10712 140 St, Surrey BC - Land for Sale - MLS# R3115374

$1,188,000
Est. Mortgage $5,256/mo
0 sqft
106.23% cheaper than comparables
$1,188,000
Est. $5,256/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 10712 140 Street

106.23% cheaper than comparables

**ATTENTION BUILDERS/DEVELOPERS/INVESTORS** HUGE 8900 sf flat corner lot in the heart of surrey City Center situated RIGHT BESIDE A CONDO COMPLEX with future Surrey 2050 OCP designation as "Low Rise 1" which permits a 3-6 story residential apartment building! Current R3 zoning allows for a duplex or a house plex (check with city) With the home already being demolished, this READY TO BUILD LOT offers a PRIME LOCATION for building a DUPLEX or HOUSEPLEX saving you time and money! Directly across from an elementary school, steps away from a park and dog park, minutes away from Surrey's emerging downtown which has SFU's Surrey campus (and soon the newly announced SFU Med School), Central City Mall, and Skytrain! Build now in an amazing location or hold for future gold!

Exterior Features

Structures Land Only

Building Details

Price $1,188,000
Property Type Land
Ownership Type Freehold NonStrata
Community Features Near Shopping
Utility Type Sanitary Sewer At Lot Line, Storm Sewer At Lot Line, Electricity At Lot Line, Natural Gas At Lot Line, Phone Nearby, Cable Available
Water (WaterSource) Public

Lot & Land

Lot Size 8901
Lot Size Depth Feet
Lot Size Frontage 60
MLS® # R3115374
Area North Surrey
Neighbourhood Whalley
City Surrey
Postal Code V3T 4N8
Gross Taxes $5,251.02
Zoning R3

Property Timeline

Status Date Price
R3115374 / Active 04-20-2026 $1,188,000

Listed by: Sutton Group-West Coast Realty (Surrey/24)

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

Secondary
Guildford Park Secondary School
1.06 km
Elementary
Mary Jane Shannon Elementary School
Average
0.84 km
4.5/10

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
Above Average
0.51 km
9.7/10
Secondary
Honour Secondary School
1.43 km

Closest Transit

Bus Stop
Eastbound 108 Ave @ 140 St
0.17 km
Skytrain
Skytrain @ Gateway Stn
1.24 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
Possible

Other

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

Nearby Restaurants, Cafes & Shops

Schools NearBy

School Type Grades Served Catchment Info Rating Distance
Schools Near 10712 140 Street

BC Assessment Value — 10712 140 Street

2026 assessed value, sourced from City of Surrey open data (PID 009-748-261).
Total Assessed Value (2026)
$1,334,900
2026 Value Trend
Land
$1,309,000
Buildings
$25,900
Year Built
N/A
Class
N/A
Zoning
R3
Property Tax
N/A
Year Land Improvements Total Assessed YOY Change
2026 $1,309,000 $25,900 $1,334,900

Mortgage Calculator for 10712 140 Street

/month
Principal & Interest
Property Taxes $438
Maintenance fee 0
Financing 80% of the $1,188,000 asking price over 30 years at 4% results in approximately $4,975/month in total estimated carrying costs, $438 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%
This listing generates an estimated $3,670/month in rental income, leaving a -$1,456/month cashflow at current carrying costs. Investors targeting break-even would need roughly 46% down.
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 $1,188,000
Surrey Loading...
Whalley Loading...

Based on 4 comparable active properties in Whalley, the average asking price is $2,612,667. This listing is priced 54.5% below the neighbourhood average. This property is flagged as a Hot Deal (106.23% cheaper than comparables) 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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