10618 137a St, Surrey BC - Single Family Residence for Sale - MLS# R3130582

$1,799,000
Est. Mortgage $7,959/mo
3 Beds
2 Baths
1182 sqft
1522 $ /sqft
1954 built
NEW Below Assessment Value
$1,799,000
Est. $7,959/mo with 20% down
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
Go See This Home Now

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Property Details for 10618 137a Street

Below Assessment Value

Exceptional investment and future development opportunity in Surrey City Centre. Large and clean 9,045 sq.ft. lot (75.60' x 120') ideally located near King George Boulevard, SkyTrain, SFU Surrey Campus, shopping, schools, City Hall and major transportation routes. Designated Multi-Family under the Official Community Plan (OCP) and currently within an area planned for up to 2.5 FAR. Several neighbouring properties have already been developed, including a 6-storey condo project directly across the street. Potential land assembly opportunity. Value primarily in the land. Sold "As Is, Where Is." Existing home is tenant occupied by long-terms tenants & provides holding income. Priced below BC Assessment. Great Investment Opportunity, Don't Miss it.

Interior Features

Basement Finished Area (sqft) 0
Basement Features None
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Heating Type Forced Air
# of Kitchens 1
Flooring Laminate
Foundation Concrete Perimeter

Exterior Features

Roof Asphalt
Structures Residential Detached

Building Details

Price $1,799,000
Total Bedrooms 3
Total Bathrooms 2
Full Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 1182
Year Built 1954
Age Of Building 72
Building Type Single Family Residence
Property Type Residential
Stories 1
Ownership Type Freehold NonStrata
Community Features Shopping Nearby
Utility Type Community, Electricity Connected, Natural Gas Connected
Utility Sewer Public Sewer, Sanitary Sewer
Water (WaterSource) Public
Parking Type Garage Single, Front Access, Asphalt, Gravel
Total Parking Spaces 4
Rental Suites None

Lot & Land

Lot Size 9045
Lot Size Depth Feet
Lot Size Frontage 75.6
MLS® # R3130582
Area North Surrey
Neighbourhood Whalley
City Surrey
Postal Code V3T 4J6
Gross Taxes $7,277.62
Zoning RF

Property Timeline

Status Date Price
R3130582 / Active 06-01-2026 $1,799,000
R3044390 / Expired 09-05-2025 $1,999,999
Rooms
Floor Type Dimensions
Main Level Living Room 16' x 16' ft
Main Level Dining Room 11' x 11' ft
Main Level Kitchen 11'1 x 11'1 ft
Main Level Primary Bedroom 13' x 13' ft
Main Level Bedroom 11' x 11' ft
Main Level Bedroom 11' x 11' ft
Main Level Utility 9' x 9' ft
Main Level Storage 14' x 14' ft
Bathrooms
Floor Ensuite Pieces
Main Level No #4
Main Level No #4

Listed by: Dracco Pacific Realty & Dracco Pacific Realty

NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.

Map & Neighbourhood

Public Schools

Elementary
Forsyth Road Elementary School
0.35 km
Secondary
Kwantlen Park Secondary School
1.29 km

Information includes BC Government Open License data; school details change often and are offered solely as general guidance.

Private Schools

Elementary
Our Lady of Good Counsel
0.39 km
Secondary
Honour Secondary School
1.96 km

Closest Transit

Bus Stop
Northbound King George Blvd @ 105A Ave
0.33 km
Skytrain
Skytrain @ Gateway Stn
0.82 km

Crime Rate

Total Crime Rate
Average
Violent Crime Rate
Below Average
Property Crime Rate
Average

Demographics

Post-Secondary Education
Below Average
18.9%
No Certificate/Degree
Above Average
20.9%
Owner Occupied
Above Average
79%
Employment Rate
Above Average
70.4%

Noise/ Power Lines

Road/Hwy Noise
Possible
Railway/Sky train Noise
Unlikely
Airport/Port Noise
Unlikely
Close to major Power Lines
Unlikely

Other

Agricultural Land Reserve (ALR)
Unlikely
Flood Area
Unlikely
Close to Cemeteries
Unlikely
Market Performance

Real Estate Stats for December 2025 in Surrey

FVREB Report city Level
Detached Benchmark

$1,404K

7.77% Year-over-Year

Sales (Mo.)

N/A

Active Inventory

N/A

Market Climate 's Market

Nearby Restaurants, Cafes & Shops

Schools NearBy

School Type Grades Served Catchment Info Rating Distance
Schools Near 10618 137a Street

BC Assessment Value — 10618 137a Street

2026 assessed value, sourced from City of Surrey open data (PID 004-192-958).
Total Assessed Value (2026)
$1,942,000
2026 Value Trend
Land
$1,932,000
Buildings
$10,000
Year Built
N/A
Class
N/A
Zoning
R3
Property Tax
N/A
Year Land Improvements Total Assessed YOY Change
2026 $1,932,000 $10,000 $1,942,000

Mortgage Calculator for 10618 137a Street

/month
Principal & Interest
Property Taxes $606
Maintenance fee 0
A 20% down payment of $359,800 on this $1,799,000 listing yields an estimated mortgage of $6,871/month (30-year fixed, 4%). Total estimated housing cost: $7,477/month, $606 property tax.
or Call 778-918-5990
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.
Listing data last synced:

Investment Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
With $4,817/month in estimated rental income against $7,664/month in mortgage payments, the monthly cashflow is -$2,847/month. A 54% down payment would reach break-even.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Price vs Neighbourhood Average — Whalley, Surrey

Beds Home Types Square Feet Lot Size Year Built
This Home $1,799,000
Surrey Loading...
Whalley Loading...

Based on 3 comparable active Single Family Residences in Whalley, the average asking price is $1,699,333. This listing is priced 5.9% above the neighbourhood average. This property is flagged as a Hot Deal (Below Assessment Value) based on its competitive pricing and market demand.

Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy

Listing Agent & Brokerage

Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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