12448 97b St, Surrey BC - Single Family Residence for Sale - MLS# R3097904

$1,450,000
Est. Mortgage $6,415/mo
5 Beds
3 Baths
2081 sqft
697 $ /sqft
1959 built
$1,450,000
Est. $6,415/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 12448 97b Street

Great opportunity to move right into this spotless 2 level home, rent or build your dream home, situated on a 12,394 sq ft lot with lane access & bonus 568 sq ft. detached garage, 220 pw, & water. Meticulously cared for by long time owner with gleaming HW floors, updated kitch. Spacious & bright living area w 3 good sized bds & 2 bath up & huge covered deck for entertaining or relaxing. A generous size 2bd ground level suit is perfect for inlaws or extra income. Two Bonus covered RV parking, garden area, private fenced yard and Located on a quiet street with lots of parking, walk to school, bus & shopping. Dont wait to view this lovely home and book your appt now. This is a great lot for 4 plex building.

Interior Features

Basement Finished Area (sqft) 1023
Basement Features Full, Exterior Entry
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Fireplace 2
Heating Type Electric, Forced Air, Natural Gas
# of Kitchens 2
Flooring Hardwood, Mixed
Foundation Concrete Perimeter

Exterior Features

Exterior Features Balcony, Private Yard
Roof Asphalt
Structures Residential Detached

Building Details

Price $1,450,000
Total Bedrooms 5
Total Bathrooms 3
Full Bathrooms 2
Half Bathrooms 1
Floor Area Total (sqft) 2081
Year Built 1959
Age Of Building 67
Building Type Single Family Residence
Property Type Residential
Architecture Style Basement Entry
Stories 2
Ownership Type Freehold NonStrata
Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer
Water (WaterSource) Public
Parking Type Detached, RV Access/Parking, Front Access, Rear Access, Asphalt
Total Parking Spaces 7
Rental Suites Unauthorized Suite

Lot & Land

Lot Size 12394
Lot Size Depth Feet
Lot Size Frontage 60
MLS® # R3097904
Area North Surrey
Neighbourhood Cedar Hills
City Surrey
Postal Code V3V 2H8
Gross Taxes $6,852.4
Zoning R3

Property Timeline

Status Date Price
R3097904 / Active 03-12-2026 $1,450,000
R3052846 / Expired 09-26-2025 $1,520,000
R2972487 / Expired 03-03-2025 $1,570,000
R2905318 / Terminated 07-15-2024 $1,675,000
Rooms
Floor Type Dimensions
Main Level Living Room 16' x 16' ft
Main Level Kitchen 14'4 x 14'4 ft
Main Level Dining Room 8'8 x 8'8 ft
Main Level Primary Bedroom 11'0 x 11'0 ft
Main Level Bedroom 10' x 10' ft
Main Level Bedroom 11'5 x 11'5 ft
Basement Level Living Room 16'8 x 16'8 ft
Basement Level Kitchen 8'9 x 8'9 ft
Basement Level Eating Area 9'8 x 9'8 ft
Basement Level Bedroom 10'10 x 10'10 ft
Basement Level Bedroom 12'6 x 12'6 ft
Basement Level Laundry 16'8 x 16'8 ft
Basement Level Storage 7'3 x 7'3 ft
Basement Level Foyer 7'8 x 7'8 ft
Bathrooms
Floor Ensuite Pieces
Main Level No #4
Main Level Yes #2
Basement No #3

Listed by: RE/MAX Performance 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
0.64 km
Elementary
Cedar Hills Elementary School
Below Average
0.15 km
3.8/10

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

Private Schools

Elementary, Secondary
Khalsa School (Surrey)
1.6 km
Elementary, Secondary
Khalsa School (Surrey)
1.6 km

Closest Transit

Bus Stop
Southbound 123A St @ 98 Ave
0.2 km
Skytrain
Skytrain @ Surrey Central Stn
2.41 km

Crime Rate

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

Demographics

Post-Secondary Education
Below Average
14.3%
No Certificate/Degree
Above Average
25%
Owner Occupied
Average
66.8%
Employment Rate
Above Average
71.3%

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: $1,450,000
Market conditions
Market conditions unavailable
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 2.41 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
119 DOM
Listed
Cedar Hills avg
Surrey avg

12448 97b Street 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 2H8

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V3V 2H8, 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 (~3 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 12448 97b Street

Pre-computed routes from 12448 97b St, Surrey, BC

By transit (Skytrain)

  • Downtown Vancouver via Surrey Central → Waterfront
    70 min
  • Metrotown, Burnaby via Surrey Central → Metrotown
    52 min
  • SFU Burnaby via Surrey Central → Production Way
    50 min
  • Richmond Centre via Surrey Central → Brighouse
    95 min
  • YVR Airport via Surrey Central → YVR-Airport
    96 min

By car (off-peak)

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

Calculate your commute

12448 97b St, Surrey, BC is ideally located for commuters. The property is 2.4 km from Surrey Central, with a 70 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Southbound 123A St @ 98 Ave (0.2 km). Walk Score Transit rating: Good Transit (54/100).

Walkability & Transit Near 12448 97b Street

Walk Score Badge
Car-Dependent 51

Walk Score - Somewhat Walkable

Some errands can be accomplished on foot
Transit Score Badge
Some Transit 54

Transit Score - Good Transit

Many nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
44

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

BC Assessment Value — 12448 97b Street

2026 assessed value, sourced from City of Surrey open data (PID 000-609-102).
Total Assessed Value (2026)
$1,465,400
2026 Value Trend
Land
$1,399,000
Buildings
$66,400
Year Built
N/A
Class
N/A
Zoning
R3
Property Tax
N/A
Year Land Improvements Total Assessed YOY Change
2026 $1,399,000 $66,400 $1,465,400

Mortgage Calculator for 12448 97b Street

/month
Principal & Interest
Property Taxes $571
Maintenance fee 0
With a 20% down payment, buyers can expect an estimated $6,109/month in total housing costs on this $1,450,000 property — $5,538 mortgage payment, $571 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
Based on $5,396/month estimated rent and $6,294/month in total housing costs, this property has a -$898/month cashflow. Break-even down payment: approximately 33%.
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 $1,450,000
Surrey Loading...
Cedar Hills Loading...

Based on 2 comparable active Single Family Residences in Cedar Hills, the average asking price is $1,374,950. This listing is priced 5.5% 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 12448 97b Street

Walk Score Badge
Car-Dependent 51

Walk Score - Somewhat Walkable

Some errands can be accomplished on foot
Transit Score Badge
Some Transit 54

Transit Score - Good Transit

Many nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
44

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

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