11221 162 St, Surrey BC - Land for Sale - MLS# R3140128

$1,760,000
Est. Mortgage $7,786/mo
0 sqft
$1,760,000
Est. $7,786/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 11221 162 Street

Rare Development Opportunity in Fraser Heights! Create your ultimate estate on this expansive 14,898 sq. ft. vacant corner lot. Situated in one of North Surrey's most prestigious and family-friendly neighborhoods, this premium property offers the perfect canvas for a custom luxury home. Enjoy a quiet, tree-lined setting without sacrificing convenience, you are minutes away from top-tier schools (Fraser Heights Secondary & Pacific Academy), pristine local parks, Guildford Town Centre, and quick commuter access to Highway 1. Exceptional lot dimensions, unbeatable location. Don't miss out call today for details!

Exterior Features

Structures Land Only

Building Details

Price $1,760,000
Property Type Land
Ownership Type Freehold NonStrata
Utility Type Sanitary Sewer At Lot Line, Storm Sewer At Lot Line, Electricity Available, Natural Gas Available, Phone Nearby, Cable Available
Water (WaterSource) Public

Lot & Land

Lot Size 14898
Lot Size Depth Metres
Lot Size Frontage 110.4331
MLS® # R3140128
Area North Surrey
Neighbourhood Fraser Heights
City Surrey
Postal Code V4N 4P6
Gross Taxes $5,632.16
Zoning RES

Property Timeline

Status Date Price
R3140128 / Active 06-24-2026 $1,760,000
R3052484 / Expired 09-23-2025 $1,999,000
R2969201 / Terminated 02-20-2025 $2,100,000

Listed by: eXp 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

Secondary
Fraser Heights Secondary School
Above Average
0.97 km
7.5/10
Elementary
Erma Stephenson Elementary School
Above Average
0.69 km
7.2/10

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

Private Schools

Elementary
Dogwood School
Above Average
1.29 km
10/10
Elementary, Secondary
Pacific Academy
Above Average
2.45 km
8.1/10

Closest Transit

Bus Stop
Westbound 108 Ave @ 162 St
0.83 km
Skytrain
Skytrain @ 152 St Station ( Under Construction till 2029)
4.90 km

Crime Rate

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

Demographics

Post-Secondary Education
Average
32%
No Certificate/Degree
Average
13.8%
Owner Occupied
Below Average
59.9%
Employment Rate
Above Average
74.6%

Noise/ Power Lines

Road/Hwy Noise
Unlikely
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

33 / 100
Overall sell-speed score
May take longer
D
Price competition grade
Avg comparable: $1,324,928
Market conditions
Market conditions unavailable
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 4.90 km from station
Road / Highway noise
Unlikely
Airport noise (YVR)
Unlikely
Power lines proximity
Unlikely
ALR (Agricultural Land Reserve)
No — not in ALR
How FRASER HEIGHTS compares
This property
15 DOM
Listed
Fraser Heights avg
Surrey avg

11221 162 Street has a sell-speed score of 33/100, placing it in the "May take longer than the area average to sell" band. The listing is priced 24.7% above comparable active properties in Fraser Heights. Based on these signals, EstateBlock predicts this listing is could take longer than the area average to sell.

Climate Risk for V4N 4P6

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V4N 4P6, 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 A / Excellent

Annual avg PM2.5 4.2 µg/m³ — meets WHO 2021 guideline (BC ENV 2024). Nearest station: Pitt Meadows Meadowlands School, Pitt Meadows (~6.4 km). Annual avg AQHI 1.7 — 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 11221 162 Street

Walkability & Transit Near 11221 162 Street

Walk Score Badge
Car-Dependent 48

Walk Score - Car-Dependent

Most errands require a car
Transit Score Badge
Some Transit 30

Transit Score - Some Transit

A few nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
35

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

BC Assessment Value — 11221 162 Street

2026 assessed value, sourced from City of Surrey open data (PID 017-684-234).
Total Assessed Value (2026)
$1,557,000
2026 Value Trend
Land
$1,557,000
Buildings
$0
Year Built
N/A
Class
N/A
Zoning
R2
Property Tax
N/A
Year Land Improvements Total Assessed YOY Change
2026 $1,557,000 $0 $1,557,000

Mortgage Calculator for 11221 162 Street

/month
Principal & Interest
Property Taxes $469
Maintenance fee 0
Financing 80% of the $1,760,000 asking price over 30 years at 4% results in approximately $7,191/month in total estimated carrying costs, $469 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 $4,477/month in rental income, leaving a -$2,897/month cashflow at current carrying costs. Investors targeting break-even would need roughly 55% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Price vs Neighbourhood Average — Fraser Heights, Surrey

Beds Home Types Square Feet Lot Size Year Built
This Home $1,760,000
Surrey Loading...
Fraser Heights Loading...

Based on 5 comparable active properties in Fraser Heights, the average asking price is $1,426,263. This listing is priced 23.4% above the neighbourhood average.

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 11221 162 Street

Walk Score Badge
Car-Dependent 48

Walk Score - Car-Dependent

Most errands require a car
Transit Score Badge
Some Transit 30

Transit Score - Some Transit

A few nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
35

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

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