Introducing 2714 Parkway Drive, a rare South Surrey income property sitting on a generous 9,700sqft lot. This spacious 2,479 sq ft rancher delivers immediate cash flow with $7,200/month in rental income across three self-contained units: a 3 bed/2 bath primary residence plus two private 2-bedroom suites, each with separate entrances and shared laundry. Rear lane access adds further convenience and flexibility. Current City of Surrey bylaws permit up to 6 dwelling units on a property of this size, meaning the bones are already there for a houseplex build-out without a rezoning application. Neighbouring lots on this street have already rezoned to townhouse and multiple residential. This is the kind of land-heavy asset that quietly pays you while you wait. Don't miss it.
Property Type:
Residential
Dwelling Type:
Single Family Residence
Home Style:
Rancher/Bungalow
Ownership:
Freehold NonStrata
Year built:
1971
(Age: 55)
Living Area:
2,479 sq. ft.230 m2
Building Area - Total:
2,479 sq. ft.230 m2
Bedrooms:
7
(Above Grd: 7)
Bathrooms:
4.0
(Full:4/Half:0)
Taxes:
$7,298.09 /
2025
Lot Area:
9,703 sq. ft.901 m2
Lot Frontage:
118'36 m
Lot Details:
118 x
Plan:
NWP21413
Construction Materials:
Frame Wood, Brick (Exterior), Stucco, Wood Siding
No. Floor Levels:
1.0
Floor Area Fin - Above Main:
0 sq. ft.0 m2
Floor Area Fin - Above Main 2:
0 sq. ft.0 m2
Floor Area Fin - Main:
2,479 sq. ft.230 m2
Floor Area Fin - Total:
2,479 sq. ft.230 m2
Fireplaces:
2
Fireplace Details:
Gas
# Of Garage Spaces:
2.0
Patio And Porch Features:
Patio
Parking Features:
Additional Parking, Garage Double, Front Access, Lane Access
Parking:
Additional Parking, Garage Double
Parking Total/Covered:
6 / 2
4
Dishwasher, Refrigerator
Washer/Dryer, Dishwasher, Refrigerator, Stove
Age Restrictions:
No
Tax Utilities Included:
false
Home Owners Association:
No
Land Lease:
No
Utilities:
Electricity Connected, Natural Gas Connected, Water Connected
Electricity:
Yes
Sewer:
Septic Tank
Single-story residence featuring white stucco siding with dark trim accents
Mature tree providing natural shade, expansive gravel driveway, and a detached storage shed
Expansive grass yard area bordered by a wood fence, featuring a mature red-leafed tree and partial gravel surfacing
Expansive rear lawn area providing ample outdoor space, bordered by a new wood privacy fence on one side and an existing wood fence on the other
Spacious open-concept living area featuring light wood-finish flooring and recessed lighting
Spacious interior featuring recessed lighting, light wood-finish flooring, and a sliding glass door providing exterior access
Bright living space featuring wood-finish flooring, recessed lighting, and a modern fireplace with a stone-look surround
Spacious interior with wood-finish flooring, recessed lighting, and light-toned walls
Modern kitchen featuring white and dark gray cabinetry, a central island with countertop seating, and a stainless steel appliance suite
Modern kitchen featuring a two-tone cabinetry design, stainless steel appliances, a center island with seating, pendant lighting, and sliding glass doors
Contemporary kitchen featuring a center island with storage, stainless steel appliances, white upper cabinetry, grey base cabinetry, and light-toned countertops
Contemporary kitchen featuring a large center island with seating, a white stone-finish countertop, two-tone cabinetry, and wood-finish flooring
Kitchen featuring a central island with countertop seating, white marble-finish countertops, two-tone cabinetry, and a large window with blinds
Light wood-finish flooring throughout, featuring a recessed lighting, built-in closet organization system, and a bathroom entry with white vanity and toilet
Modern bathroom featuring a glass-enclosed shower with black-framed fixtures and extensive grey marble-look tiling
Spacious room featuring light gray walls, wood-finish flooring, and a large window with white blinds
Room featuring light gray walls, wood-finish flooring, white baseboards, and a ceiling-mounted flush light fixture
Contemporary bathroom featuring a floating vanity with a white countertop and undermount sink, black fixtures, and a large mirror
Stacked white washer and dryer units
Kitchen area featuring white cabinetry, a white countertop, and light wood-finish flooring
Open-concept kitchen and dining area featuring white cabinetry, a white tile backsplash, wood-finish flooring, and recessed lighting
Spacious room featuring light wood-finish flooring, neutral wall tones, a large window, and recessed ceiling lighting
Light-toned wood-finish flooring provides a neutral base for this room featuring a window with blinds, recessed ceiling lighting, and light gray wall paint
Bathroom featuring a single vanity with an undermount sink, a white countertop, and dark-finish hardware
Dedicated laundry area featuring a stacked washer and dryer set, housed within a defined alcove
Expansive wooden deck featuring a built-in spa, privacy fencing, and mature perimeter trees
Expansive wood deck with a built-in hot tub, privacy fencing, and a side access gate
Expansive wooden deck featuring a built-in spa with cover, offering outdoor living space
Expansive wood deck with a built-in circular hot tub
Expansive wood deck with a built-in spa, directly accessible from the interior via sliding glass doors
Attached single-car garage with a panel door
Gravel parking area accommodating multiple vehicles
Data was last updated July 10, 2026 at 03:40 PM (UTC)
Area Statistics
Listings on market:
260
Avg list price:
$799,000
Min list price:
$199,000
Max list price:
$3,999,999
Avg days on market:
52
Min days on market:
1
Max days on market:
338
Avg price per sq.ft.:
$568.04
These statistics are generated based on the current listing's property type
and located in
King George Corridor. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.