10650 138 Street, Surrey, V3T 4K5 — photo 1

$2,900,000

10650 138 Street, Surrey, V3T 4K5
Active
5 Bedrooms 2 Bathrooms 1,812 sqft Built 1948 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

***Land Assembly*** Strategically positioned in a rapidly growing area, this property offers zoning potential up to 2.5 FAR, ideal for a substantial 6-story development. Located within walking distance to Surrey Central and Gateway SkyTrain Stations, SFU Surrey Campus, City Hall, Central City Shopping Centre, T&T Supermarket, and Walmart, this site is perfectly situated in the heart of a vibrant community. With seamless access to major routes like King George Hwy, Highway 1, and Fraser Highway, the location provides unbeatable convenience for future residents. Don’t miss out on this rare chance to be part of Surrey’s ongoing transformation and capitalize on the remarkable growth in this high-demand area!

Fireplace

Property Details

MLS #

R3051225

Status

Active

Type

Residential

Sub-type

Single Family Residence

Style

3 Level Split

Ownership

Freehold NonStrata

Zoning

RF

Bedrooms

5

Full Baths

2

Half Baths

0

Kitchens

1

Fireplaces

2

Living Area

1,812 sqft

Main Floor

500 sqft

Above Main

656 sqft

Basement

656 sqft fin.

Lot Size

7,793 sqft

Lot Dimensions

60 x 130

Frontage

60

Year Built

1948

Age

77 years

Roof

Metal

Construction

Concrete Frame, Mixed (Exterior)

Structure

Residential Detached

Parking Stalls

1

Garage Spaces

1

Parking Type

Garage Single, Front Access

Original Price

$2,900,000

Taxes

$7,429.89/yr

Listed

2025-09-23

MLS Area

Whalley

City

Surrey

Postal Code

V3T 4K5

Features & Finishes

Heating

Forced Air

Appliances

Washer/Dryer · Dishwasher · Refrigerator · Stove

Fireplace

Gas

Building & Community

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

Coordinates: 49.196127, -122.839296 · Map data © Google

5.3

Above Market

Deal Score out of 10

Priced above comparable sales — may have room to negotiate.

Value vs market207% above market — check if justified
Days on market224 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

$2,739,039

5.6% below asking price

Negotiation Range

$2,666,539$2,782,539

$116,000 spread

$2,666,539$2,900,000 ask

Based on 42 recent sales, a starting offer around $2,739,039 (5.6% below ask) is reasonable. Your negotiation range is $2,666,539 – $2,782,539.

What's factored in

Market baseline42 recent Surrey sales closed at median 96.2% of list price
Extended market time224 days listed — well above market avg of 190 days, increased negotiation leverage

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

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