11397 141a Street, Surrey, V3R 8Z1 — photo 1

$1,199,888

11397 141a Street, Surrey, V3R 8Z1
Active
5 Bedrooms 3 Bathrooms 2,103 sqft Built 1986 Residential
2 Listing Signals Detected
Tenant OccupiedNote

BC tenancy law requires proper notice periods. Confirm tenant status and end-of-tenancy timelines with your agent.

Renovation RequiredNote

Likely needs work. Get contractor quotes before making an offer — renovation costs can exceed expectations.

About This Property

Rare opportunity! This 8,329 sq. ft. 3 side corner lot is zoned duplex with possible multiple garden suite potential, offering incredible future development upside. ? Property Highlights:     •    5 Bedrooms | 3 Bathrooms | 2 Kitchen     •    Currently rented – strong cash flow from Day 1     •    Zoning supports future duplex + garden suite options     •    Large lot in a sought-after location with growth potential Whether you’re an investor looking for stable rental income or a developer seeking redevelopment potential, this property checks all the boxes. ?? Don’t miss this opportunity—reach out today for details!

Unauthorized Suite

Property Details

MLS #

R3040303

Status

Active

Type

Residential

Sub-type

Single Family Residence

Style

Rancher/Bungalow

Ownership

Freehold NonStrata

Zoning

RF

Bedrooms

5

Full Baths

3

Half Baths

0

Kitchens

2

Living Area

2,103 sqft

Main Floor

2,103 sqft

Lot Size

8,329 sqft

Lot Dimensions

166 x 50.60

Frontage

166

Year Built

1986

Age

40 years

Roof

Asphalt

Construction

Frame Wood, Vinyl Siding

Structure

Residential Detached

Parking Stalls

4

Parking Type

Open, RV Access/Parking, Front Access, Asphalt, Garage Door Opener

Original Price

$1,379,888

Taxes

$4,872.19/yr

Listed

2025-08-25

MLS Area

Bolivar Heights

City

Surrey

Postal Code

V3R 8Z1

Features & Finishes

Heating

Forced Air

Cooling / A/C

Central Air

Flooring

Laminate · Mixed · Tile

Appliances

Washer/Dryer · Dishwasher · Refrigerator · Stove

Patio / Porch

Sundeck

Exterior Features

Garden

Building & Community

Transit

2 BLOCK

Schools

2 BLOCK

Fencing

Fenced

Water Source

Public

Sewer

Public Sewer, Sanitary Sewer, Storm Sewer

Utilities

Electricity Connected, Natural Gas Connected, Water Connected

Disclosures

Property Disclosure

Yes

Coordinates: 49.209354, -122.830684 · Map data © Google

7.0

Good Value

Deal Score out of 10

Priced competitively with some negotiation potential.

Value vs market9% above market $/sqft
Days on market252 days — significantly stale, strong negotiation position
Price historyPrice dropped 13% from original ask — seller showing motivation
Market conditionsBuyer's market — avg 96% of ask
Draft CPS Offer

Offer Advisor

High confidence

Suggested Offer

$1,132,664

5.6% below asking price

Negotiation Range

$1,102,666$1,150,662

$47,996 spread

$1,102,666$1,199,888 ask

Based on 42 recent sales, a starting offer around $1,132,664 (5.6% below ask) is reasonable. Your negotiation range is $1,102,666 – $1,150,662.

What's factored in

Market baseline42 recent Surrey sales closed at median 96.2% of list price
Price already reducedSeller dropped from 13% off original ask — indicates motivation
Extended market time252 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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