12242 98a Ave, Surrey BC - Single Family Residence for Sale - MLS# R3138702

$1,649,000
Est. Mortgage $7,295/mo
6 Beds
5 Baths
3996 sqft
413 $ /sqft
1994 built
$1,649,000
Est. $7,295/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 12242 98a Avenue

Exceptional value in desirable Cedar Hills! This beautifully maintained nearly 4,000 sq. ft. two-storey home offers stunning mountain views and is situated on a large, private lot in a quiet family-friendly neighbourhood. Featuring 6 bedrooms, 5 bathrooms, and a den/office, the spacious primary suite includes two walk-in closets, a dressing area, fireplace, luxurious ensuite, and jetted tub. Enjoy a grand entry with soaring ceilings and skylights, an open-concept kitchen, and generous living and dining areas. Durable tile roof and a bright 2-bedroom legal suite with separate entrance provide excellent mortgage helper potential. Conveniently located near shopping, schools, and major highway access.

Interior Features

Basement Finished Area (sqft) 0
Basement Features Finished, Exterior Entry
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Interior Features Storage, Pantry
Fireplace 3
Heating Type Forced Air
Laundry In Unit
# of Kitchens 2
Flooring Mixed
Foundation Concrete Perimeter

Exterior Features

Exterior Features Garden, Balcony, Private Yard
View Description Mountain
Roof Tile
Structures Residential Detached

Building Details

Price $1,649,000
Total Bedrooms 6
Total Bathrooms 5
Full Bathrooms 4
Half Bathrooms 1
Floor Area Total (sqft) 3996
Year Built 1994
Age Of Building 32
Building Type Single Family Residence
Property Type Residential
Stories 2
Ownership Type Freehold NonStrata
Community Features Shopping Nearby
Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Community, Sanitary Sewer, Storm Sewer
Water (WaterSource) Public
Parking Type Garage Double, Front Access, Concrete, Garage Door Opener
Total Parking Spaces 6
Rental Suites Legal Suite

Lot & Land

Lot Size 9022
Lot Size Depth Feet
Lot Size Frontage 70
MLS® # R3138702
Area North Surrey
Neighbourhood Cedar Hills
City Surrey
Postal Code V3V 7S5
Gross Taxes $7,585.3
Zoning RF

Property Timeline

Status Date Price
R3138702 / Active 06-23-2026 $1,649,000
Rooms
Floor Type Dimensions
Main Level Kitchen 20'10 x 20'10 ft
Main Level Living Room 24'10 x 24'10 ft
Main Level Family Room 14' x 14' ft
Main Level Office 15' x 15' ft
Main Level Laundry 7' x 7' ft
Bathrooms
Floor Ensuite Pieces
Main Level No #4
Above Level Yes #5

Listed by: Investa Prime 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

Elementary
Cedar Hills Elementary School
Average
0.28 km
4.3/10
Secondary
L A Matheson Secondary School
Average
0.64 km
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
1.98 km
7.8/10
Secondary
Purpose Independent Secondary School
Average
3.06 km
4/10

Closest Transit

Bus Stop
Northbound 123A St @ 98 Ave
0.21 km
Skytrain
Skytrain @ Scott Road Stn
2.61 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
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

48 / 100
Overall sell-speed score
Moderate pace expected
B
Price competition grade
Avg comparable: $1,649,000
Market conditions
Market conditions unavailable
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 2.61 km from station
Road / Highway noise
Unlikely
Airport noise (YVR)
Unlikely
Power lines proximity
Unlikely
ALR (Agricultural Land Reserve)
No — not in ALR
How CEDAR HILLS compares
This property
17 DOM
Listed
Cedar Hills avg
Surrey avg

12242 98a Avenue has a sell-speed score of 48/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced in line with comparable active properties in Cedar Hills. Based on these signals, EstateBlock predicts this listing is may take several weeks to attract serious offers.

Climate Risk for V3V 7S5

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V3V 7S5, 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 (~2.9 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 12242 98a Avenue

Pre-computed routes from 12242 98a Ave, Surrey, BC

By transit (Skytrain)

  • Downtown Vancouver via Scott Road → Waterfront
    67 min
  • Metrotown, Burnaby via Scott Road → Metrotown
    49 min
  • SFU Burnaby via Scott Road → Production Way
    47 min
  • Richmond Centre via Scott Road → Brighouse
    92 min
  • YVR Airport via Scott Road → YVR-Airport
    93 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
    22 min
  • YVR Airport via Bridgeport / Sea Island
    26 min

Calculate your commute

12242 98a Ave, Surrey, BC is ideally located for commuters. The property is 2.6 km from Scott Road, with a 67 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Northbound 123A St @ 98 Ave (0.21 km). Walk Score Transit rating: Good Transit (53/100).

Walkability & Transit Near 12242 98a Avenue

Walk Score Badge
Car-Dependent 60

Walk Score - Somewhat Walkable

Some errands can be accomplished on foot
Transit Score Badge
Some Transit 53

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 — 12242 98a Avenue

2026 assessed value, sourced from City of Surrey open data (PID 018-604-986).
Total Assessed Value (2026)
$1,724,000
2026 Value Trend
Land
$1,315,000
Buildings
$409,000
Year Built
N/A
Class
N/A
Zoning
R3
Property Tax
N/A
Year Land Improvements Total Assessed YOY Change
2026 $1,315,000 $409,000 $1,724,000

Mortgage Calculator for 12242 98a Avenue

/month
Principal & Interest
Property Taxes $632
Maintenance fee 0
A 20% down payment of $329,800 on this $1,649,000 listing yields an estimated mortgage of $6,298/month (30-year fixed, 4%). Total estimated housing cost: $6,930/month, $632 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
With $5,335/month in estimated rental income against $7,101/month in mortgage payments, the monthly cashflow is -$1,766/month. A 43% down payment would reach break-even.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Price vs Neighbourhood Average — Cedar Hills, Surrey

Beds Home Types Square Feet Lot Size Year Built
This Home $1,649,000
Surrey Loading...
Cedar Hills Loading...

Comparable data is unavailable at the neighbourhood level. City-wide in Surrey, similar Single Family Residences average $1,582,500 across 9 active listings — this listing is 4.2% above the Surrey 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 12242 98a Avenue

Walk Score Badge
Car-Dependent 60

Walk Score - Somewhat Walkable

Some errands can be accomplished on foot
Transit Score Badge
Some Transit 53

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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