Welcome to Cedar Hills! This full up/down duplex sits on a massive 10,000+ sf. lot with convenient back lane access, offering an outstanding investment and redevelopment opportunity. Currently generating approx. $6,000 pm from multiple rental streams, this property provides strong holding income while you plan for the future. Located in the highly desirable Cedar Hills neighbourhood, this property falls within the R3 zoning designation, allowing for a variety of housing options including duplexes, triplexes, 4plexes, and configurations of up to 6 dwelling units (buyer to verify with the City of Surrey). Whether you're an investor, builder, or developer, this is a rare chance to secure a prime property with excellent cash flow and significant redevelopment potential.
| Basement Finished Area (sqft) | 0 |
|---|---|
| Basement Features | Full |
| Appliances Included | Washer, Dryer, Refrigerator, Stove |
| Heating Type | Forced Air |
| # of Kitchens | 3 |
| Foundation | Concrete Perimeter |
| Roof | Asphalt |
|---|---|
| Structures | Multi Family |
| Price | $1,749,000 |
|---|---|
| Total Bedrooms | 6 |
| Total Bathrooms | 4 |
| Full Bathrooms | 3 |
| Half Bathrooms | 1 |
| Floor Area Total (sqft) | 2652 |
| Year Built | 1970 |
| Age Of Building | 56 |
| Building Type | Duplex |
| Property Type | Residential Income |
| Stories | 2 |
| Building Name | Surrey Central |
| Ownership Type | Freehold NonStrata |
| Community Features | Shopping Nearby |
| Utility Type | Electricity Connected |
| Utility Sewer | Public Sewer |
| Water (WaterSource) | Public |
| Parking Type | Other |
| Total Parking Spaces | 10 |
| Rental Suites | Unauthorized Suite |
| Lot Size | 10290 |
|---|---|
| Lot Size Depth | Feet |
| Lot Size Frontage | 70 |
| MLS® # | R3111022 |
| Area | North Surrey |
| Neighbourhood | Cedar Hills |
| City | Surrey |
| Postal Code | V5N 5K7 |
| Gross Taxes | $6,131.87 |
| Zoning | MULTI |
| Floor | Type | Dimensions |
|---|---|---|
| Main Level | Living Room | 16' x 16' ft |
| Main Level | Kitchen | 19' x 19' ft |
| Main Level | Dining Room | 11' x 11' ft |
| Main Level | Primary Bedroom | 13'5 x 13'5 ft |
| Main Level | Bedroom | 12' x 12' ft |
| Main Level | Bedroom | 11' x 11' ft |
| Below | Kitchen | 10' x 10' ft |
| Below | Living Room | 11' x 11' ft |
| Below | Bedroom | 12' x 12' ft |
| Below | Bedroom | 11' x 11' ft |
| Main Level | Kitchen | 19' x 19' ft |
| Main Level | Living Room | 15' x 15' ft |
| Main Level | Bedroom | 12' x 12' ft |
| Floor | Ensuite | Pieces |
|---|---|---|
| Main Level | No | #4 |
| Below | No | #3 |
Listed by: Skystreet Real Estate Marketing
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
10038 10040 128 Street has a sell-speed score of 48/100, placing it in the "Expected to sell at a moderate pace" band. The listing is has limited comparable pricing data available. Based on these signals, EstateBlock predicts this listing is may take several weeks to attract serious offers.
Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V5N 5K7, over the next 30 years. Projections use the 2041–2070 period (2050s) under a moderate emissions scenario (SSP2-4.5).
Outside of designated flood hazard zones. Under 10% of buildings in this area have flood risk over the next 30 years.
Located within the "Vancouver" WUI zone (Risk Class 5 — Low). Based on BC Wildfire Service provincial WUI Risk Class mapping; not a site-specific assessment.
Annual avg PM2.5 4.5 µg/m³ — meets WHO 2021 guideline (BC ENV 2024). Nearest station: North Delta, Delta (~3.9 km). Annual avg AQHI 2.1 — Low Risk.
Surrey currently sees ~1 days above 30 °C per year (1981–2010 baseline), projected to rise to ~8 by the 2050s (SSP2-4.5 moderate emissions). Hottest day of the year: ~30 °C baseline, ~32.5 °C projected. Tropical nights (>18 °C): ~0 baseline, ~3 projected.
Annual precipitation ~1516 mm (1981–2010 baseline), projected ~1574 mm by the 2050s. Extreme 1-day rainfall: ~51.5 mm baseline, ~57.1 mm projected. Values vary modestly across the Lower Mainland.
Longest annual dry spell (consecutive dry days): ~23 days baseline, ~24 days projected for the 2050s. CDD is used as a regional drought proxy; drought risk varies modestly across the Lower Mainland.
| School | Type | Grades Served | Catchment Info | Rating | Distance |
|---|---|---|---|---|---|
Calculate your commute
10038 10040 128 St, Surrey, BC is ideally located for commuters. The property is 1.5 km from Surrey Central, with a 59 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Northbound 128 St @ 100 Ave (0.06 km). Walk Score Transit rating: Good Transit (55/100).
| Year | Land | Improvements | Total Assessed | YOY Change |
|---|---|---|---|---|
| 2026 | $1,197,000 | $273,000 | $1,470,000 | — |
No active comparable properties are currently available for this property type in Surrey. The price evaluation chart will update as similar listings enter the market.
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