NEW 58.3% cheaper than comparables

11031 131a St, Surrey, BC

$1,199,900
Est. Mortgage /mo

MLS® R3095350

4 Beds
2 Baths
1788 sqft
671 $ /sqft
1955 Built
$1,199,900
Est. /mo with 20% down
$671/sqft · Tax $5,194/2025
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

Property Details & Specs

58.3% cheaper than comparables

Spacious 7,920 sq. ft. lot brimming with opportunity! Just 710 ft. from Gateway SkyTrain station and within the Transit-Oriented Development zone, this property offers flexibility—live in, rent out, or redevelop into your dream home or a profitable small multi-family project. With a frontage of over 60 ft. and a west-facing backyard, it’s ideal for building now. Nestled on a quiet, family-friendly street, you’re steps from convenience yet tucked away from the bustle. Minutes to Surrey Central’s rapid growth, shopping, and transit connections in every direction.

General Info

Price $1,199,900
Total Bedrooms 4
Total Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 1788
Lot Size 7920
Lot Size Depth Feet
Lot Size Frontage 60.53
Basement Finished
Basement Features -

Property Metrics

Year Built 1955
Age Of Building 71
Building Type Single Family Residence
Property Type Residential
Architecture Style Rancher/Bungalow
Stories 2
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Building Features -
Structures Residential Detached

Additional Details

MLS® # R3095350
Building Name -
Area North Surrey
Neighbourhood Whalley
City Surrey
Postal Code V3T 3S1
Price per Sqft $671
Gross Taxes $5,193.85
Ownership Type Freehold NonStrata
Maintenance Fee -

Heating & Cooling

Fireplace -
Heating Type Forced Air, Natural Gas

Utilities

Utility Type Community, Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Community, Sanitary Sewer
Water (WaterSource) Public

Parking

Parking Type Additional Parking, Detached, Front Access, Asphalt
Total Parking Spaces 6
Listed by: Engel & Volkers Vancouver (Branch)

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.

Neighborhood & Transit Info

Public Schools

Elementary
K B Woodward Elementary School
Average
0.92 km
5.5/10
Secondary
Kwantlen Park Secondary School
1.22 km

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

Private Schools

Elementary, Secondary
Khalsa School (Surrey)
1.82 km
Elementary, Secondary
Khalsa School (Surrey)
1.82 km

Closest Transit

Bus Stop
Southbound King George Blvd @ 132 St
0.34 km
Skytrain
Skytrain @ Gateway Stn
0.73 km

Crime Rate

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

Demographics

Post-Secondary Education
Below Average
15.4%
No Certificate/Degree
Above Average
25.1%
Owner Occupied
Average
69%
Employment Rate
Above Average
73.9%

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

Local Info

Estimated Mortgage Calculator

/month
Principal & Interest
Property Taxes $433
Maintenance fee 0
Financing 80% of the $1,199,900 asking price over 30 years at 4% results in approximately $5,016/month in total estimated carrying costs, $433 property tax.
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.
Listing data last synced:

Estimated Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
This listing generates an estimated $3,707/month in rental income, leaving a -$1,462/month cashflow at current carrying costs. Investors targeting break-even would need roughly 46% down.
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Home Price Evaluation Chart

Beds Home Types Square Feet Lot Size Year Built
This Home $1,199,900
Surrey Loading...
Whalley Loading...
2 comparable Single Family Residences are currently active in Whalley, with a median asking price of $1,199,967. This property is listed 0% below the local average and 0% above the Surrey average. This property is flagged as a Hot Deal (58.3% cheaper than comparables) 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

Property FAQs

What are the closest top-rated schools to 11031 131a Street, Surrey, BC?

Is 11031 131a Street, Surrey, BC in a flood zone?

What is the estimated monthly mortgage and strata fee for 11031 131a Street, Surrey, BC?

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

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