$1,649,000
Sold
Exceptional development/holding opportunity in a highly sought-after location! This beautiful 7,600+ square foot corner lot (115 feet frontage on 78 Avenue & 66 feet on 124 Street) is zoned R3, allowing for a FOURPLEX or DUPLEX with 2 legal suites – the perfect site for your next project or investment. The property currently features a 3-bedroom rancher, offering excellent rental income potential during planning and permitting. Bus stop is right next to the property (Bus #329 – direct to Surrey Central Station), and Strawberry Hill Elementary is just 1 block away – a fantastic location for families and commuters alike.
| Basement Finished Area (sqft) | 0 |
|---|---|
| Basement Features | Full |
| Appliances Included | Washer/Dryer, Dishwasher, Refrigerator, Stove |
| Interior Features | Storage |
| Heating Type | Forced Air, Natural Gas |
| Laundry | In Unit |
| # of Kitchens | 1 |
| Flooring | Vinyl, Carpet |
| Foundation | Concrete Perimeter, Slab |
| Roof | Tile |
|---|---|
| Structures | Residential Detached |
| Price | $1,449,888 |
|---|---|
| Total Bedrooms | 3 |
| Total Bathrooms | 1 |
| Full Bathrooms | 1 |
| Half Bathrooms | 0 |
| Floor Area Total (sqft) | 1445 |
| Year Built | 1958 |
| Age Of Building | 68 |
| Building Type | Single Family Residence |
| Property Type | Residential |
| Architecture Style | Rancher/Bungalow |
| Stories | 1 |
| Ownership Type | Freehold NonStrata |
| Community Features | Shopping Nearby |
| Utility Type | Electricity Connected, Water Connected |
| Utility Sewer | Public Sewer, Sanitary Sewer, Storm Sewer |
| Water (WaterSource) | Public |
| Parking Type | Additional Parking, Open, RV Access/Parking, Front Access |
| Total Parking Spaces | 8 |
| Lot Size | 7677 |
|---|---|
| Lot Size Depth | Feet |
| Lot Size Frontage | 115.65 |
| MLS® # | R3054278 |
| Area | Surrey |
| Neighbourhood | West Newton |
| City | Surrey |
| Postal Code | V3W 2X5 |
| Gross Taxes | $4,911.92 |
| Zoning | R3 |
| Floor | Type | Dimensions |
|---|---|---|
| Main Level | Living Room | 18' x 18' ft |
| Main Level | Dining Room | 12' x 12' ft |
| Main Level | Kitchen | 12' x 12' ft |
| Main Level | Primary Bedroom | 13' x 13' ft |
| Main Level | Bedroom | 18' x 18' ft |
| Main Level | Bedroom | 11' x 11' ft |
| Main Level | Laundry | 7' x 7' ft |
| Floor | Ensuite | Pieces |
|---|---|---|
| Main Level | No | #4 |
Listed by: Coldwell Banker Universe Realty & Century 21 Coastal Realty Ltd.
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
| School | Type | Grades Served | Catchment Info | Rating | Distance |
|---|---|---|---|---|---|
| Year | Land | Improvements | Total Assessed | YOY Change |
|---|---|---|---|---|
| 2026 | $1,183,000 | $16,100 | $1,199,100 | — |
Comparable data is unavailable at the neighbourhood level. City-wide in Surrey, similar Single Family Residences average $1,173,967 across 6 active listings — this listing is 23.5% above the Surrey average. This property is flagged as a Hot Deal (12.1% price reduction) based on its competitive pricing and market demand.
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