8785 158 Street, Surrey, V4N 1G9 — photo 1

$1,685,000

8785 158 Street, Surrey, V4N 1G9
Active
8 Bedrooms 7 Bathrooms 6,968 sqft Built 1985 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

Opportunity to acquire a 10,124 SF corner lot improved with exceptionally built duplex homes totaling approximately 7,000 SF in the heart of Fleetwood. Constructed with a durable metal frame and roof, this solid property offers strong rental income and excellent long-term value. Designated low rise residential within the Fleetwood Plan and located in Tier 3 of the Transit-Oriented Area (TOA), the site provides significant future redevelopment potential near the upcoming SkyTrain extension. An ideal holding property with immediate income and long-term upside in one of Surrey's fastest-growing communities.

Other

Property Details

MLS #

R3060471

Status

Active

Type

Residential

Sub-type

Single Family Residence

Style

Split Entry

Ownership

Freehold NonStrata

Zoning

R3

Bedrooms

8

Full Baths

5

Half Baths

2

Kitchens

2

Fireplaces

0

Living Area

6,968 sqft

Main Floor

2,300 sqft

Above Main

2,320 sqft

Basement

Yes

Lot Size

10,124 sqft

Lot Dimensions

84 x 120.00

Frontage

84

Year Built

1985

Age

41 years

Roof

Metal

Construction

Frame Metal, Log, Mixed (Exterior)

Structure

Residential Detached

Original Price

$2,100,000

Taxes

$6,309.04/yr

Listed

2025-10-20

MLS Area

Fleetwood Tynehead

City

Surrey

Postal Code

V4N 1G9

Features & Finishes

Heating

Forced Air

Exterior Features

No Outdoor Area

Building & Community

Water Source

Public

Sewer

Public Sewer, Sanitary Sewer, Storm Sewer

Utilities

Electricity Connected, Water Connected

Disclosures

Property Disclosure

No

Coordinates: 49.162458, -122.785552 · Map data © Google

9.6

Hot Deal

Deal Score out of 10

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

Value vs market54% below market $/sqft
Days on market197 days — significantly stale, strong negotiation position
Price historyPrice dropped 20% from original ask — seller showing motivation
Market conditionsBuyer's market — avg 96% of ask
Draft CPS Offer

Offer Advisor

High confidence

Suggested Offer

$1,590,144

5.6% below asking price

Negotiation Range

$1,548,019$1,615,419

$67,400 spread

$1,548,019$1,685,000 ask

Based on 42 recent sales, a starting offer around $1,590,144 (5.6% below ask) is reasonable. Your negotiation range is $1,548,019 – $1,615,419.

What's factored in

Market baseline42 recent Surrey sales closed at median 96.2% of list price
Price already reducedSeller dropped from 20% off original ask — indicates motivation
Extended market time197 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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