Incredible development opportunity in the heart of Surrey! This expansive property offers huge potential and could be subdivided into 3 lots (verify with City). Ideal for investors, builders, or developers looking to capitalize on a prime location with strong growth and demand. Surrounded by new development and close to schools, transit, shopping, and major routes. Don’t miss your chance to secure a rare investment in one of Surrey’s most sought-after neighborhoods!
| Basement Finished Area (sqft) | 0 |
|---|---|
| Basement Features | Finished |
| Appliances Included | Washer/Dryer, Dishwasher, Refrigerator, Stove |
| Interior Features | Storage |
| Fireplace | 1 |
| Heating Type | Oil |
| Laundry | In Unit |
| # of Kitchens | 1 |
| Flooring | Mixed |
| Foundation | Concrete Perimeter |
| Exterior Features | Balcony, Private Yard |
|---|---|
| Roof | Asphalt |
| Structures | Residential Detached |
| Price | $2,400,000 |
|---|---|
| Total Bedrooms | 5 |
| Total Bathrooms | 4 |
| Full Bathrooms | 3 |
| Half Bathrooms | 1 |
| Floor Area Total (sqft) | 3108 |
| Year Built | 1954 |
| Age Of Building | 72 |
| Building Type | Single Family Residence |
| Property Type | Residential |
| Stories | 2 |
| Building Amenities | Recreation Facilities |
| Ownership Type | Freehold NonStrata |
| Community Features | Shopping Nearby |
| Amenities Nearby | Recreation Facilities |
| Utility Type | Electricity Connected, Water Connected |
| Utility Sewer | Public Sewer, Sanitary Sewer, Storm Sewer |
| Water (WaterSource) | Public |
| Parking Type | Garage Double, Front Access |
| Total Parking Spaces | 6 |
| Rental Suites | None |
| Lot Size | 11295 |
|---|---|
| Lot Size Depth | Feet |
| Lot Size Frontage | 153.05 |
| MLS® # | R3092566 |
| Area | North Surrey |
| Neighbourhood | Royal Heights |
| City | Surrey |
| Postal Code | V3V 2T9 |
| Gross Taxes | $4,540.78 |
| Zoning | R3 |
| Floor | Type | Dimensions |
|---|---|---|
| Main Level | Living Room | 26'6 x 26'6 ft |
| Main Level | Primary Bedroom | 18' x 18' ft |
| Main Level | Kitchen | 18' x 18' ft |
| Main Level | Bedroom | 12'8 x 12'8 ft |
| Above Level | Bedroom | 14'4 x 14'4 ft |
| Above Level | Bedroom | 14' x 14' ft |
| Above Level | Bedroom | 15' x 15' ft |
| Floor | Ensuite | Pieces |
|---|---|---|
| Main Level | No | #4 |
| Above Level | No | #4 |
| Main Level | Yes | #2 |
| Basement | No | #3 |
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.
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
11562 Millar Road has a sell-speed score of 48/100, placing it in the "Expected to sell at a moderate pace" band. The listing is has limited comparable pricing data available. Based on these signals, EstateBlock predicts this listing is may take several weeks to attract serious offers.
Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V3V 2T9, 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 4.5 µg/m³ — meets WHO 2021 guideline (BC ENV 2024). Nearest station: North Delta, Delta (~2.6 km). Annual avg AQHI 2.1 — 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
11562 Millar Rd, Surrey, BC is ideally located for commuters. The property is 2.3 km from New Westminster, with a 60 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Eastbound River Rd @ Millar Rd (0.32 km). Walk Score Transit rating: Good Transit (52/100).
| Year | Land | Improvements | Total Assessed | YOY Change |
|---|---|---|---|---|
| 2026 | $1,115,000 | $39,300 | $1,154,300 | — |
No active comparable properties are currently available for this property type in Surrey. The price evaluation chart will update as similar listings enter the market.
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