10618 137a St, Surrey BC - Single Family Residence for Sale - MLS# R3130582

$2,750,000
Est. Mortgage $12,166/mo
3 Beds
2 Baths
1182 sqft
2327 $ /sqft
1954 built
Below Assessment Value
$2,750,000
$1,799,000
Est. $12,166/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 10618 137a Street

Below Assessment Value

Exceptional redevelopment opportunity in Surrey City Centre! Prime 9,045 sq.ft. lot (75.60’ × 120’) ideally located within the TOA Core Area, benefiting from an allowable density of 3.0 FAR, offering a significant advantage over many surrounding properties and maximizing future redevelopment potential. Strategically positioned just minutes from Gateway SkyTrain Station, SFU Surrey Campus, City Hall, shopping, schools and major transportation routes. Surrounded by ongoing high-density redevelopment, including a 6-storey condominium directly across the street, making this property a key opportunity for future land assembly. Value is primarily in the land. Tenant occupied with holding income. Priced below BC Assessment. A rare opportunity for developers, builders. Call today.

Interior Features

Basement Finished Area (sqft) 0
Basement Features None
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Heating Type Forced Air
# of Kitchens 1
Flooring Laminate
Foundation Concrete Perimeter

Exterior Features

Roof Asphalt
Structures Residential Detached

Building Details

Price $2,750,000
Total Bedrooms 3
Total Bathrooms 2
Full Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 1182
Year Built 1954
Age Of Building 72
Building Type Single Family Residence
Property Type Residential
Stories 1
Ownership Type Freehold NonStrata
Community Features Shopping Nearby
Utility Type Community, Electricity Connected, Natural Gas Connected
Utility Sewer Public Sewer, Sanitary Sewer
Water (WaterSource) Public
Parking Type Garage Single, Front Access, Asphalt, Gravel
Total Parking Spaces 4
Rental Suites None

Lot & Land

Lot Size 9045
Lot Size Depth Feet
Lot Size Frontage 75.6
MLS® # R3130582
Area North Surrey
Neighbourhood Whalley
City Surrey
Postal Code V3T 4J6
Gross Taxes $7,277.62
Zoning RF

Property Timeline

Status Date Price
R3130582 / Active 06-01-2026 $2,750,000
R3044390 / Expired 09-05-2025 $1,999,999
R3007380 / Expired 05-26-2025 $2,399,900
R2952110 / Expired 01-02-2025 $2,499,900
R2706914 / Expired 07-06-2022 $2,799,900
Rooms
Floor Type Dimensions
Main Level Living Room 16' x 16' ft
Main Level Dining Room 11' x 11' ft
Main Level Kitchen 11'1 x 11'1 ft
Main Level Primary Bedroom 13' x 13' ft
Main Level Bedroom 11' x 11' ft
Main Level Bedroom 11' x 11' ft
Main Level Utility 9' x 9' ft
Main Level Storage 14' x 14' ft
Bathrooms
Floor Ensuite Pieces
Main Level No #4
Main Level No #4

Listed by: Dracco Pacific Realty & Dracco Pacific Realty

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

Elementary
Forsyth Road Elementary School
Below Average
0.35 km
3.3/10
Secondary
Kwantlen Park Secondary School
Average
1.29 km
5.7/10

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
0.39 km
8.5/10
Secondary
Honour Secondary School
1.96 km

Closest Transit

Bus Stop
Northbound King George Blvd @ 105A Ave
0.33 km
Skytrain
Skytrain @ Gateway Stn
0.82 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

36 / 100
Overall sell-speed score
May take longer
D
Price competition grade
Avg comparable: $1,500,125
Market conditions
Market conditions unavailable
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 0.82 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
39 DOM
Listed
Whalley avg
Surrey avg

10618 137a Street has a sell-speed score of 36/100, placing it in the "May take longer than the area average to sell" band. The listing is priced 45.5% 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 4J6

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V3T 4J6, 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 (~5.2 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 10618 137a Street

Pre-computed routes from 10618 137a St, Surrey, BC

By transit (Skytrain)

  • Downtown Vancouver via Gateway → Waterfront
    49 min
  • Metrotown, Burnaby via Gateway → Metrotown
    31 min
  • SFU Burnaby via Gateway → Production Way
    29 min
  • Richmond Centre via Gateway → Brighouse
    74 min
  • YVR Airport via Gateway → YVR-Airport
    75 min

By car (off-peak)

  • Downtown Vancouver via HWY 1 / Grandview
    26 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

10618 137a St, Surrey, BC is ideally located for commuters. The property is 0.8 km from Gateway, with a 49 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Northbound King George Blvd @ 105A Ave (0.33 km). Walk Score Transit rating: Excellent Transit (84/100).

Walkability & Transit Near 10618 137a Street

Walk Score Badge
Car-Dependent 88

Walk Score - Very Walkable

Most errands can be accomplished on foot
Transit Score Badge
Some Transit 84

Transit Score - Excellent Transit

Transit is convenient for most trips
Bike Score Badge
Somewhat
Bikeable
0

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

BC Assessment Value — 10618 137a Street

2026 assessed value, sourced from City of Surrey open data (PID 004-192-958).
Total Assessed Value (2026)
$1,942,000
2026 Value Trend
Land
$1,932,000
Buildings
$10,000
Year Built
N/A
Class
N/A
Zoning
R3
Property Tax
N/A
Year Land Improvements Total Assessed YOY Change
2026 $1,932,000 $10,000 $1,942,000

Mortgage Calculator for 10618 137a Street

/month
Principal & Interest
Property Taxes $606
Maintenance fee 0
A 20% down payment of $550,000 on this $2,750,000 listing yields an estimated mortgage of $10,503/month (30-year fixed, 4%). Total estimated housing cost: $11,109/month, $606 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
With $6,457/month in estimated rental income against $11,338/month in mortgage payments, the monthly cashflow is -$4,881/month. A 58% down payment would reach break-even.
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 $2,750,000
Surrey Loading...
Whalley Loading...

Based on 3 comparable active Single Family Residences in Whalley, the average asking price is $2,333,333. This listing is priced 17.9% above the neighbourhood average. This property is flagged as a Hot Deal (Below Assessment Value) based on its competitive pricing and market demand.

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 10618 137a Street

Walk Score Badge
Car-Dependent 88

Walk Score - Very Walkable

Most errands can be accomplished on foot
Transit Score Badge
Some Transit 84

Transit Score - Excellent Transit

Transit is convenient for most trips
Bike Score Badge
Somewhat
Bikeable
0

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

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