15442 40 Ave, Surrey, BC

$3,888,800
Est. Mortgage /mo

MLS# R3059247

4 Beds
2 Baths
2194 sqft
1772 $ /sqft
1969 built
$3,888,800
Est. /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

Property Details & Specs

If you are looking for a farm land BUSINESS and an INVESTMENT PROPERTY! You have to see this gorgeous 10.00 acres farm land located in 40th Avenue and a lot away from 152 Street. Easy access to lower mainland area & Hwy 99. Very close to Morgan Creek Golf Course - one of the best Golf Course in Fraser Valley. The 2,194 sqft home features 4 beds and 2 baths plus 7,000 sqft WAREHOUSE! 4 qualified CANNABIS. GROWING LICENSES, 3 phase power and rich soil ideal for nursery business and other uses, all fall under A-1 Agricultural zoning. Nicmekl River separates this farm land from Rosemary Heights. Don't miss this opportunity!

General Info

Price $3,888,800
Total Bedrooms 4
Total Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 2194
Lot Size 9.997
Lot Size Depth Feet
Lot Size Frontage 985
Basement 0
Basement Features None

Property Metrics

Year Built 1969
Age Of Building 56
Building Type Single Family Residence
Property Type Residential
Stories 2
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Structures Residential Detached

Additional Details

MLS® # R3059247
Building Name -
Area South Surrey White Rock
Neighbourhood Morgan Creek
City Surrey
Postal Code V3Z 1E6
Price per Sqft -
Gross Taxes $7,150.07
Ownership Type Freehold NonStrata
Maintenance Fee -

Heating & Cooling

Fireplace -
Heating Type Electric

Utilities

Utility Type Electricity Connected, Natural Gas Connected
Utility Sewer Septic Tank
Water (WaterSource) Well Drilled

Parking

Parking Type Open
Total Parking Spaces -
Strata Restrictions -
Rental Restrictions -
Zoning A-1
Rental Suites None
Laundry In Unit
# of Kitchens 1
Flooring Wall/Wall/Mixed
Foundation Slab
Locker -
View -
View Description -
Units In Development -
Exterior Features No Outdoor Area
Sewer Septic Tank
Roof Asphalt

Property Timeline

Status Date Price
R3059247 / Active 10-16-2025 $3,888,800
Rooms
Floor Type Dimensions
Above Level Living Room 14'0 x 14'0 ft
Above Level Hobby Room 14'0 x 14'0 ft
Above Level Primary Bedroom 12'5 x 12'5 ft
Above Level Bedroom 9'0 x 9'0 ft
Above Level Bedroom 9'0 x 9'0 ft
Main Level Kitchen 25'0 x 25'0 ft
Main Level Office 13'0 x 13'0 ft
Main Level Mud Room 10'0 x 10'0 ft
Main Level Bedroom 14'0 x 14'0 ft
Bathrooms
Floor Ensuite Pieces
Main Level No #3
Listed by: eXp Realty of Canada Inc.

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.

Neighborhood & Transit Info

Public Schools

Elementary
Rosemary Heights Elementary School
Above Average
0.86 km
7/10
Secondary
Earl Marriott Secondary School
4.77 km

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

Private Schools

Elementary, Secondary
Southridge School
Above Average
2.93 km
10/10
Elementary, Secondary
Southridge School
Above Average
2.93 km
10/10

Closest Transit

Bus Stop
Northbound 152 St @ 40 Ave
0.41 km
Skytrain
Skytrain @ Hillcrest/ 184 st Station ( Under Construction till 2029)
8.55 km

Crime Rate

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

Demographics

Post-Secondary Education
Below Average
19.3%
No Certificate/Degree
Above Average
18%
Owner Occupied
Average
62.9%
Employment Rate
Average
58.7%

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
Possible
Close to Cemeteries
Unlikely

Local Info

Estimated Mortgage Calculator

/month
Principal & Interest
Property Taxes $596
Maintenance fee 0
A 20% down payment of $777,760 on this $3,888,800 listing yields an estimated mortgage of $14,853/month (30-year fixed, 4%). Total estimated housing cost: $15,449/month, $596 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:

Estimated Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
With $9,212/month in estimated rental income against $15,732/month in mortgage payments, the monthly cashflow is -$6,520/month. A 56% down payment would reach break-even.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Home Price Evaluation Chart

Beds Home Types Square Feet Lot Size Year Built
This Home $3,888,800
Surrey Loading...
Morgan Creek Loading...
There are currently no comparable Single Family Residences active in Morgan Creek. The Surrey-wide average for similar 4-bedroom properties is $1,332,158 (19 listings). This home is priced 191.9% above that benchmark.
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 Price Comparision

This house $1,400,000
Surrey

No comparables

Fleetwood Tynehead $1,399,000 -6.38%
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

Property FAQs

What are the closest top-rated schools to 15442 40 Avenue, Surrey, BC?
The closest top-rated schools are Rosemary Heights Elementary School and Earl Marriott Secondary School.
Is 15442 40 Avenue, Surrey, BC in a flood zone?
Flood risk status: Yes.
What is the estimated monthly mortgage and strata fee for 15442 40 Avenue, Surrey, BC?
With a standard down payment, the estimated monthly mortgage is approximately $23,333.
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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