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*DEVELOPERS* - Prime opportunity in Bolivar Heights, North Surrey! Mid-rise development opportunity. The development at end of street applied for rezoning to RM-70 for a 6-storey building. Situated on a 7,911 sqft lot w/ R3 zoning. This 2-storey home offers 5 beds & 3 baths, including a fully finished basement suite with separate entry. Well-suited for investors or extended families, the layout allows for strong rental income while maintaining comfortable living space upstairs. Located in an evolving neighbourhood with ongoing development and land assembly activity nearby, this property presents solid future upside. Conveniently close to schools, transit, and shopping. Hold, rent, or explore future potential in one of Surrey’s steadily growing areas.
| Basement Finished Area (sqft) | 0 |
|---|---|
| Basement Features | Finished, Exterior Entry |
| Appliances Included | Washer/Dryer, Dishwasher, Refrigerator, Stove |
| Interior Features | Storage |
| Heating Type | Forced Air, Natural Gas |
| Laundry | In Unit |
| # of Kitchens | 2 |
| Flooring | Mixed |
| Foundation | Concrete Perimeter |
| Exterior Features | Garden, Private Yard |
|---|---|
| Roof | Tile |
| Structures | Residential Detached |
| Price | $1,150,000 |
|---|---|
| Total Bedrooms | 5 |
| Total Bathrooms | 2 |
| Full Bathrooms | 2 |
| Half Bathrooms | 0 |
| Floor Area Total (sqft) | 1901 |
| Year Built | 1953 |
| Age Of Building | 73 |
| Building Type | Single Family Residence |
| Property Type | Residential |
| Stories | 2 |
| Ownership Type | Freehold NonStrata |
| Community Features | Shopping Nearby |
| Utility Type | Electricity Connected, Natural Gas Connected, Water Connected |
| Utility Sewer | Public Sewer, Sanitary Sewer, Storm Sewer |
| Water (WaterSource) | Public |
| Parking Type | Open, RV Access/Parking, Front Access, Side Access, Asphalt, Gravel |
| Total Parking Spaces | 4 |
| Rental Suites | Unauthorized Suite |
| Lot Size | 7911 |
|---|---|
| Lot Size Depth | Metres |
| Lot Size Frontage | 59.91 |
| MLS® # | R3131253 |
| Area | North Surrey |
| Neighbourhood | Bolivar Heights |
| City | Surrey |
| Postal Code | V3R 5J5 |
| Gross Taxes | $6,019.98 |
| Zoning | R3 |
| Floor | Type | Dimensions |
|---|---|---|
| Main Level | Living Room | 12'1 x 12'1 ft |
| Main Level | Kitchen | 11'4 x 11'4 ft |
| Main Level | Dining Room | 10'2 x 10'2 ft |
| Main Level | Primary Bedroom | 14'8 x 14'8 ft |
| Main Level | Bedroom | 9'6 x 9'6 ft |
| Main Level | Bedroom | 10'7 x 10'7 ft |
| Main Level | Laundry | 8'6 x 8'6 ft |
| Basement Level | Living Room | 8'6 x 8'6 ft |
| Basement Level | Kitchen | 14'2 x 14'2 ft |
| Basement Level | Bedroom | 8'2 x 8'2 ft |
| Basement Level | Bedroom | 11'3 x 11'3 ft |
| Basement Level | Eating Area | 9'4 x 9'4 ft |
| Floor | Ensuite | Pieces |
|---|---|---|
| Main Level | Yes | #3 |
| Below | No | #3 |
Listed by: Real Broker B.C. 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
▼ 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 | $1,169,000 | $24,600 | $1,193,600 | — |
Based on 2 comparable active Single Family Residences in Bolivar Heights, the average asking price is $1,215,333. This listing is priced 5.4% below the neighbourhood average.
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