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Attention Builders & Developers! Rare opportunity to acquire a large 9,470 sq ft corner lot in a desirable neighbourhood. Zoned R3, offering strong potential for redevelopment, including possible subdivision or duplex potential (buyer to verify with City of Surrey). The existing home offers 3 bedrooms and 2 bathrooms upstairs with an additional 3-bedroom suite below, generating approximately $4,600/month in rental income. The furnace and hot water tank are two years old. The property is tenanted—offering an excellent opportunity for investors, builders, or future redevelopment.
| Basement Finished Area (sqft) | 1178 |
|---|---|
| Basement Features | Full |
| Appliances Included | Washer/Dryer, Dishwasher, Refrigerator, Stove |
| Fireplace | 0 |
| Heating Type | Forced Air |
| Laundry | In Unit |
| # of Kitchens | 2 |
| Flooring | Mixed |
| Foundation | Concrete Perimeter |
| Exterior Features | Private Yard |
|---|---|
| Roof | Asphalt |
| Structures | Residential Detached |
| Price | $1,285,000 |
|---|---|
| Total Bedrooms | 6 |
| Total Bathrooms | 3 |
| Full Bathrooms | 3 |
| Half Bathrooms | 0 |
| Floor Area Total (sqft) | 2458 |
| Year Built | 1951 |
| Age Of Building | 75 |
| Building Type | Single Family Residence |
| Property Type | Residential |
| Stories | 1 |
| Ownership Type | Freehold NonStrata |
| Utility Type | Electricity Connected, Natural Gas Connected, Water Connected |
| Utility Sewer | Public Sewer, Sanitary Sewer |
| Water (WaterSource) | Public |
| Parking Type | Front Access, Asphalt |
| Total Parking Spaces | 6 |
| Lot Size | 9470 |
|---|---|
| Lot Size Depth | Feet |
| Lot Size Frontage | 74 |
| MLS® # | R3113696 |
| Area | North Surrey |
| Neighbourhood | Bolivar Heights |
| City | Surrey |
| Postal Code | V3R 3B5 |
| Gross Taxes | $5,497.76 |
| Zoning | R3 |
| Floor | Type | Dimensions |
|---|---|---|
| Main Level | Living Room | 10' x 10' ft |
| Main Level | Kitchen | 10' x 10' ft |
| Main Level | Dining Room | 10' x 10' ft |
| Main Level | Primary Bedroom | 10' x 10' ft |
| Main Level | Primary Bedroom | 10' x 10' ft |
| Main Level | Primary Bedroom | 10' x 10' ft |
| Basement Level | Living Room | 10' x 10' ft |
| Basement Level | Kitchen | 10' x 10' ft |
| Basement Level | Primary Bedroom | 10' x 10' ft |
| Basement Level | Primary Bedroom | 10' x 10' ft |
| Basement Level | Primary Bedroom | 10' x 10' ft |
| Floor | Ensuite | Pieces |
|---|---|---|
| Main Level | Yes | #3 |
| Main Level | No | #3 |
| Basement | No | #3 |
Listed by: RE/MAX City 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 |
|---|---|---|---|---|---|
| Year | Land | Improvements | Total Assessed | YOY Change |
|---|---|---|---|---|
| 2026 | $1,220,000 | $31,600 | $1,251,600 | — |
Based on 2 comparable active Single Family Residences in Bolivar Heights, the average asking price is $1,327,667. This listing is priced 3.2% below the neighbourhood average.
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