5567- 5577 King George Blvd, Surrey BC - Single Family Residence for Sale - MLS# R3035854

$2,980,000
Est. Mortgage $13,183/mo
Panorama Ridge
4 Beds
4 Baths
3563 sqft
836 $ /sqft
1946 built
$2,980,000
Est. $13,183/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 5567- 5577 King George Boulevard

Rare offering of 2 adjacent parcels totaling almost 1 acre in the desirable Panorama Ridge area of Surrey. The property includes an older 2-storey home with little to no value. Value is in the land. Located within the Frequent Bus Stop Area, presenting potential for increased density (buyers to confirm with City of Surrey). To be sold together with the third adjacent property (5587 King George Blvd) for a total land assembly of approx. 1.9 acres. Excellent redevelopment potential with stormwater nearby and sewer connection available on Trites Rd. Potential water views with future subdivision.

Interior Features

Basement Finished Area (sqft) 0
Basement Features Crawl Space
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Fireplace 2
Heating Type Baseboard, Electric, Natural Gas
Laundry In Unit
# of Kitchens 2
Flooring Hardwood, Laminate, Other, Carpet
Foundation Concrete Perimeter

Exterior Features

Exterior Features Garden, Balcony, Private Yard
View Description Greenbelt and valley
Roof Asphalt
Structures Residential Detached

Building Details

Price $2,980,000
Total Bedrooms 4
Total Bathrooms 4
Full Bathrooms 4
Half Bathrooms 0
Floor Area Total (sqft) 3563
Year Built 1946
Age Of Building 80
Building Type Single Family Residence
Property Type Residential
Stories 2
Building Name Panorama Ridge
Ownership Type Freehold NonStrata
Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Septic Tank
Water (WaterSource) Public
Parking Type Additional Parking, Garage Double, Open, Front Access, Asphalt
Total Parking Spaces 10
Rental Suites Unauthorized Suite

Lot & Land

Lot Size 42403
Lot Size Depth Feet
Lot Size Frontage 151.54
MLS® # R3035854
Area Surrey
Neighbourhood Panorama Ridge
City Surrey
Postal Code V3X 3G1
Gross Taxes $7,850.58
Zoning R1

Property Timeline

Status Date Price
R3035854 / Active 08-08-2025 $2,980,000
Rooms
Floor Type Dimensions
Main Level Living Room 23' x 23' ft
Main Level Kitchen 11' x 11' ft
Main Level Eating Area 11' x 11' ft
Main Level Primary Bedroom 16' x 16' ft
Main Level Bedroom 12' x 12' ft
Main Level Bedroom 9' x 9' ft
Above Level Living Room 14' x 14' ft
Above Level Kitchen 14' x 14' ft
Above Level Bedroom 14' x 14' ft
Bathrooms
Floor Ensuite Pieces
Main Level No #3
Main Level No #3
Main Level No #3
Above Level No #3

Listed by: Luxmore Realty

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
3.13 km
Secondary
Panorama Ridge Secondary School
2.39 km

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

Private Schools

Elementary
St. Bernadette
Above Average
2.81 km
8.5/10
Elementary, Secondary
Regent Christian Academy
Above Average
2.9 km
8.1/10

Closest Transit

Bus Stop
Southbound King George Blvd @ Hwy 10
0.23 km
Skytrain
Skytrain @ Fleetwood Station ( Under Construction till 2029)
7.05 km

Crime Rate

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

Demographics

Post-Secondary Education
Below Average
23%
No Certificate/Degree
Above Average
19.7%
Owner Occupied
Average
73.2%
Employment Rate
Above Average
72.2%

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 5567- 5577 King George Boulevard

BC Assessment Value — 5567- 5577 King George Boulevard

2026 assessed value, sourced from City of Surrey open data (PID 013-859-421).
Total Assessed Value (2026)
$74,900
2026 Value Trend
Land
$74,900
Buildings
$0
Year Built
N/A
Class
N/A
Zoning
R1
Property Tax
N/A
Year Land Improvements Total Assessed YOY Change
2026 $74,900 $0 $74,900

Mortgage Calculator for 5567- 5577 King George Boulevard

/month
Principal & Interest
Property Taxes $654
Maintenance fee 0
With a 20% down payment, buyers can expect an estimated $12,036/month in total housing costs on this $2,980,000 property — $11,382 mortgage payment, $654 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 $8,566/month estimated rent and $12,284/month in total housing costs, this property has a -$3,718/month cashflow. Break-even down payment: approximately 47%.
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 $2,980,000
Surrey Loading...
Panorama Ridge Loading...

No active comparable properties are currently available for this property type in Surrey. The price evaluation chart will update as similar listings enter the market.

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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