$2,500,000
Likely needs work. Get contractor quotes before making an offer — renovation costs can exceed expectations.
About This Property
Exceptional development opportunity in the heart of Surrey City Centre! This 2-bedroom, 1-bathroom home sits on a 7888 sq ft lot. Designated 6-storey land assembly area with up to 2.5 FAR potential. Just minutes from Gateway & Surrey Central SkyTrain Stations, SFU Campus, City Hall, T&T, Walmart, Central City Mall, and more. Easy access to King George Blvd, Fraser Hwy & Hwy 1. An ideal investment for future growth--perfectly positioned in a rapidly transforming urban hub!
Property Details
MLS #
R3024023
Status
Active
Type
Residential
Sub-type
Single Family Residence
Style
Rancher/Bungalow
Ownership
Freehold NonStrata
Zoning
RF
Bedrooms
2
Full Baths
1
Half Baths
0
Kitchens
1
Living Area
848 sqft
Main Floor
848 sqft
Lot Size
7,888 sqft
Lot Dimensions
60.5 x 130
Frontage
60.5
Year Built
1951
Age
74 years
Roof
Asphalt
Construction
Frame Wood, Stucco
Structure
Residential Detached
Parking Stalls
3
Parking Type
Open, RV Access/Parking, Guest, Front Access
Original Price
$2,500,000
Taxes
$5,948.06/yr
Listed
2025-07-07
MLS Area
Whalley
City
Surrey
Postal Code
V3T 4K5
Subdivision
Surrey Central
Features & Finishes
Heating
Electric
Appliances
Washer/Dryer · Dishwasher · Refrigerator · Stove
Exterior Features
Private Yard
Building & Community
Transit
One block
Schools
2 block
Lot Features
Central Location, Recreation Nearby
Fencing
Fenced
Water Source
Public
Sewer
Public Sewer, Sanitary Sewer, Storm Sewer
Utilities
Electricity Connected, Natural Gas Connected, Water Connected
Community
Shopping Nearby
Disclosures
Property Disclosure
Yes
Location
Open in Google MapsCoordinates: 49.195939, -122.839209 · Map data © Google
Above Market
Deal Score out of 10
Priced above comparable sales — may have room to negotiate.
Offer Advisor
High confidenceSuggested Offer
$2,348,741
6.1% below asking price
Negotiation Range
$2,286,241 – $2,386,241
$100,000 spread
Based on 42 recent sales, a starting offer around $2,348,741 (6.1% below ask) is reasonable. Your negotiation range is $2,286,241 – $2,386,241.
What's factored in
Based on 42 residential sales in Surrey (last 60 days) · Updated May 4
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