7881 138 St, Surrey, BC

$1,199,999
Est. Mortgage /mo

MLS# R3088045

0 sqft
$1,199,999
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

Prime development and investment opportunity on a 8,956 sq. ft. R3-zoned lot. Build a single-family home or duplex with garden suite, accommodating a three-level residence (two storey plus basement) with a legal basement suite. Excellent potential for multi-income revenue and long-term appreciation. Situated in a quiet, centrally located neighbourhood with close proximity to schools, shopping, transit, major highways, restaurants, recreation centres, and parks. Ideal for builders and investors seeking a versatile, ready-to-build property. Call for details.

General Info

Price $1,199,999
Total Bedrooms -
Total Bathrooms -
Half Bathrooms -
Floor Area Total (sqft) -
Lot Size 8956
Lot Size Depth Feet
Lot Size Frontage 77.02
Basement -

Property Metrics

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

Additional Details

MLS® # R3088045
Building Name -
Area Surrey
Neighbourhood East Newton
City Surrey
Postal Code V3W 7B5
Price per Sqft -
Gross Taxes $4,733.85
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, Phone Nearby, Cable Available
Water (WaterSource) Public

Parking

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

Property Timeline

Status Date Price
R3088045 / Active 02-09-2026 $1,199,999
Listed by: Sutton Premier Realty & Sutton Premier 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.

Neighborhood & Transit Info

Public Schools

Elementary
Bear Creek Elementary School
Below Average
0.22 km
3.7/10
Secondary
Frank Hurt Secondary School
0.51 km

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

Private Schools

Elementary
G.A.D. Elementary School
Above Average
0.67 km
7.9/10
Elementary, Secondary
Regent Christian Academy
Above Average
3.75 km
8.1/10

Closest Transit

Bus Stop
Northbound King George Blvd @ 80 Ave
0.4 km
Skytrain
Skytrain @ Green Timbers Station ( Under Construction till 2029)
3.61 km

Crime Rate

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

Demographics

Post-Secondary Education
Below Average
14.4%
No Certificate/Degree
Above Average
23.2%
Owner Occupied
Average
68.2%
Employment Rate
Above Average
68.4%

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
Unlikely
Close to Cemeteries
Unlikely

Local Info

Estimated Mortgage Calculator

/month
Principal & Interest
Property Taxes $394
Maintenance fee 0
Financing 80% of the $1,199,999 asking price over 30 years at 4% results in approximately $4,977/month in total estimated carrying costs, $394 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%
This listing generates an estimated $3,707/month in rental income, leaving a -$1,423/month cashflow at current carrying costs. Investors targeting break-even would need roughly 45% down.
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 $1,199,999
Surrey Loading...
East Newton Loading...
There are currently no comparable Lands active in East Newton. The Surrey-wide average for similar 0-bedroom properties is $1,338,914 (38 listings). This home is priced 10.4% below 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 7881 138 Street, Surrey, BC?
The closest top-rated schools are Bear Creek Elementary School and Frank Hurt Secondary School.
Is 7881 138 Street, Surrey, BC in a flood zone?
Flood risk status: No.
What is the estimated monthly mortgage and strata fee for 7881 138 Street, Surrey, BC?
With a standard down payment, the estimated monthly mortgage is approximately $7,200.
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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