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Exceptional development opportunity in the heart of Surrey City Centre! This 2-bedroom, 1-bathroom home sits on a 7888 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!
| Basement Finished Area (sqft) | 0 |
|---|---|
| Basement Features | None |
| Appliances Included | Washer/Dryer, Dishwasher, Refrigerator, Stove |
| Heating Type | Electric |
| # of Kitchens | 1 |
| Foundation | Concrete Perimeter |
| Exterior Features | Private Yard |
|---|---|
| Roof | Asphalt |
| Structures | Residential Detached |
| Price | $2,500,000 |
|---|---|
| Total Bedrooms | 2 |
| Total Bathrooms | 1 |
| Full Bathrooms | 1 |
| Half Bathrooms | 0 |
| Floor Area Total (sqft) | 848 |
| Year Built | 1951 |
| Age Of Building | 74 |
| Building Type | Single Family Residence |
| Property Type | Residential |
| Architecture Style | Rancher/Bungalow |
| Stories | 1 |
| Building Name | Surrey Central |
| Ownership Type | Freehold NonStrata |
| Community Features | Shopping Nearby |
| Utility Type | Electricity Connected, Natural Gas Connected, Water Connected |
| Utility Sewer | Public Sewer, Sanitary Sewer, Storm Sewer |
| Water (WaterSource) | Public |
| Parking Type | Open, RV Access/Parking, Guest, Front Access |
| Total Parking Spaces | 3 |
| Rental Suites | None |
| Lot Size | 7888 |
|---|---|
| Lot Size Depth | Feet |
| Lot Size Frontage | 60.5 |
| MLS® # | R3024023 |
| Area | North Surrey |
| Neighbourhood | Whalley |
| City | Surrey |
| Postal Code | V3T 4K5 |
| Gross Taxes | $5,948.06 |
| Zoning | RF |
| Floor | Type | Dimensions |
|---|---|---|
| Main Level | Living Room | 11' x 11' ft |
| Main Level | Kitchen | 8' x 8' ft |
| Main Level | Eating Area | 6' x 6' ft |
| Main Level | Bedroom | 11' x 11' ft |
| Main Level | Bedroom | 12' x 12' ft |
| Floor | Ensuite | Pieces |
|---|---|---|
| Main Level | Yes | #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.
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
10612 138 Street has a sell-speed score of 30/100, placing it in the "May take longer than the area average to sell" band. The listing is priced 30% above comparable active properties in Whalley. Based on these signals, EstateBlock predicts this listing is could take longer than the area average to sell.
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).
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 5.2 µg/m³ — meets Canada's CAAQS (BC ENV 2024). Nearest station: New Westminster Sapperton Park, New Westminster (~5.3 km). Annual avg AQHI 0 — 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
10612 138 St, Surrey, BC is ideally located for commuters. The property is 0.9 km from Gateway, with a 50 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Eastbound 108 Ave @ 138 St (0.32 km). Walk Score Transit rating: Excellent Transit (82/100).
Based on 3 comparable active Single Family Residences in Whalley, the average asking price is $1,516,267. This listing is priced 64.9% above the neighbourhood average.
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