13851 115 Ave, Surrey BC - Land for Sale - MLS# R3095769

$2,999,999
Est. Mortgage $13,272/mo
0 sqft
Foreclosures, 16.7% price reduction
$2,999,999
$3,600,000
Est. $13,272/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 13851 115 Avenue

Foreclosures 16.7% price reduction

COURT ORDERED SALE. 13851 115 Avenue, Surrey, BC - A 1.86 acre property with a single family home in place approved at 3rd reading for a 6-lot residential subdivision with PLA in place. Colliers presents a rare development opportunity to purchase a boutique development property with favourable zoning that supports low-risk, single family residential development. The property offers flexibility for a range of housing forms, including single-family or small-scale multi-unit residential options. Set in a highly desirable, park-like environment, the site backs onto a greenway along the north side, providing natural views and enhanced livability. An excellent opportunity for builders and investors seeking a well-located site with strong development fundamentals and long-term value.

Exterior Features

View Description NORTH
Structures Land Only

Building Details

Price $2,999,999
Property Type Land
Ownership Type Freehold NonStrata
Utility Type Sanitary Sewer Nearby, Storm Sewer Nearby, Electricity Nearby, Natural Gas Nearby, Phone Nearby, Cable Available
Water (WaterSource) Other

Lot & Land

Lot Size 1.86
Lot Size Depth Feet
MLS® # R3095769
Area North Surrey
Neighbourhood Bolivar Heights
City Surrey
Postal Code V3R 5Y3
Gross Taxes $15,689.76
Zoning RA

Property Timeline

Status Date Price
R3095769 / Active 03-03-2026 $2,999,999
R2844824 / Sold 06-28-2024 $4,250,000

Listed by: Colliers & Colliers & Colliers

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

Secondary
Kwantlen Park Secondary School
2.61 km
Elementary
James Ardiel Elementary School
Average
0.63 km
4.9/10

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

Private Schools

Elementary
Iqra School
Above Average
1.51 km
9.7/10
Secondary
Honour Secondary School
2.25 km

Closest Transit

Bus Stop
Eastbound 113 Ave @ 138 St
0.52 km
Skytrain
Skytrain @ Gateway Stn
1.71 km

Crime Rate

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

Demographics

Post-Secondary Education
Below Average
11.7%
No Certificate/Degree
Above Average
25%
Owner Occupied
Average
61.8%
Employment Rate
Above Average
69.2%

Noise/ Power Lines

Road/Hwy Noise
Possible
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
Market Performance

Real Estate Stats for December 2025 in Surrey

FVREB Report city Level
Detached Benchmark

$1,404K

7.77% Year-over-Year

Sales (Mo.)

N/A

Active Inventory

N/A

Market Climate 's Market

Nearby Restaurants, Cafes & Shops

Schools NearBy

School Type Grades Served Catchment Info Rating Distance
Schools Near 13851 115 Avenue

BC Assessment Value — 13851 115 Avenue

2026 assessed value, sourced from City of Surrey open data (PID 002-328-691).
Total Assessed Value (2026)
$4,032,200
2026 Value Trend
Land
$3,942,000
Buildings
$90,200
Year Built
N/A
Class
N/A
Zoning
RA
Property Tax
N/A
Year Land Improvements Total Assessed YOY Change
2026 $3,942,000 $90,200 $4,032,200

Mortgage Calculator for 13851 115 Avenue

/month
Principal & Interest
Property Taxes $1,307
Maintenance fee 0
Based on a 30-year fixed at 4% interest with 20% down ($600,000), the estimated monthly payment for this listing is $12,765/month — $11,458 principal & interest, $1,307 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%
At an estimated rental income of $7,415/month, this property runs a $5,599/month shortfall after mortgage and carrying costs. Break-even requires approximately 60% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Price vs Neighbourhood Average — Bolivar Heights, Surrey

Beds Home Types Square Feet Lot Size Year Built
This Home $2,999,999
Surrey Loading...
Bolivar Heights Loading...

Comparable data is unavailable at the neighbourhood level. City-wide in Surrey, similar properties average $3,850,000 across 3 active listings — this listing is 22.1% below the Surrey average. This property is flagged as a Hot Deal (Foreclosures, 16.7% price reduction) based on its competitive pricing and market demand.

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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