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.
| 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 |
| Roof | Asphalt |
|---|---|
| Structures | Residential Detached |
| 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 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 |
| Status | Date | Price |
|---|---|---|
| R3130582 / Active | 06-01-2026 | $1,799,000 |
| R3044390 / Expired | 09-05-2025 | $1,999,999 |
| 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 |
| 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.
Public Schools
Information includes BC Government Open License data; school details change often and are offered solely as general guidance.
Private Schools
Closest Transit
Crime Rate
Demographics
Noise/ Power Lines
Other
▼ 7.77% Year-over-Year
N/A
N/A
| School | Type | Grades Served | Catchment Info | Rating | Distance |
|---|---|---|---|---|---|
| Schools Near 10618 137a Street | |||||
| Year | Land | Improvements | Total Assessed | YOY Change |
|---|---|---|---|---|
| 2026 | $1,932,000 | $10,000 | $1,942,000 | — |
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.
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