Below Assessment Value

15824 Tulip Dr, Surrey, BC

$1,248,800
Est. Mortgage /mo

MLS# R3087772

0 sqft
$1,248,800
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

Below Assessment Value

Exceptional opportunity to build on this RECTANGULAR R3 LOT w/BACK LANE ACCESS. NO EASEMENTS OR RIGHTS OF WAY.  Build FOURPLEX units and get a return of ~1-1.2 million (each unit may be sold independently and can include a MORTGAGE HELPER). Alternatively, explore options such as a 3-STOREY SINGLE-FAMILY HOME WITH GARDEN SUITE or a 3-STOREY DUPLEX WITH TWO GARDEN SUITES (buyer to verify with City). PRIME LOCATION near Semiahmoo Shopping Centre, Highway 99 and transit. Excellent school catchments include Earl Marriott Secondary and Elgin Park Secondary. Minutes to White Rock & Crescent Beach, parks and recreation.  Rare DEVELOPMENT-READY SITE. Priced ~$150,000 BELOW BC ASSESSED VALUE.

General Info

Price $1,248,800
Total Bedrooms -
Total Bathrooms -
Half Bathrooms -
Floor Area Total (sqft) -
Lot Size 8730
Lot Size Depth Feet
Lot Size Frontage 63.77
Basement -

Property Metrics

Year Built -
Age Of Building -
Building Type -
Property Type Land
Stories -
Structures Land Only

Additional Details

MLS® # R3087772
Building Name -
Area South Surrey White Rock
Neighbourhood King George Corridor
City Surrey
Postal Code V4A 1Y1
Price per Sqft -
Gross Taxes $5,141.04
Ownership Type Freehold NonStrata
Maintenance Fee -
Community Features Near Shopping
Fixtures Included -

Heating & Cooling

Fireplace -

Utilities

Utility Type Sanitary Sewer At Lot Line, Storm Sewer At Lot Line, Electricity At Lot Line, Natural Gas At Lot Line, Natural Gas Connected, Cable Connected
Water (WaterSource) Public

Parking

Total Parking Spaces -
Strata Restrictions -
Rental Restrictions -
Zoning R3
Rental Suites -
# of Kitchens -
Locker -
View -
View Description -
Units In Development -

Property Timeline

Status Date Price
R3087772 / Active 02-09-2026 $1,248,800
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
Jessie Lee Elementary School
Average
0.8 km
4.8/10
Secondary
Earl Marriott Secondary School
0.53 km

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

Private Schools

Elementary, Secondary
White Rock Christian Academy
Above Average
1.47 km
8.6/10
Elementary, Secondary
White Rock Christian Academy
Above Average
1.47 km
8.6/10

Closest Transit

Bus Stop
Southbound King George Blvd @ 20 Ave
0.18 km
Skytrain
Skytrain @ Clayton Station ( Under Construction till 2029)
11.42 km

Crime Rate

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

Demographics

Post-Secondary Education
Below Average
21.1%
No Certificate/Degree
Below Average
12.5%
Owner Occupied
Below Average
51%
Employment Rate
Below Average
47.4%

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

Local Info

Estimated Mortgage Calculator

/month
Principal & Interest
Property Taxes $428
Maintenance fee 0
A 20% down payment of $249,760 on this $1,248,800 listing yields an estimated mortgage of $4,770/month (30-year fixed, 4%). Total estimated housing cost: $5,198/month, $428 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 $3,858/month in estimated rental income against $5,357/month in mortgage payments, the monthly cashflow is -$1,499/month. A 46% 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 $1,248,800
Surrey Loading...
King George Corridor Loading...
This $1,248,800 listing sits 0% below the King George Corridor average of $1,248,867 for similar 0-bedroom Lands (2 active comparables). This property is flagged as a Hot Deal (Below Assessment Value) 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 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 15824 Tulip Drive, Surrey, BC?
The closest top-rated schools are Jessie Lee Elementary School and Earl Marriott Secondary School.
Is 15824 Tulip Drive, Surrey, BC in a flood zone?
Flood risk status: No.
What is the estimated monthly mortgage and strata fee for 15824 Tulip Drive, Surrey, BC?
With a standard down payment, the estimated monthly mortgage is approximately $7,493.
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

Earn Cashback

Potential Cashback for this listing if you buy with us

$0
out of $8,206
0 of 17 missions

Sign up on Estateblock.com

$410 / 5%

Buy with us & save on this property

Similar Lands for Sale in King George Corridor

Book a tour

Please complete the form. We will make the arrangements and give you a call, typically within 1-2 hours. Or Call Us 778-918-5990
Thank you Your message has been sent