Discover the potential at 7342 140 Street in the heart of Surrey! This solid 5 bedroom full basement home sits on a huge lot and offers incredible opportunities for homeowners, investors, or builders alike. Zoned R3 with potential for 4 unit redevelopment (buyer to verify with the City), this property presents exciting future possibilities. The home offers a functional layout with a full basement, plenty of space, a great bone to renovate, hold, or build new. Conveniently located close to schools, transit, shopping, parks, and everyday amenities, this is a rare opportunity in a rapidly development area. Excellent holding property with strong future upside! Tenant m/m.
| Basement Finished Area (sqft) | 0 |
|---|---|
| Basement Features | Full, Unfinished |
| Appliances Included | Washer/Dryer, Dishwasher, Refrigerator, Stove |
| Fireplace | 2 |
| Heating Type | Forced Air |
| Laundry | In Unit |
| # of Kitchens | 1 |
| Flooring | Mixed |
| Foundation | Concrete Perimeter |
| Exterior Features | Private Yard |
|---|---|
| Roof | Asphalt |
| Structures | Residential Detached |
| Price | $1,375,000 |
|---|---|
| Total Bedrooms | 5 |
| Total Bathrooms | 2 |
| Full Bathrooms | 1 |
| Half Bathrooms | 1 |
| Floor Area Total (sqft) | 2346 |
| Year Built | 1973 |
| Age Of Building | 53 |
| Building Type | Single Family Residence |
| Property Type | Residential |
| Architecture Style | Basement Entry |
| Stories | 2 |
| Ownership Type | Freehold NonStrata |
| Community Features | Shopping Nearby |
| Utility Type | Electricity Connected, Natural Gas Connected |
| Utility Sewer | Public Sewer |
| Water (WaterSource) | Public |
| Parking Type | Open, Front Access, Asphalt |
| Total Parking Spaces | 4 |
| Rental Suites | None |
| Lot Size | 11820 |
|---|---|
| Lot Size Depth | Feet |
| Lot Size Frontage | 74 |
| MLS® # | R3127300 |
| Area | Surrey |
| Neighbourhood | East Newton |
| City | Surrey |
| Postal Code | V3W 5J7 |
| Gross Taxes | $5,183.26 |
| Zoning | R3 |
| Floor | Type | Dimensions |
|---|---|---|
| Main Level | Living Room | 18'2 x 18'2 ft |
| Main Level | Dining Room | 8'3 x 8'3 ft |
| Main Level | Kitchen | 15'5 x 15'5 ft |
| Main Level | Dining Room | 8'3 x 8'3 ft |
| Main Level | Bedroom | 10'11 x 10'11 ft |
| Main Level | Bedroom | 9'6 x 9'6 ft |
| Main Level | Bedroom | 9' x 9' ft |
| Basement Level | Bedroom | 9'4 x 9'4 ft |
| Basement Level | Living Room | 18'2 x 18'2 ft |
| Basement Level | Bedroom | 9'3 x 9'3 ft |
| Basement Level | Laundry | 9'6 x 9'6 ft |
| Basement Level | Workshop | 17'9 x 17'9 ft |
| Basement Level | Storage | 19'5 x 19'5 ft |
| Floor | Ensuite | Pieces |
|---|---|---|
| Main Level | No | #4 |
| Main Level | Yes | #2 |
Listed by: Homelife Benchmark Titus 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.
Public Schools
Information includes BC Government Open License data; school details change often and are offered solely as general guidance.
Private Schools
Closest Transit
Crime Rate
Demographics
Noise/ Power Lines
Other
| School | Type | Grades Served | Catchment Info | Rating | Distance |
|---|---|---|---|---|---|
| Year | Land | Improvements | Total Assessed | YOY Change |
|---|---|---|---|---|
| 2026 | $1,261,000 | $33,100 | $1,294,100 | — |
Based on 2 comparable active Single Family Residences in East Newton, the average asking price is $1,191,667. This listing is priced 15.4% above the neighbourhood average.
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