Developer & Investor Alert: Prime 26,400 sq ft property with 200 ft frontage in North Surrey’s transitioning Royal Heights. This high-potential parcel offers exceptional versatility in a rapidly growing neighborhood. Development pathways include subdividing into 4 R3-zoned lots to construct 5,000 sq ft homes, or applying under Frequent Bus Stop Area (FBSA) guidelines to build up to 6 dwelling units per lot with zero parking requirements. The existing 2,800 sq ft residence features a secondary suite, serving as an ideal holding property to generate steady rental income while navigating the rezoning and building permit phases. All development potential, bylaws, and suite legality must be independently verified by the buyer or their agent via due diligence with the City of Surrey.
| Basement Finished Area (sqft) | 0 |
|---|---|
| Basement Features | Finished |
| Appliances Included | Washer/Dryer, Dishwasher, Refrigerator, Stove |
| Interior Features | Storage |
| Fireplace | 2 |
| Heating Type | Forced Air, Natural Gas |
| # of Kitchens | 2 |
| Flooring | Laminate, Vinyl, Wall/Wall/Mixed |
| Foundation | Concrete Perimeter |
| Exterior Features | Garden, Balcony, Private Yard |
|---|---|
| Roof | Asphalt |
| Structures | Residential Detached |
| Price | $2,400,000 |
|---|---|
| Total Bedrooms | 5 |
| Total Bathrooms | 3 |
| Full Bathrooms | 2 |
| Half Bathrooms | 1 |
| Floor Area Total (sqft) | 2800 |
| Year Built | 1968 |
| Age Of Building | 58 |
| Building Type | Single Family Residence |
| Property Type | Residential |
| 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 | Garage Double, Open, Front Access, Garage Door Opener |
| Total Parking Spaces | 6 |
| Rental Suites | Unauthorized Suite |
| Lot Size | 26400 |
|---|---|
| Lot Size Depth | Feet |
| Lot Size Frontage | 200 |
| MLS® # | R3136948 |
| Area | North Surrey |
| Neighbourhood | Royal Heights |
| City | Surrey |
| Postal Code | V3V 2G9 |
| Gross Taxes | $7,159.47 |
| Zoning | R3 |
| Status | Date | Price |
|---|---|---|
| R3136948 / Active | 06-16-2026 | $2,400,000 |
| R3015419 / Expired | 06-16-2025 | $2,750,000 |
| R2984950 / Terminated | 04-02-2025 | $2,945,000 |
| R2943261 / Terminated | 11-13-2024 | $2,998,000 |
| Floor | Type | Dimensions |
|---|---|---|
| Main Level | Living Room | 20'8 x 20'8 ft |
| Main Level | Dining Room | 12'7 x 12'7 ft |
| Main Level | Kitchen | 12'9 x 12'9 ft |
| Main Level | Flex Room | 15'9 x 15'9 ft |
| Main Level | Den | 10'3 x 10'3 ft |
| Main Level | Primary Bedroom | 13'3 x 13'3 ft |
| Main Level | Bedroom | 10'8 x 10'8 ft |
| Main Level | Bedroom | 11'2 x 11'2 ft |
| Main Level | Eating Area | 10'6 x 10'6 ft |
| Below | Foyer | 9'9 x 9'9 ft |
| Below | Family Room | 13'6 x 13'6 ft |
| Below | Dining Room | 12'10 x 12'10 ft |
| Below | Kitchen | 13'1 x 13'1 ft |
| Below | Laundry | 7'6 x 7'6 ft |
| Below | Bedroom | 13'1 x 13'1 ft |
| Below | Bedroom | 11'2 x 11'2 ft |
| Floor | Ensuite | Pieces |
|---|---|---|
| Main Level | No | #3 |
| Main Level | No | #2 |
| Below | No | #3 |
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.
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
11961 97a Avenue 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 2G9, 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 (~2.5 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 |
|---|---|---|---|---|---|
| Schools Near 11961 97a Avenue | |||||
Calculate your commute
11961 97a Ave, Surrey, BC is ideally located for commuters. The property is 2.8 km from New Westminster, with a 66 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Northbound Scott Rd @ 98 Ave (0.15 km). Walk Score Transit rating: Good Transit (56/100).
| Year | Land | Improvements | Total Assessed | YOY Change |
|---|---|---|---|---|
| 2026 | $1,570,000 | $71,900 | $1,641,900 | — |
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