residence

Interior and Exterior Features

Interior Features

Exterior Features

Property

Utilities

Property and Assessments

Building Area Total: 800
Living Area: 800

Lot Information

Sold History

MAP & Nearby Facilities

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City Introduction

Overview of Surrey, BC, Canada

Population

Surrey is an important city in the Greater Vancouver region of British Columbia, with a population of approximately 682,000 (2024 data). Surrey is a multicultural city, with about 45% of residents belonging to visible minorities, including a significant South Asian community (26.1%) and a Chinese community (9%). Additionally, around 56% of residents speak a primary language other than English, reflecting its cultural diversity.

Economy

Key Industries: Healthcare, technology, retail, and logistics. The Surrey government has invested over CAD 16 billion in developing the healthcare and technology sectors, aiming to make Surrey a medical research hub in Canada.
Commercial Centers: Surrey's commercial areas are mainly concentrated in the downtown and surrounding regions, attracting both consumers and investors.
Educational Resources: Surrey is home to several high-quality schools and training institutions, such as Simon Fraser University (SFU) and Kwantlen Polytechnic University (KPU), contributing to a skilled workforce and fostering innovation.

Living Features

Natural Environment: Surrey boasts abundant natural landscapes, including numerous community parks and recreational centers, ideal for outdoor activities.
Transportation: Surrey is well-connected to downtown Vancouver via SkyTrain and bus systems, with a commute time of about 30 minutes.
Multiculturalism: The city's diverse communities and cultural events make it an inclusive and vibrant place to live.

Real Estate Investment

Prices: Surrey's housing prices are relatively moderate compared to Vancouver, with detached homes averaging $1.5 million CAD and condos around $700,000 CAD (2024).

Opportunities:

Stable rental market: Surrey's universities and job opportunities attract a steady stream of renters, ensuring high rental yields.
Long-term growth potential: Proximity to downtown Vancouver and ongoing infrastructure projects support sustained property value growth.

Risks:

Foreign buyer taxes (20%) and vacancy taxes may increase investment costs.
Rapid price increases in some areas require careful timing for investments.

Verdict

Surrey is ideal for those seeking a high quality of life and long-term investment. Popular residential areas include the downtown core and surrounding neighborhoods, while properties near transportation hubs are attractive for investors.

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