Don't miss this rare opportunity for residential development in the highly sought-after Bolivar Heights! This expansive bare land, spanning 6548 sqft, holds tremendous potential for your dream home. Located on a serene and quiet street, this level lot provides the perfect foundation to bring your vision to life. All services are readily available, ensuring a seamless building process. Imagine creating a beautiful custom residence in this desirable neighborhood. Enjoy the convenience of nearby parks, schools, recreational facilities, shopping centers, and excellent transit options. With easy access to highways, commuting is a breeze, ensuring a seamless connection to all amenities. Seize this central location and contact us now to embark on your journey towards building your dream home!
| View Description | potential water and mountain |
|---|---|
| Structures | Land Only |
| Price | $1,045,000 |
|---|---|
| Property Type | Land |
| Ownership Type | Freehold NonStrata |
| Community Features | Near Shopping |
| Utility Type | Sanitary Sewer Available, Storm Sewer Available, Electricity Available, Natural Gas Available, Phone Nearby, Cable Available |
| Water (WaterSource) | Public |
| Lot Size | 6548 |
|---|---|
| Lot Size Depth | Feet |
| Lot Size Frontage | 56 |
| MLS® # | R3090432 |
| Area | North Surrey |
| Neighbourhood | Bolivar Heights |
| City | Surrey |
| Postal Code | V3R 5T1 |
| Gross Taxes | 0 |
| Zoning | RF |
Listed by: Royal Pacific Realty Corp.
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
11200 Wallace Drive has a sell-speed score of 41/100, placing it in the "May take longer than the area average to sell" band. The listing is priced 11.5% above comparable active properties in Bolivar Heights. 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 V3R 5T1, 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 4.1 µg/m³ — meets WHO 2021 guideline (BC ENV 2024). Nearest station: Port Moody Rocky Point Park, Port Moody (~8.7 km). Annual avg AQHI 1.8 — 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
11200 Wallace Dr, Surrey, BC is ideally located for commuters. The property is 2.8 km from Gateway, with a 73 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Northbound Wallace Dr @ Ellendale Dr (0.08 km). Walk Score Transit rating: Some Transit (38/100).
| Year | Land | Improvements | Total Assessed | YOY Change |
|---|---|---|---|---|
| 2026 | $1,035,000 | $0 | $1,035,000 | — |
Based on 4 comparable active properties in Bolivar Heights, the average asking price is $900,000. This listing is priced 16.1% above the neighbourhood average.
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