10977 University Dr, Surrey BC - Single Family Residence for Sale - MLS# R3101050

$2,500,000
Est. Mortgage $11,060/mo
5 Beds
2 Baths
2238 sqft
1117 $ /sqft
1974 built
16.1% price reduction
$2,500,000
$2,980,000
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 10977 University Drive

16.1% price reduction

High-density development site in Surrey City Centre. Steps from Gateway SkyTrain. Designated High Rise Residential with 5.5 FAR as-of-right with potential for up to 7.5 FAR. Part of a 6-lot assembly with a total site area of 1.4 Acres (60,152 SF) in Metro Vancouver's fastest-growing downtown. Call now for more information.

Interior Features

Basement Finished Area (sqft) 0
Basement Features Exterior Entry
Fireplace 0
Heating Type Forced Air
# of Kitchens 2
Foundation Concrete Perimeter

Exterior Features

Exterior Features No Outdoor Area
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) 2238
Year Built 1974
Age Of Building 52
Building Type Single Family Residence
Property Type Residential
Stories 2
Ownership Type Freehold NonStrata
Utility Type Electricity Connected, Water Connected
Utility Sewer Community, Sanitary Sewer, Storm Sewer
Water (WaterSource) Public
Parking Type Other
Rental Suites Other

Lot & Land

Lot Size 10028
Lot Size Depth Feet
Lot Size Frontage 76
MLS® # R3101050
Area North Surrey
Neighbourhood Whalley
City Surrey
Postal Code V3T 3Z4
Gross Taxes $17,798.38
Zoning R3

Property Timeline

Status Date Price
R3101050 / Active 03-16-2026 $2,500,000
R3052684 / Expired 09-24-2025 $3,250,000
Rooms
Floor Type Dimensions
Above Level Living Room 17' x 17' ft
Above Level Dining Room 10' x 10' ft
Above Level Kitchen 16' x 16' ft
Above Level Bedroom 12' x 12' ft
Above Level Bedroom 11' x 11' ft
Above Level Bedroom 12' x 12' ft
Below Kitchen 14' x 14' ft
Below Living Room 13' x 13' ft
Below Bedroom 12' x 12' ft
Below Bedroom 11' x 11' ft
Bathrooms
Floor Ensuite Pieces
Above Level No #3
Below No #3

Listed by: Macdonald Commercial Real Estate Services 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.

Map & Neighbourhood

Public Schools

Elementary
K B Woodward Elementary School
Average
0.94 km
5.5/10
Secondary
Kwantlen Park Secondary School
1.18 km

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
1.51 km
9.7/10
Elementary, Secondary
Khalsa School (Surrey)
2.15 km

Closest Transit

Bus Stop
Southbound King George Blvd @ 132 St
0.23 km
Skytrain
Skytrain @ Gateway Stn
0.38 km

Crime Rate

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

Demographics

Post-Secondary Education
Below Average
18%
No Certificate/Degree
Above Average
21.2%
Owner Occupied
Average
69.7%
Employment Rate
Average
59.5%

Noise/ Power Lines

Road/Hwy Noise
Possible
Railway/Sky train Noise
Possible
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

50 / 100
Overall sell-speed score
Moderate pace expected
C
Price competition grade
Avg comparable: $2,350,000
Market conditions
Market conditions unavailable
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Possible — near transit
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
115 DOM
Listed
Whalley avg
Surrey avg

10977 University Drive has a sell-speed score of 50/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 6% above comparable active properties in Whalley. Based on these signals, EstateBlock predicts this listing is may take several weeks to attract serious offers.

Climate Risk for V3T 3Z4

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V3T 3Z4, 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 (~4.1 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 10977 University Drive

Pre-computed routes from 10977 University Dr, Surrey, BC

By transit (Skytrain)

  • Downtown Vancouver via Gateway → Waterfront
    44 min
  • Metrotown, Burnaby via Gateway → Metrotown
    26 min
  • SFU Burnaby via Gateway → Production Way
    24 min
  • Richmond Centre via Gateway → Brighouse
    69 min
  • YVR Airport via Gateway → YVR-Airport
    70 min

By car (off-peak)

  • Downtown Vancouver via HWY 1 / Grandview
    25 min
  • Metrotown, Burnaby via Lougheed Hwy
    14 min
  • SFU Burnaby via Gaglardi Way
    9 min
  • Richmond Centre via No. 3 Rd
    25 min
  • YVR Airport via Bridgeport / Sea Island
    29 min

Calculate your commute

10977 University Dr, Surrey, BC is ideally located for commuters. The property is 0.4 km from Gateway, with a 44 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Southbound King George Blvd @ 132 St (0.23 km). Walk Score Transit rating: Excellent Transit (76/100).

Walkability & Transit Near 10977 University Drive

Walk Score Badge
Car-Dependent 85

Walk Score - Very Walkable

Most errands can be accomplished on foot
Transit Score Badge
Some Transit 76

Transit Score - Excellent Transit

Transit is convenient for most trips
Bike Score Badge
Somewhat
Bikeable
67

Bike Score - Bikeable

Some bike infrastructure

BC Assessment Value — 10977 University Drive

2026 assessed value, sourced from City of Surrey open data (PID 005-228-671).
Total Assessed Value (2026)
$3,705,600
2026 Value Trend
Land
$3,696,000
Buildings
$9,600
Year Built
N/A
Class
N/A
Zoning
R3
Property Tax
N/A
Year Land Improvements Total Assessed YOY Change
2026 $3,696,000 $9,600 $3,705,600

Mortgage Calculator for 10977 University Drive

/month
Principal & Interest
Property Taxes $1,483
Maintenance fee 0
With a 20% down payment, buyers can expect an estimated $11,031/month in total housing costs on this $2,500,000 property — $9,548 mortgage payment, $1,483 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
Based on $7,255/month estimated rent and $11,256/month in total housing costs, this property has a -$4,001/month cashflow. Break-even down payment: approximately 54%.
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...

Comparable data is unavailable at the neighbourhood level. City-wide in Surrey, similar Single Family Residences average $1,514,074 across 10 active listings — this listing is 65.1% above the Surrey average. This property is flagged as a Hot Deal (16.1% price reduction) 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 10977 University Drive

Walk Score Badge
Car-Dependent 85

Walk Score - Very Walkable

Most errands can be accomplished on foot
Transit Score Badge
Some Transit 76

Transit Score - Excellent Transit

Transit is convenient for most trips
Bike Score Badge
Somewhat
Bikeable
67

Bike Score - Bikeable

Some bike infrastructure

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