10566 138th St, Surrey BC - Single Family Residence for Sale - MLS# R3024030

$2,500,000
Est. Mortgage $11,060/mo
5 Beds
2 Baths
2300 sqft
1087 $ /sqft
1953 built
$2,500,000
Est. $11,060/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

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Property Details for 10566 138th Street

Exceptional development opportunity in the heart of Surrey City Centre! This 5-bedroom, 2-bathroom home sits on a 7891 sq ft lot. Designated 6-storey land assembly area with up to 2.5 FAR potential. Just minutes from Gateway & Surrey Central SkyTrain Stations, SFU Campus, City Hall, T&T, Walmart, Central City Mall, and more. Easy access to King George Blvd, Fraser Hwy & Hwy 1. An ideal investment for future growth--perfectly positioned in a rapidly transforming urban hub!

Interior Features

Basement Finished Area (sqft) 1150
Basement Features Finished
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Fireplace 1
Heating Type Forced Air, Natural Gas
Cooling Central Air, Air Conditioning
# of Kitchens 2
Flooring Laminate, Mixed, Tile
Foundation Block

Exterior Features

Exterior Features Balcony, Private Yard
Roof Asphalt
Structures Residential Detached

Building Details

Price $2,500,000
Total Bedrooms 5
Total Bathrooms 2
Full Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 2300
Year Built 1953
Age Of Building 72
Building Type Single Family Residence
Property Type Residential
Architecture Style Rancher/Bungalow w/Bsmt.
Stories 2
Building Amenities Bike Room
Ownership Type Freehold NonStrata
Community Features Shopping Nearby
Amenities Nearby Bike Room
Utility Type Electricity Connected, Water Connected
Utility Sewer Public Sewer
Water (WaterSource) Public
Parking Type Detached, RV Access/Parking
Rental Suites Legal Suite

Lot & Land

Lot Size 7891
Lot Size Depth Feet
Lot Size Frontage 60
MLS® # R3024030
Area North Surrey
Neighbourhood Whalley
City Surrey
Postal Code V3T 4K5
Gross Taxes $7,126.49
Zoning RF

Property Timeline

Status Date Price
R3024030 / Active 07-07-2025 $2,500,000
Rooms
Floor Type Dimensions
Main Level Living Room 18'10 x 18'10 ft
Main Level Kitchen 14'9 x 14'9 ft
Main Level Primary Bedroom 14'9 x 14'9 ft
Main Level Bedroom 11'0 x 11'0 ft
Main Level Kitchen 16'0 x 16'0 ft
Basement Level Bedroom 14' x 14' ft
Basement Level Living Room 12'0 x 12'0 ft
Basement Level Bedroom 10'0 x 10'0 ft
Basement Level Bedroom 10'0 x 10'0 ft
Bathrooms
Floor Ensuite Pieces
Main Level Yes #4
Main Level No #3

Listed by: Sutton Group - Supreme Realty Corporation & eXp Realty of Canada, Inc.

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.

Map & Neighbourhood

Public Schools

Secondary
Kwantlen Park Secondary School
1.38 km
Elementary
Forsyth Road Elementary School
Below Average
0.33 km
2.6/10

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

Private Schools

Elementary
Our Lady of Good Counsel
Above Average
0.25 km
9.7/10
Secondary
Honour Secondary School
1.87 km

Closest Transit

Bus Stop
Westbound 104 Ave @ 138A St
0.36 km
Skytrain
Skytrain @ Surrey Central Stn
0.89 km

Crime Rate

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

Demographics

Post-Secondary Education
Below Average
18.9%
No Certificate/Degree
Above Average
20.9%
Owner Occupied
Above Average
79%
Employment Rate
Above Average
70.4%

Noise/ Power Lines

Road/Hwy Noise
Possible
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

Sell Speed & Competition

33 / 100
Overall sell-speed score
May take longer
D
Price competition grade
Avg comparable: $1,869,000
Market conditions
Market conditions unavailable
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 0.89 km from station
Road / Highway noise
Possible — major road nearby
Airport noise (YVR)
Unlikely
Power lines proximity
Unlikely
ALR (Agricultural Land Reserve)
No — not in ALR
How WHALLEY compares
This property
368 DOM
Listed
Whalley avg
Surrey avg

10566 138th Street has a sell-speed score of 33/100, placing it in the "May take longer than the area average to sell" band. The listing is priced 25.2% above comparable active properties in Whalley. Based on these signals, EstateBlock predicts this listing is could take longer than the area average to sell.

Climate Risk for V3T 4K5

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V3T 4K5, over the next 30 years. Projections use the 2041–2070 period (2050s) under a moderate emissions scenario (SSP2-4.5).

Flood Lower Risk

Outside of designated flood hazard zones. Under 10% of buildings in this area have flood risk over the next 30 years.

Fire Low

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.

Air Quality B / Good

Annual avg PM2.5 5.2 µg/m³ — meets Canada's CAAQS (BC ENV 2024). Nearest station: New Westminster Sapperton Park, New Westminster (~5.4 km). Annual avg AQHI 0 — Low Risk.

Heat Moderate

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.

Precipitation Increasing

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.

Drought Stable

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.

Nearby Restaurants, Cafes & Shops

Schools NearBy

School Type Grades Served Catchment Info Rating Distance
Schools Near 10566 138th Street

Pre-computed routes from 10566 138th St, Surrey, BC

By transit (Skytrain)

  • Downtown Vancouver via Surrey Central → Waterfront
    52 min
  • Metrotown, Burnaby via Surrey Central → Metrotown
    34 min
  • SFU Burnaby via Surrey Central → Production Way
    32 min
  • Richmond Centre via Surrey Central → Brighouse
    77 min
  • YVR Airport via Surrey Central → YVR-Airport
    78 min

By car (off-peak)

  • Downtown Vancouver via HWY 1 / Grandview
    27 min
  • Metrotown, Burnaby via Lougheed Hwy
    15 min
  • SFU Burnaby via Gaglardi Way
    10 min
  • Richmond Centre via No. 3 Rd
    26 min
  • YVR Airport via Bridgeport / Sea Island
    30 min

Calculate your commute

10566 138th St, Surrey, BC is ideally located for commuters. The property is 0.9 km from Surrey Central, with a 52 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Westbound 104 Ave @ 138A St (0.36 km). Walk Score Transit rating: Excellent Transit (82/100).

Walkability & Transit Near 10566 138th Street

Walk Score Badge
Car-Dependent 85

Walk Score - Very Walkable

Most errands can be accomplished on foot
Transit Score Badge
Some Transit 82

Transit Score - Excellent Transit

Transit is convenient for most trips
Bike Score Badge
Somewhat
Bikeable
80

Bike Score - Very Bikeable

Biking is convenient for most trips

BC Assessment Value — 10566 138th Street

2026 assessed value, sourced from City of Surrey open data (PID 000-929-859).
Total Assessed Value (2026)
$1,667,000
2026 Value Trend
Land
$1,657,000
Buildings
$10,000
Year Built
N/A
Class
N/A
Zoning
R3
Property Tax
N/A
Year Land Improvements Total Assessed YOY Change
2026 $1,657,000 $10,000 $1,667,000

Mortgage Calculator for 10566 138th Street

/month
Principal & Interest
Property Taxes $594
Maintenance fee 0
Based on a 30-year fixed at 4% interest with 20% down ($500,000), the estimated monthly payment for this listing is $10,142/month — $9,548 principal & interest, $594 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:

Investment Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
Cap Rate
Cash on Cash
At an estimated rental income of $7,255/month, this property runs a $3,112/month shortfall after mortgage and carrying costs. Break-even requires approximately 47% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Price vs Neighbourhood Average — Whalley, Surrey

Beds Home Types Square Feet Lot Size Year Built
This Home $2,500,000
Surrey Loading...
Whalley Loading...

Based on 4 comparable active Single Family Residences in Whalley, the average asking price is $1,656,483. This listing is priced 50.9% above the neighbourhood average.

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 Agent & Brokerage

Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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Walkability & Transit Near 10566 138th Street

Walk Score Badge
Car-Dependent 85

Walk Score - Very Walkable

Most errands can be accomplished on foot
Transit Score Badge
Some Transit 82

Transit Score - Excellent Transit

Transit is convenient for most trips
Bike Score Badge
Somewhat
Bikeable
80

Bike Score - Very Bikeable

Biking is convenient for most trips

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