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Owning a Surrey Duplex
Owning a Surrey duplex allows you to live in one unit and rent out the other, providing a source of passive income.
You can take advantage of BC tax benefits by deducting expenses such as property taxes and mortgage interest.
Surrey duplexes typically have lower maintenance costs since you are only responsible for the upkeep of two units, rather than an entire apartment complex.
It can be easier to manage a Surrey duplex since it is a smaller property, which means less hassle and fewer headaches.
Owning a Surrey duplex can provide flexibility for future living arrangements, allowing you to downsize or accommodate a growing family.
In some cases, owning a duplex in Surrey can lead to higher property values and appreciation over time.
Duplexes can be a good investment in the Surrey real estate market, as they offer potential for long-term cash flow and equity growth.
Surrey is a city in the province of British Columbia, Canada. It is the second-largest city in the province and is located in the Metro Vancouver region. The city has a population of over 500,000 and is home to a diverse range of communities.
Surrey is known for its natural beauty, with over 6,000 acres of parkland and green space, including the iconic Crescent Beach and the rugged coastline of the Pacific Ocean. The city also has a thriving arts and culture scene, with numerous festivals and events throughout the year, such as the Surrey International Film Festival and the Fusion Festival.
In terms of industry, Surrey has a strong economy, with key sectors including manufacturing, construction, and technology. The city is home to a number of major corporations, including Coast Capital Savings, Safe Software, and Westminster Savings Credit Union.
Speak with a Surrey real estate agent.
Surrey is also a hub for education, with several post-secondary institutions, including Kwantlen Polytechnic University and Simon Fraser University's Surrey campus. The city has a robust transportation network, with major highways and public transit options, including a rapid transit system and a network of buses.
Surrey is a diverse, dynamic city with a thriving economy, rich cultural offerings, and ample opportunities for outdoor recreation and education.