NEW OPEN HOUSE 32.57% cheaper than comparables
Investors/builders - ALERT!!! House on 8,835 sqft lot in a prime Surrey location with huge development potential—ideal for a 4-PLEX or 6-PLEX (verify with City of Surrey). The existing home includes 3 beds/2 baths upstairs, plus (3+1)-bed suites with an additional room perfect for an office or extra rental space downstairs. Property is located in a high walk score and high transit score area, with frequent bus service nearby. Perfect opportunity for investors or developers looking for strong holding income and future redevelopment upside.Very good location close to school, shopping and transportation. Call today to book a showing! ***Potential to generate up to $6,500/month in rental income***
Open houses
29 Nov, 2025 (02:00 PM to 04:00 PM)
30 Nov, 2025 (02:00 PM to 04:00 PM)
General Info
Property Metrics
Additional Details
Heating & Cooling
Utilities
Parking
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Property History
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| Status | Date | Price |
|---|
Rooms
| Floor | Type | Dimensions |
|---|---|---|
| Main Level | Living Room | 9'10 x 9'10 ft |
| Main Level | Dining Room | 8'8 x 8'8 ft |
| Main Level | Kitchen | 9'8 x 9'8 ft |
| Main Level | Primary Bedroom | 11'9 x 11'9 ft |
| Main Level | Bedroom | 8'3 x 8'3 ft |
| Main Level | Bedroom | 11'5 x 11'5 ft |
| Main Level | Laundry | 6'11 x 6'11 ft |
| Main Level | Patio | 4'11 x 4'11 ft |
| Basement Level | Living Room | 14'8 x 14'8 ft |
| Basement Level | Kitchen | 9'4 x 9'4 ft |
| Basement Level | Bedroom | 12'8 x 12'8 ft |
| Basement Level | Laundry | 0'0 x 0'0 ft |
| Basement Level | Living Room | 6'1 x 6'1 ft |
| Basement Level | Kitchen | 9'11 x 9'11 ft |
| Basement Level | Bedroom | 14'6 x 14'6 ft |
| Basement Level | Bedroom | 8'3 x 8'3 ft |
| Basement Level | Bedroom | 12'6 x 12'6 ft |
| Basement Level | Office | 10'1 x 10'1 ft |
| Basement Level | Laundry | 8'7 x 8'7 ft |
Bathrooms
| Floor | Ensuite | Pieces |
|---|---|---|
| Main Level | No | #3 |
| Main Level | No | #3 |
| Basement | No | #3 |
| Basement | No | #3 |
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
Noise/ Power Lines
Other
Welcome to the charming neighborhood of 12841 98 Avenue, Surrey, BC, where you'll find the perfect blend of tranquility and convenience.
As we stroll through this lovely community, we'll explore the excellent schools, low crime rate, and diverse demographics that make this area an ideal place to call home.
Education
Families love this area because of the top-notch schools. The property at 12841 98 Avenue is conveniently located near A H P Matthew Elementary School, with a rating of 6/10, just 0.97 km away. This school is a great option for families seeking a well-rounded education. Additionally, Queen Elizabeth Secondary School, with a rating of No Rating, is just 1.63 km from the property. For those seeking alternative education options, Khalsa School (Surrey), an independent elementary school with No Rating, is 1.73 km away. Its secondary counterpart is also located nearby.
Crime
According to Statistics Canada's 2020 report, this neighborhood has an average crime rate of 7,512.73, which is comparable to other Canadian cities. The year-over-year change in the total crime rate is a positive -12.05%. This means that the community is working hard to maintain a safe environment for residents. Specifically, the drug crime rate is above average, with a rating of 390.7, and there were 2,339 illegal substances lawbreaking disturbances in 2020. However, the property crime rate is average, with a rating of 3,746.17, and there were 22,427 property misconduct incidents in 2020. The violent crime rate is below average, with a rating of 1,310.25, and there were 7,844 violent lawbreaking disorders in 2020.
Demographics
The neighborhood surrounding 12841 98 Avenue, Surrey, BC, is a diverse and vibrant community. Approximately 15.7% of residents hold a university certificate or degree, which is average compared to other BC neighborhoods. Conversely, 24.3% of the population has no certificate or degree, which is above average. The median household income in this area is $71,680, which is average compared to the British Columbia average. Additionally, the median personal income is $24,944, which is low compared to the BC average. However, 71.6% of households in this area have a mortgage, which is high.
Transit
Convenience is key in this neighborhood, with the Northbound 128 St @ 98 Ave bus station just 0.12 km away from the property with MLS® R3069269.
Lifestyle Amenities
This community offers a wide range of lifestyle amenities, including parks, beaches, trails, dog parks, shopping malls, grocery stores, restaurants, and coffee shops. The property at 12841 98 Avenue is surrounded by these amenities, making it an ideal place to live, work, and play.
Real Estate Context
The average value of dwellings in this neighborhood is $760,554, which is high compared to other areas in British Columbia. The average owner payments are also high, with homeowners spending $1,671 on average for their dwellings. Tenants, on the other hand, pay $1,015 on average for their rentals. Interestingly, 41% of the population in this area are renters, which is above average compared to other BC cities.
Population and Housing
The population density per square kilometer in this community is 4,259.4, which is high. The average family size in this area is 3.2, which is high compared to the whole region. A significant percentage of families with children live in this neighborhood, with 74% of families having children. The average age of the population is 37.4, which is low compared to other BC cities.
Unemployment and Income
The unemployment rate in this area is 5.6%, which is low compared to other province neighborhoods. The median household income is $71,680, which is average compared to the BC average.
Language and Transportation
The language spoken in this community is predominantly English, with 87.4% of residents speaking only English. However, 9% of the population speaks neither English nor French, which is high compared to other BC cities. The majority of residents use cars to commute, with 73.1% of the population using cars. Conversely, 23% of the population uses public transport, which is above average.
Experience the Best of Surrey at 12841 98 Avenue, MLS® R3069269
Don't miss out on this incredible opportunity to own a piece of Surrey's vibrant community. With its excellent schools, low crime rate, and diverse demographics, this property is a dream come true for anyone seeking a convenient and
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