12473 114 Ave, Surrey BC - Single Family Residence for Sale - MLS# R3018313

$2,200,000
Est. Mortgage $9,733/mo
3 Beds
2 Baths
1935 sqft
1137 $ /sqft
1947 built
$2,200,000
Est. $9,733/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 12473 114 Avenue

Great value with great Development potential! Almost 9,000 Sq. Feet this huge lot is located in an up and coming area that is likely to boom in the near and the distant future. Big things are coming to Surrey's Fraser River Waterfront! The City of Surrey has approved a feasibility study for a brand new Waterfront Entertainment District near the new Pattullo Bridge - bringing Restaurants, Retail, parks, Plazas and landmark attractions to this area!! With a high-rise building (Bridgecity) planned and approved just blocks away, this area is likely to change soon for ever! Be ahead of the game and secure this great piece of land for potential huge rewards in the future!! There are two separate ground level units which are fully livable and rentable. Potentially a great-great holding property!

Interior Features

Basement Finished Area (sqft) 0
Basement Features None
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Heating Type Electric
Laundry In Unit
# of Kitchens 2
Flooring Mixed
Foundation Other

Exterior Features

Exterior Features Private Yard
Roof Asphalt
Structures Residential Detached

Building Details

Price $2,200,000
Total Bedrooms 3
Total Bathrooms 2
Full Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 1935
Year Built 1947
Age Of Building 78
Building Type Single Family Residence
Property Type Residential
Architecture Style Rancher/Bungalow
Stories 1
Ownership Type Freehold NonStrata
Community Features Shopping Nearby
Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource) Public
Parking Type Additional Parking, Open, Front Access
Total Parking Spaces 4
Rental Suites Other

Lot & Land

Lot Size 8900
Lot Size Depth Feet
Lot Size Frontage 89
MLS® # R3018313
Area North Surrey
Neighbourhood Bridgeview
City Surrey
Postal Code V3V 3N8
Gross Taxes $5,756.37
Zoning SFD

Property Timeline

Status Date Price
R3018313 / Active 06-20-2025 $2,200,000
Rooms
Floor Type Dimensions
Main Level Living Room 15' x 15' ft
Main Level Dining Room 12' x 12' ft
Main Level Kitchen 13' x 13' ft
Main Level Bedroom 11'6 x 11'6 ft
Main Level Bedroom 11'6 x 11'6 ft
Main Level Living Room 14'4 x 14'4 ft
Main Level Dining Room 15' x 15' ft
Main Level Kitchen 11'8 x 11'8 ft
Main Level Bedroom 14' x 14' ft
Bathrooms
Floor Ensuite Pieces
Main Level No #4
Main Level No #4

Listed by: RE/MAX Bozz 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
Kwantlen Park Secondary School
2.38 km
Elementary
Bridgeview Elementary School
3.78 km

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

Closest Transit

Bus Stop
Westbound 114 Ave @ 124 St
0.06 km
Skytrain
Skytrain @ Scott Road Stn
0.65 km

Crime Rate

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

Demographics

Post-Secondary Education
Below Average
11.7%
No Certificate/Degree
Above Average
25%
Owner Occupied
Average
61.8%
Employment Rate
Above Average
69.2%

Noise/ Power Lines

Road/Hwy Noise
Possible
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

30 / 100
Overall sell-speed score
May take longer
D
Price competition grade
Avg comparable: $1,012,440
Market conditions
Market conditions unavailable
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 0.65 km from station
Road / Highway noise
Possible — major road nearby
Airport noise (YVR)
Unlikely
Power lines proximity
Unlikely
ALR (Agricultural Land Reserve)
No — not in ALR
How BRIDGEVIEW compares
This property
384 DOM
Listed
Bridgeview avg
Surrey avg

12473 114 Avenue has a sell-speed score of 30/100, placing it in the "May take longer than the area average to sell" band. The listing is priced 54% above comparable active properties in Bridgeview. Based on these signals, EstateBlock predicts this listing is could take longer than the area average to sell.

Climate Risk for V3V 3N8

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V3V 3N8, 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 B / Good

Annual avg PM2.5 5.2 µg/m³ — meets Canada's CAAQS (BC ENV 2024). Nearest station: New Westminster Sapperton Park, New Westminster (~2.3 km). Annual avg AQHI 0 — 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 12473 114 Avenue

Pre-computed routes from 12473 114 Ave, Surrey, BC

By transit (Skytrain)

  • Downtown Vancouver via Scott Road → Waterfront
    44 min
  • Metrotown, Burnaby via Scott Road → Metrotown
    26 min
  • SFU Burnaby via Scott Road → Production Way
    24 min
  • Richmond Centre via Scott Road → Brighouse
    69 min
  • YVR Airport via Scott Road → YVR-Airport
    70 min

By car (off-peak)

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

Calculate your commute

12473 114 Ave, Surrey, BC is ideally located for commuters. The property is 0.7 km from Scott Road, with a 44 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Westbound 114 Ave @ 124 St (0.06 km). Walk Score Transit rating: Excellent Transit (76/100).

Walkability & Transit Near 12473 114 Avenue

Walk Score Badge
Car-Dependent 37

Walk Score - Car-Dependent

Most errands require a car
Transit Score Badge
Some Transit 76

Transit Score - Excellent Transit

Transit is convenient for most trips
Bike Score Badge
Somewhat
Bikeable
58

Bike Score - Bikeable

Some bike infrastructure

BC Assessment Value — 12473 114 Avenue

2026 assessed value, sourced from City of Surrey open data (PID 011-390-875).
Total Assessed Value (2026)
$1,107,300
2026 Value Trend
Land
$1,047,000
Buildings
$60,300
Year Built
N/A
Class
N/A
Zoning
R3
Property Tax
N/A
Year Land Improvements Total Assessed YOY Change
2026 $1,047,000 $60,300 $1,107,300

Mortgage Calculator for 12473 114 Avenue

/month
Principal & Interest
Property Taxes $480
Maintenance fee 0
A 20% down payment of $440,000 on this $2,200,000 listing yields an estimated mortgage of $8,403/month (30-year fixed, 4%). Total estimated housing cost: $8,883/month, $480 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 $6,522/month in estimated rental income against $9,081/month in mortgage payments, the monthly cashflow is -$2,559/month. A 45% 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 — Bridgeview, Surrey

Beds Home Types Square Feet Lot Size Year Built
This Home $2,200,000
Surrey Loading...
Bridgeview 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 12473 114 Avenue

Walk Score Badge
Car-Dependent 37

Walk Score - Car-Dependent

Most errands require a car
Transit Score Badge
Some Transit 76

Transit Score - Excellent Transit

Transit is convenient for most trips
Bike Score Badge
Somewhat
Bikeable
58

Bike Score - Bikeable

Some bike infrastructure

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