Investor Alert! Re-introduced to the market with a substantial price adjustment. This 7,974 sq ft property with rare side lane access sits in a neighborhood surrounded by new homes and ongoing redevelopment, The lot provides excellent flexibility for a future new build, while the existing home—though in need of some updating—remains a solid rental option for immediate income. Whether you choose to hold, rent, or build, this property delivers a smart foothold in one of East Newton’s most active redevelopment pockets. Large lot with lane access and long-term potential, make this an appealing option for investors, builders, or buyers looking to secure land in a growing area. Seller is open to reasonable offers.
| Basement Finished Area (sqft) | 0 |
|---|---|
| Basement Features | None |
| Fireplace | 2 |
| Heating Type | Forced Air, Natural Gas |
| Laundry | In Unit |
| # of Kitchens | 1 |
| Flooring | Mixed |
| Foundation | Concrete Perimeter |
| Exterior Features | Garden |
|---|---|
| Roof | Asphalt |
| Structures | Residential Detached |
| Price | $1,125,000 |
|---|---|
| Total Bedrooms | 3 |
| Total Bathrooms | 2 |
| Full Bathrooms | 2 |
| Half Bathrooms | 0 |
| Floor Area Total (sqft) | 1549 |
| Year Built | 1986 |
| Age Of Building | 40 |
| Building Type | Single Family Residence |
| Property Type | Residential |
| Architecture Style | Rancher/Bungalow |
| Stories | 1 |
| Ownership Type | Freehold NonStrata |
| Utility Type | Electricity Connected, Natural Gas Connected, Water Connected |
| Utility Sewer | Septic Tank |
| Water (WaterSource) | Public |
| Parking Type | Detached, Open, Lane Access |
| Rental Suites | None |
| Lot Size | 7982 |
|---|---|
| Lot Size Depth | Metres |
| Lot Size Frontage | 66.6 |
| MLS® # | R3094842 |
| Area | Surrey |
| Neighbourhood | Panorama Ridge |
| City | Surrey |
| Postal Code | V3X 2C2 |
| Gross Taxes | $5,279.3 |
| Zoning | RA |
| Status | Date | Price |
|---|---|---|
| R3094842 / Active | 03-02-2026 | $1,125,000 |
| Floor | Type | Dimensions |
|---|---|---|
| Main Level | Kitchen | 11' x 11' ft |
| Main Level | Living Room | 17' x 17' ft |
| Main Level | Dining Room | 11' x 11' ft |
| Main Level | Family Room | 18' x 18' ft |
| Main Level | Primary Bedroom | 14' x 14' ft |
| Main Level | Bedroom | 12' x 12' ft |
| Main Level | Bedroom | 12' x 12' ft |
| Main Level | Laundry | 19' x 19' ft |
| Floor | Ensuite | Pieces |
|---|---|---|
| Main Level | No | #4 |
| Main Level | Yes | #3 |
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.
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 12835 60 Avenue | |||||
| Year | Land | Improvements | Total Assessed | YOY Change |
|---|---|---|---|---|
| 2026 | $1,264,000 | $41,300 | $1,305,300 | — |
Comparable data is unavailable at the neighbourhood level. City-wide in Surrey, similar Single Family Residences average $1,211,655 across 13 active listings — this listing is 7.2% below the Surrey average. This property is flagged as a Hot Deal (7.4% price reduction) based on its competitive pricing and market demand.
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