12841 98 Ave, Surrey, BC, MLS® R3069269

$1,199,000
Est. Mortgage /mo

NEW OPEN HOUSE 32.57% cheaper than comparables

$1,199,000
Est. Mortgage /mo
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
7 Beds
4 Baths
2 Stories
lot 8835 sqft
2425 sqft
1956 built
Show more info
Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

12841 98 Ave, Surrey, BC | MLS® R3069269 Property Details

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

Price $1,199,000
Total Bedrooms 7
Total Bathrooms 4
Half Bathrooms 0
Floor Area Total (sqft) 2425
Lot Size 8835
Lot Size Depth Feet
Lot Size Frontage 60
Basement Finished
Basement Features BasementFeatures

Property Metrics

Year Built 1956
Age Of Building 69
Building Type Single Family Residence
Property Type Residential
Stories 2
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS® # R3069269
Area North Surrey
Neighbourhood Cedar Hills
City Surrey
Gross Taxes $6,394
Ownership Type Freehold NonStrata
Maintenance Fee -
Community Features Shopping Nearby

Heating & Cooling

Fireplace 0
Heating Type Forced Air

Utilities

Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource) Public

Parking

Parking Type Open, RV Access/Parking, Front Access, Driveway
Total Parking Spaces 8

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Strata Restrictions -
Rental Restrictions -
Zoning R3
Rental Suites Other,Unauthorized Suite
# of Kitchens 3
Flooring Mixed
Foundation Concrete Perimeter
Locker -
View -
View Description -
Units In Development -
Exterior Features Balcony, Private Yard
Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Roof Asphalt, Other

Property History

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Status Date Price
Show more

Listed by: Century 21 Coastal Realty Ltd. & Century 21 Coastal Realty Ltd.

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 Info

Public Schools

Elementary
A H P Matthew Elementary School
Average
0.97 km
6/10
Secondary
Queen Elizabeth Secondary School
1.63 km

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

Private Schools

Elementary, Secondary
Khalsa School (Surrey)
1.73 km
Elementary, Secondary
Khalsa School (Surrey)
1.73 km

Closest Transit

Bus Stop
Northbound 128 St @ 98 Ave
0.12 km
Skytrain
Skytrain @ King George Stn
1.62 km

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

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

Local Info

Calculate your monthly mortgage payments

/month
Principal & Interest
Property Taxes $202
Maintenance fee 0
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Cash Flow Analysis

/month
Mortgage Payment $3201
Monthly Payment $3802
Break Even Down Payment 0%
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Price Evaluation Chart

Filter
Beds Home Types Square Feet Lot Size Year Built
This Home $1,199,000
Surrey $1,376,667
Cedar Hills $1,619,667
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
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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