11037 131 St, Surrey BC - Single Family Residence for Sale - MLS# R3115665

$999,999
Est. Mortgage $4,424/mo
6 Beds
1 Baths
2404 sqft
416 $ /sqft
1955 built
Motivated Sellers, 162.75% cheaper than comparables
$999,999
Est. $4,424/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

Photos

Property Details for 11037 131 Street

Motivated Sellers 162.75% cheaper than comparables

Calling all investors & savvy buyers—don’t miss this rare opportunity in Surrey! Detached 6-bed, 1-bath rancher with full basement offering approx. 2,400 sq ft of living space on a massive 10,588 sq ft lot. Prime location—walk to parks, shops, dining & transit with quick freeway access. Endless potential: renovate, rent, or build your dream home. Priced to attract serious interest—motivated sellers! This is your chance to unlock the true value of this property. Act fast and book your showing today!

Interior Features

Basement Finished Area (sqft) 0
Basement Features Finished
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Fireplace 1
Heating Type Forced Air, Natural Gas
# of Kitchens 1
Flooring Hardwood, Laminate, Tile
Foundation Concrete Perimeter

Exterior Features

Roof Asphalt
Structures Residential Detached

Building Details

Price $999,999
Total Bedrooms 6
Total Bathrooms 1
Full Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 2404
Year Built 1955
Age Of Building 71
Building Type Single Family Residence
Property Type Residential
Architecture Style Rancher/Bungalow w/Bsmt.
Stories 2
Ownership Type Freehold NonStrata
Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer
Water (WaterSource) Public
Parking Type Open, Front Access
Total Parking Spaces 4

Lot & Land

Lot Size 10588
Lot Size Depth Feet
Lot Size Frontage 0
MLS® # R3115665
Area North Surrey
Neighbourhood Whalley
City Surrey
Postal Code V3T 3P8
Gross Taxes $5,441.55
Zoning RF

Property Timeline

Status Date Price
R3115665 / Active 04-23-2026 $999,999
R3100993 / Terminated 03-16-2026 $1,299,000
R3018139 / Expired 06-19-2025 $1,650,000
R2942630 / Expired 11-06-2024 $1,999,000
Rooms
Floor Type Dimensions
Main Level Living Room 20'10 x 20'10 ft
Main Level Dining Room 10'6 x 10'6 ft
Main Level Foyer 4'9 x 4'9 ft
Main Level Kitchen 16'3 x 16'3 ft
Main Level Bedroom 11'7 x 11'7 ft
Main Level Bedroom 10'6 x 10'6 ft
Basement Level Bedroom 11'3 x 11'3 ft
Basement Level Bedroom 20'5 x 20'5 ft
Basement Level Bedroom 11'6 x 11'6 ft
Basement Level Bedroom 9'3 x 9'3 ft
Basement Level Family Room 20'10 x 20'10 ft
Bathrooms
Floor Ensuite Pieces
Main Level No #4

Listed by: Team 3000 Realty Ltd. & Team 3000 Realty 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
0.92 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)
1.74 km
Elementary, Secondary
Khalsa School (Surrey)
1.74 km

Closest Transit

Bus Stop
Southbound King George Blvd @ 132 St
0.44 km
Skytrain
Skytrain @ Gateway Stn
0.81 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

Sell Speed & Competition

72 / 100
Overall sell-speed score
Likely within weeks
A+
Price competition grade
Avg comparable: $2,627,497
Market conditions
Market conditions unavailable
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 0.81 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
77 DOM
Listed
Whalley avg
Surrey avg

11037 131 Street has a sell-speed score of 72/100, placing it in the "Expected to sell within weeks" band. The listing is priced 162.8% below comparable active properties in Whalley, which is a strong competitive signal. Based on these signals, EstateBlock predicts this listing is likely to sell within a few weeks.

Climate Risk for V3T 3P8

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V3T 3P8, 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 (~3.6 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 11037 131 Street

Pre-computed routes from 11037 131 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
    25 min
  • Metrotown, Burnaby via Lougheed Hwy
    13 min
  • SFU Burnaby via Gaglardi Way
    8 min
  • Richmond Centre via No. 3 Rd
    25 min
  • YVR Airport via Bridgeport / Sea Island
    28 min

Calculate your commute

11037 131 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 Southbound King George Blvd @ 132 St (0.44 km). Walk Score Transit rating: Excellent Transit (71/100).

Walkability & Transit Near 11037 131 Street

Walk Score Badge
Car-Dependent 65

Walk Score - Somewhat Walkable

Some errands can be accomplished on foot
Transit Score Badge
Some Transit 71

Transit Score - Excellent Transit

Transit is convenient for most trips
Bike Score Badge
Somewhat
Bikeable
59

Bike Score - Bikeable

Some bike infrastructure

BC Assessment Value — 11037 131 Street

2026 assessed value, sourced from City of Surrey open data (PID 011-451-556).
Total Assessed Value (2026)
$1,356,600
2026 Value Trend
Land
$1,328,000
Buildings
$28,600
Year Built
N/A
Class
N/A
Zoning
R3
Property Tax
N/A
Year Land Improvements Total Assessed YOY Change
2026 $1,328,000 $28,600 $1,356,600

Mortgage Calculator for 11037 131 Street

/month
Principal & Interest
Property Taxes $453
Maintenance fee 0
Financing 80% of the $999,999 asking price over 30 years at 4% results in approximately $4,272/month in total estimated carrying costs, $453 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
This listing generates an estimated $3,522/month in rental income, leaving a -$916/month cashflow at current carrying costs. Investors targeting break-even would need roughly 40% 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 $999,999
Surrey Loading...
Whalley Loading...

Based on 2 comparable active Single Family Residences in Whalley, the average asking price is $1,499,999. This listing is priced 33.3% below the neighbourhood average. This property is flagged as a Hot Deal (Motivated Sellers, 162.75% 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

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 11037 131 Street

Walk Score Badge
Car-Dependent 65

Walk Score - Somewhat Walkable

Some errands can be accomplished on foot
Transit Score Badge
Some Transit 71

Transit Score - Excellent Transit

Transit is convenient for most trips
Bike Score Badge
Somewhat
Bikeable
59

Bike Score - Bikeable

Some bike infrastructure

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