7048 140a St, Surrey BC - Single Family Residence for Sale - MLS# R3106675

$1,295,000
Est. Mortgage $5,729/mo
3 Beds
2 Baths
2160 sqft
600 $ /sqft
1959 built
$1,295,000
Est. $5,729/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 7048 140a Street

Rare Opportunity in a Prime Location! This 3-bedroom, 2-bath residence sits on an expansive 11,400 sq ft lot backing onto serene parkland, offering exceptional privacy and a peaceful natural backdrop. Tucked away on a quiet street with ample parking, yet just minutes from top-rated schools, shopping, transit, and everyday amenities.Whether you choose to renovate, build your custom dream home, or hold as a long-term investment, this property offers outstanding potential and future value. Potential for fourplex development (buyer to verify with the City). A truly exceptional property with endless possibilities. OPEN SATURDAY APR. 11, 2-4

Interior Features

Basement Finished Area (sqft) 0
Basement Features Partially Finished
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Fireplace 3
Heating Type Forced Air, Natural Gas, Wood
# of Kitchens 2
Flooring Mixed
Foundation Concrete Perimeter

Exterior Features

Exterior Features Balcony, Private Yard
Roof Asphalt
Structures Residential Detached

Building Details

Price $1,295,000
Total Bedrooms 3
Total Bathrooms 2
Full Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 2160
Year Built 1959
Age Of Building 67
Building Type Single Family Residence
Property Type Residential
Architecture Style Split Entry
Stories 2
Ownership Type Freehold NonStrata
Community Features Shopping Nearby
Utility Type Community, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer
Water (WaterSource) Public
Parking Type Tandem, Open, RV Access/Parking, Front Access
Total Parking Spaces 8
Rental Suites Unauthorized Suite

Lot & Land

Lot Size 11408
Lot Size Depth Feet
Lot Size Frontage 75
MLS® # R3106675
Area Surrey
Neighbourhood East Newton
City Surrey
Postal Code V3W 5L5
Gross Taxes $5,576.15
Zoning R3

Property Timeline

Status Date Price
R3106675 / Active 03-30-2026 $1,295,000
Rooms
Floor Type Dimensions
Main Level Primary Bedroom 10'11 x 10'11 ft
Main Level Bedroom 8'1 x 8'1 ft
Main Level Bedroom 8'5 x 8'5 ft
Main Level Kitchen 13'2 x 13'2 ft
Main Level Living Room 13'3 x 13'3 ft
Main Level Dining Room 7'2 x 7'2 ft
Main Level Solarium 14'7 x 14'7 ft
Below Laundry 7' x 7' ft
Below Kitchen 13' x 13' ft
Below Living Room 18'7 x 18'7 ft
Below Den 12'10 x 12'10 ft
Below Workshop 14'11 x 14'11 ft
Bathrooms
Floor Ensuite Pieces
Main Level No #4
Below No #3

Listed by: Sutton Group Seafair Realty & Sutton Group Seafair 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
Georges Vanier Elementary School
0.25 km
Secondary
Frank Hurt Secondary School
1.3 km

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

Private Schools

Elementary
Surrey Muslim School
Above Average
1.47 km
7.7/10
Elementary, Secondary
Regent Christian Academy
Above Average
2.32 km
8.1/10

Closest Transit

Bus Stop
Eastbound 72 Ave @ 140 St
0.31 km
Skytrain
Skytrain @ 152 St Station ( Under Construction till 2029)
4.53 km

Crime Rate

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

Demographics

Post-Secondary Education
Below Average
13.1%
No Certificate/Degree
Above Average
23.1%
Owner Occupied
Below Average
53.8%
Employment Rate
Above Average
66.2%

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

Nearby Restaurants, Cafes & Shops

Schools NearBy

School Type Grades Served Catchment Info Rating Distance
Schools Near 7048 140a Street

BC Assessment Value — 7048 140a Street

2026 assessed value, sourced from City of Surrey open data (PID 002-661-942).
Total Assessed Value (2026)
$1,411,600
2026 Value Trend
Land
$1,387,000
Buildings
$24,600
Year Built
N/A
Class
N/A
Zoning
R3
Property Tax
N/A
Year Land Improvements Total Assessed YOY Change
2026 $1,387,000 $24,600 $1,411,600

Mortgage Calculator for 7048 140a Street

/month
Principal & Interest
Property Taxes $465
Maintenance fee 0
A 20% down payment of $259,000 on this $1,295,000 listing yields an estimated mortgage of $4,946/month (30-year fixed, 4%). Total estimated housing cost: $5,411/month, $465 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%
With $5,201/month in estimated rental income against $5,576/month in mortgage payments, the monthly cashflow is -$375/month. A 27% down payment would reach break-even.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Price vs Neighbourhood Average — East Newton, Surrey

Beds Home Types Square Feet Lot Size Year Built
This Home $1,295,000
Surrey Loading...
East Newton Loading...

Comparable data is unavailable at the neighbourhood level. City-wide in Surrey, similar Single Family Residences average $1,998,889 across 4 active listings — this listing is 35.2% below the Surrey average.

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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