10617 138a Street, Surrey, V3T 4L2 — photo 1

$3,000,000

10617 138a Street, Surrey, V3T 4L2
Active
6 Bedrooms 6 Bathrooms 3,144 sqft Built 1989 Residential
1 Listing Signal Detected
Renovation RequiredNote

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 fully renovated 6-bedroom, 5-bathroom home sits on a 7835 sq ft lot with suite. 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 #

R3018190

Status

Active

Type

Residential

Sub-type

Single Family Residence

Ownership

Freehold NonStrata

Zoning

NA

Bedrooms

6

Full Baths

5

Half Baths

1

Kitchens

2

Living Area

3,144 sqft

Main Floor

1,691 sqft

Basement

Yes

Lot Size

7,835 sqft

Lot Dimensions

60 x

Frontage

60

Year Built

1989

Age

36 years

Roof

Asphalt

Construction

Frame Wood, Vinyl Siding, Wood Siding

Structure

Residential Detached

Parking Stalls

6

Garage Spaces

2

Parking Type

Additional Parking, Garage Double

Original Price

$3,000,000

Taxes

$7,470.3/yr

Listed

2025-06-18

MLS Area

Whalley

City

Surrey

Postal Code

V3T 4L2

Features & Finishes

Heating

Baseboard · Natural Gas · Oil

Patio / Porch

Patio

Building & Community

Water Source

Public

Sewer

Public Sewer, Storm Sewer

Utilities

Electricity Connected, Natural Gas Connected, Water Connected

Disclosures

Property Disclosure

Yes

Coordinates: 49.195472, -122.838717 · Map data © Google

5.3

Above Market

Deal Score out of 10

Priced above comparable sales — may have room to negotiate.

Value vs market83% above market — check if justified
Days on market321 days — significantly stale, strong negotiation position
Price historyNo price reduction — seller firm on price
Market conditionsBuyer's market — avg 96% of ask
Draft CPS Offer

Offer Advisor

High confidence

Suggested Offer

$2,818,489

6.1% below asking price

Negotiation Range

$2,743,489$2,863,489

$120,000 spread

$2,743,489$3,000,000 ask

Based on 42 recent sales, a starting offer around $2,818,489 (6.1% below ask) is reasonable. Your negotiation range is $2,743,489 – $2,863,489.

What's factored in

Market baseline42 recent Surrey sales closed at median 96.2% of list price
Extended market time321 days listed — well above market avg of 190 days, increased negotiation leverage
Above-average DOM321d vs market avg of 190d — property may have a pricing or condition issue

Based on 42 residential sales in Surrey (last 60 days) · Updated May 4

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