12866 56 Ave, Surrey BC - Single Family Residence for Sale - MLS# R3111036

$5,999,000
Est. Mortgage $26,539/mo
5 Beds
4 Baths
2763 sqft
2171 $ /sqft
1970 built
$5,999,000
Est. $26,539/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 12866 56 Avenue

Rare 2.34-acre parcel in Panorama Ridge with subdivision potential! This duplex-style property includes an attached secondary suite. Services accessible from the front on 56 Avenue, with a future back lane planned for additional access. Please do not disturb tenants. A unique investment opportunity in a highly desirable area. Contact listing agent for more details and development potential. Must have permission from listing agent to walk the property.

Interior Features

Basement Finished Area (sqft) 0
Basement Features Unfinished
Fireplace 2
Heating Type Hot Water, Natural Gas
# of Kitchens 1
Foundation Slab

Exterior Features

Roof Wood
Structures Residential Detached

Building Details

Price $5,999,000
Total Bedrooms 5
Total Bathrooms 4
Full Bathrooms 2
Half Bathrooms 2
Floor Area Total (sqft) 2763
Year Built 1970
Age Of Building 56
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 Septic Tank
Water (WaterSource) Public
Parking Type Carport Single, Open, Front Access
Total Parking Spaces 10
Rental Suites None

Lot & Land

Lot Size 2.34
Lot Size Depth Feet
Lot Size Frontage 170.6
MLS® # R3111036
Area Surrey
Neighbourhood Panorama Ridge
City Surrey
Postal Code V3X 2Y9
Gross Taxes $16,663.82
Zoning RH

Property Timeline

Status Date Price
R3111036 / Active 04-14-2026 $5,999,000
Rooms
Floor Type Dimensions
Main Level Bedroom 12'0 x 12'0 ft
Main Level Primary Bedroom 18'4 x 18'4 ft
Main Level Living Room 18'6 x 18'6 ft
Main Level Kitchen 13'10 x 13'10 ft
Main Level Dining Room 15'7 x 15'7 ft
Main Level Bedroom 10'0 x 10'0 ft
Main Level Bedroom 10'0 x 10'0 ft
Above Level Primary Bedroom 22'0 x 22'0 ft
Above Level Den 9'0 x 9'0 ft
Bathrooms
Floor Ensuite Pieces
Above Level No #3
Main Level No #2
Above Level No #3
Main Level No #2

Listed by:

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

Elementary
Colebrook Elementary School
0.63 km
Secondary
Panorama Ridge Secondary School
1.75 km

Information includes BC Government Open License data; school details change often and are offered solely as general guidance.

Private Schools

Elementary
St. Bernadette
2.02 km
Elementary, Secondary
Regent Christian Academy
5 km

Closest Transit

Bus Stop
Westbound 56 Ave @ 128 St
0.11 km
Skytrain
Skytrain @ 152 St Station ( Under Construction till 2029)
8.35 km

Crime Rate

Total Crime Rate
Average
Violent Crime Rate
Below Average
Property Crime Rate
Average

Demographics

Post-Secondary Education
Above Average
33.1%
No Certificate/Degree
Below Average
12.1%
Owner Occupied
Below Average
52.5%
Employment Rate
Average
61.5%

Noise/ Power Lines

Road/Hwy Noise
Unlikely
Railway/Sky train Noise
Unlikely
Airport/Port Noise
Unlikely
Close to major Power Lines
Unlikely

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 12866 56 Avenue

BC Assessment Value — 12866 56 Avenue

2026 assessed value, sourced from City of Surrey open data (PID 007-483-945).
Total Assessed Value (2026)
$4,141,300
2026 Value Trend
Land
$4,088,000
Buildings
$53,300
Year Built
N/A
Class
N/A
Zoning
R1
Property Tax
N/A
Year Land Improvements Total Assessed YOY Change
2026 $4,088,000 $53,300 $4,141,300

Mortgage Calculator for 12866 56 Avenue

/month
Principal & Interest
Property Taxes $1,389
Maintenance fee 0
With a 20% down payment, buyers can expect an estimated $24,301/month in total housing costs on this $5,999,000 property — $22,912 mortgage payment, $1,389 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%
Based on $13,593/month estimated rent and $24,675/month in total housing costs, this property has a -$11,082/month cashflow. Break-even down payment: approximately 59%.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Price vs Neighbourhood Average — Panorama Ridge, Surrey

Beds Home Types Square Feet Lot Size Year Built
This Home $5,999,000
Surrey Loading...
Panorama Ridge Loading...

Comparable data is unavailable at the neighbourhood level. City-wide in Surrey, similar Single Family Residences average $1,953,379 across 33 active listings — this listing is 207.1% above the Surrey average.

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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