7811 148 Street, Surrey, V3S 3G1 — photo 1

$2,149,900

7811 148 Street, Surrey, V3S 3G1
Active
6 Bedrooms 5 Bathrooms 4,725 sqft Built 2007 Residential
1 Listing Signal Detected
Tenant OccupiedNote

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

About This Property

AWESOME DEAL. Daycare business is running in the basement for more than 10 years. New owner have to get his own license to run this business. Its not transferable. This Gorgeous 6 Bedroom and 5 Bathroom Owner Built Custom Home is on a quiet corner lot. House has 2 Living rooms, Family Room, Den, Foyer, Exercise Room, Recreational Room, Theatre Room, 4 Bedrooms Upstairs and a 2 Bedroom Basement Suite. House has lots of parking space, Front & Back Covered Deck with an additional Porch on Ground Floor. Built with modern equipment's Air Conditioning/Emergency Heating, HRV system, Engineered Hardwood & Laminate Floors, 9 Zones Radiant Heat Controls, Individual in all Bedrooms, LED lights, Green Tint Windows, Video Security System. Cultured Stone on front and side ($110k value).Tenanted Dec.2027

ViewFireplace

Property Details

MLS #

R3035219

Status

Active

Type

Residential

Sub-type

Single Family Residence

Ownership

Freehold NonStrata

Zoning

RF (R)

Bedrooms

6

Full Baths

4

Half Baths

1

Kitchens

2

Fireplaces

1

Living Area

4,725 sqft

Main Floor

1,520 sqft

Above Main

1,285 sqft

Basement

1,920 sqft fin.

Lot Size

6,574 sqft

Lot Dimensions

88 x 97

Frontage

88

Year Built

2007

Age

18 years

Roof

Asphalt

Construction

Frame Wood, Mixed (Exterior), Vinyl Siding

Structure

Residential Detached

Parking Stalls

4

Garage Spaces

2

Parking Type

Garage Double, Open, Gravel

Original Price

$2,248,888

Taxes

$6,441.34/yr

Listed

2025-08-06

MLS Area

East Newton

City

Surrey

Postal Code

V3S 3G1

Features & Finishes

Heating

Radiant

Flooring

Hardwood

Appliances

Washer/Dryer · Dishwasher · Refrigerator · Stove

Laundry

In Unit

Fireplace

Gas

Patio / Porch

Patio · Deck

Building & Community

View

MOUNT BAKER

Water Source

Public

Sewer

Public Sewer, Sanitary Sewer, Storm Sewer

Utilities

Electricity Connected, Natural Gas Connected, Water Connected

Disclosures

Property Disclosure

Yes

Coordinates: 49.144887, -122.812682 · Map data © Google

8.7

Hot Deal

Deal Score out of 10

Strong value relative to the market with clear seller motivation signals.

Value vs market13% below market $/sqft
Days on market272 days — significantly stale, strong negotiation position
Price historyPrice dropped 4% from original ask — seller showing motivation
Market conditionsBuyer's market — avg 96% of ask
Draft CPS Offer

Offer Advisor

High confidence

Suggested Offer

$2,030,194

5.6% below asking price

Negotiation Range

$1,976,446$2,062,442

$85,996 spread

$1,976,446$2,149,900 ask

Based on 42 recent sales, a starting offer around $2,030,194 (5.6% below ask) is reasonable. Your negotiation range is $1,976,446 – $2,062,442.

What's factored in

Market baseline42 recent Surrey sales closed at median 96.2% of list price
Price already reducedSeller dropped from 4% off original ask — indicates motivation
Extended market time272 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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