11961 97a Ave, Surrey BC - Single Family Residence for Sale - MLS# R3136948

$2,400,000
Est. Mortgage $10,618/mo
5 Beds
3 Baths
2800 sqft
857 $ /sqft
1968 built
$2,400,000
Est. $10,618/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 11961 97a Avenue

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.

Interior Features

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

Exterior Features Garden, Balcony, Private Yard
Roof Asphalt
Structures Residential Detached

Building Details

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 & Land

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

Property Timeline

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
Rooms
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
Bathrooms
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.

Map & Neighbourhood

Public Schools

Secondary
L A Matheson Secondary School
Average
0.76 km
5/10
Elementary
Royal Heights Elementary School
Below Average
0.58 km
3.5/10

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

Private Schools

Elementary
Immaculate Conception School
Above Average
1.72 km
7.8/10
Secondary
Purpose Independent Secondary School
Average
2.82 km
4/10

Closest Transit

Bus Stop
Northbound Scott Rd @ 98 Ave
0.15 km
Skytrain
Skytrain @ New Westminster Stn
2.81 km

Crime Rate

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

Demographics

Post-Secondary Education
Below Average
16.2%
No Certificate/Degree
Above Average
24%
Owner Occupied
Average
73.3%
Employment Rate
Above Average
72.7%

Noise/ Power Lines

Road/Hwy Noise
Unlikely
Railway/Sky train Noise
Possible
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

No data
Overall sell-speed score
Moderate pace expected
Price competition grade
No comparable data
Market conditions
Market conditions unavailable
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Possible — near transit
Road / Highway noise
Unlikely
Airport noise (YVR)
Unlikely
Power lines proximity
Unlikely
ALR (Agricultural Land Reserve)
No — not in ALR
How ROYAL HEIGHTS compares
This property
23 DOM
Listed
Royal Heights avg
Surrey avg

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.

Climate Risk for V3V 2G9

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).

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 4.5 µg/m³ — meets WHO 2021 guideline (BC ENV 2024). Nearest station: North Delta, Delta (~2.5 km). Annual avg AQHI 2.1 — Low Risk.

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 11961 97a Avenue

Pre-computed routes from 11961 97a Ave, Surrey, BC

By transit (Skytrain)

  • Downtown Vancouver via New Westminster → Waterfront
    66 min
  • Metrotown, Burnaby via New Westminster → Metrotown
    48 min
  • SFU Burnaby via New Westminster → Production Way
    46 min
  • Richmond Centre via New Westminster → Brighouse
    91 min
  • YVR Airport via New Westminster → YVR-Airport
    92 min

By car (off-peak)

  • Downtown Vancouver via HWY 1 / Grandview
    24 min
  • Metrotown, Burnaby via Lougheed Hwy
    12 min
  • SFU Burnaby via Gaglardi Way
    10 min
  • Richmond Centre via No. 3 Rd
    21 min
  • YVR Airport via Bridgeport / Sea Island
    25 min

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).

Walkability & Transit Near 11961 97a Avenue

Walk Score Badge
Car-Dependent 51

Walk Score - Somewhat Walkable

Some errands can be accomplished on foot
Transit Score Badge
Some Transit 56

Transit Score - Good Transit

Many nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
41

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

BC Assessment Value — 11961 97a Avenue

2026 assessed value, sourced from City of Surrey open data (PID 011-839-945).
Total Assessed Value (2026)
$1,641,900
2026 Value Trend
Land
$1,570,000
Buildings
$71,900
Year Built
N/A
Class
N/A
Zoning
R3
Property Tax
N/A
Year Land Improvements Total Assessed YOY Change
2026 $1,570,000 $71,900 $1,641,900

Mortgage Calculator for 11961 97a Avenue

/month
Principal & Interest
Property Taxes $597
Maintenance fee 0
Financing 80% of the $2,400,000 asking price over 30 years at 4% results in approximately $9,763/month in total estimated carrying costs, $597 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 $7,011/month in rental income, leaving a -$2,968/month cashflow at current carrying costs. Investors targeting break-even would need roughly 46% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Price vs Neighbourhood Average — Royal Heights, Surrey

Beds Home Types Square Feet Lot Size Year Built
This Home $2,400,000
Surrey Loading...
Royal Heights Loading...

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.

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 11961 97a Avenue

Walk Score Badge
Car-Dependent 51

Walk Score - Somewhat Walkable

Some errands can be accomplished on foot
Transit Score Badge
Some Transit 56

Transit Score - Good Transit

Many nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
41

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

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