12617 88 Ave, Surrey, BC

$2,549,999
Est. Mortgage /mo

MLS# R2975383

7 Beds
8 Baths
3955 sqft
645 $ /sqft
2013 built
$2,549,999
Est. /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

Property Details & Specs

ATTENTION INVESTORS ! Central location in the heart of QUEEN MARY PARK ! Don't miss this opportunity to own an amazing DEVELOPMENT potential property in Surrey ! Situated on 88 AVENUE this property boasts excellent EXPOSURE and is located just steps from a major COMMERCIAL shopping plaza and across the street from an INDUSTRIAL zone. This stunning property features a generous 3955 square feet of beautifully designed living space across two floors, boasting 7 spacious bedrooms and 8 bathrooms. Mortgage Helpers - 2+1 rental suites and a studio unit with great income potential. Ideally located close to schools, public transit, shopping and all other amenities. Call today to secure this lucrative investment opportunity!

General Info

Price $2,549,999
Total Bedrooms 7
Total Bathrooms 7
Half Bathrooms 1
Floor Area Total (sqft) 3955
Lot Size 6699
Lot Size Depth Feet
Lot Size Frontage 58.21
Basement Finished Area (sqft) 0
Basement Features Finished, Exterior Entry

Property Metrics

Year Built 2013
Age Of Building 12
Building Type Single Family Residence
Property Type Residential
Stories 2
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Interior Features Pantry
Structures Residential Detached

Additional Details

MLS® # R2975383
Building Name -
Area Surrey
Neighbourhood Queen Mary Park Surrey
City Surrey
Postal Code V3W 3J8
Price per Sqft -
Gross Taxes $7,981.33
Ownership Type Freehold NonStrata
Maintenance Fee -
Community Features Shopping Nearby

Heating & Cooling

Fireplace 0
Heating Type Radiant

Utilities

Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource) Public

Parking

Parking Type Additional Parking, Garage Single
Total Parking Spaces -
Strata Restrictions -
Rental Restrictions -
Zoning RES
Rental Suites Legal Suite,Unauthorized Suite
# of Kitchens 4
Flooring Mixed
Foundation Block
Interior Features Pantry
Locker -
View Description -
Units In Development -
Exterior Features Balcony, Private Yard
Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Roof Asphalt

Property Timeline

Status Date Price
R2975383 / Active 03-07-2025 $2,549,999
Rooms
Floor Type Dimensions
Main Level Foyer 9'3 x 9'3 ft
Main Level Family Room 11'3 x 11'3 ft
Main Level Living Room 13'1 x 13'1 ft
Main Level Kitchen 9'3 x 9'3 ft
Main Level Bedroom 13'1 x 13'1 ft
Main Level Laundry 5'1 x 5'1 ft
Main Level Laundry 5'2 x 5'2 ft
Main Level Office 13'1 x 13'1 ft
Main Level Patio 13'2 x 13'2 ft
Main Level Living Room 14'8 x 14'8 ft
Main Level Kitchen 14'8 x 14'8 ft
Main Level Bedroom 11'3 x 11'3 ft
Main Level Bedroom 10'7 x 10'7 ft
Above Level Living Room 13'0 x 13'0 ft
Above Level Dining Room 12'10 x 12'10 ft
Above Level Kitchen 11'1 x 11'1 ft
Above Level Wok Kitchen 11'4 x 11'4 ft
Above Level Patio 27'0 x 27'0 ft
Above Level Bedroom 13'3 x 13'3 ft
Above Level Bedroom 13'5 x 13'5 ft
Above Level Primary Bedroom 11'10 x 11'10 ft
Above Level Bedroom 12'3 x 12'3 ft
Above Level Walk-In Closet 4'11 x 4'11 ft
Above Level Walk-In Closet 4'8 x 4'8 ft
Main Level Storage 6'0 x 6'0 ft
Bathrooms
Floor Ensuite Pieces
Main Level No #2
Main Level No #3
Above Level Yes #3
Listed by: Royal LePage West Real Estate Services

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.

Neighborhood & Transit Info

Public Schools

Secondary
Queen Elizabeth Secondary School
2.2 km
Elementary
David Brankin Elementary School
0.8 km

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

Private Schools

Elementary
Sikh Academy
Above Average
0.87 km
7.1/10
Elementary, Secondary
Khalsa School (Surrey)
3.49 km

Closest Transit

Bus Stop
Eastbound 88 Ave @ 126 St
0.05 km
Skytrain
Skytrain @ King George Stn
3.00 km

Crime Rate

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

Demographics

Post-Secondary Education
Below Average
14.4%
No Certificate/Degree
Above Average
32.6%
Owner Occupied
Average
68.7%
Employment Rate
Above Average
82.3%

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

Local Info

Estimated Mortgage Calculator

/month
Principal & Interest
Property Taxes $665
Maintenance fee 0
A 20% down payment of $510,000 on this $2,549,999 listing yields an estimated mortgage of $9,739/month (30-year fixed, 4%). Total estimated housing cost: $10,404/month, $665 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:

Estimated Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
With $8,703/month in estimated rental income against $10,616/month in mortgage payments, the monthly cashflow is -$1,913/month. A 36% down payment would reach break-even.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Home Price Evaluation Chart

Beds Home Types Square Feet Lot Size Year Built
This Home $2,549,999
Surrey Loading...
Queen Mary Park Surrey Loading...
There are currently no comparable Single Family Residences active in Queen Mary Park Surrey. The Surrey-wide average for similar 7-bedroom properties is $1,811,317 (10 listings). This home is priced 40.8% above that benchmark.
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 Price Comparision

This house $1,400,000
Surrey

No comparables

Fleetwood Tynehead $1,399,000 -6.38%
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

Property FAQs

What are the closest top-rated schools to 12617 88 Avenue, Surrey, BC?
The closest top-rated schools are Queen Elizabeth Secondary School and David Brankin Elementary School.
Is 12617 88 Avenue, Surrey, BC in a flood zone?
Flood risk status: No.
What is the estimated monthly mortgage and strata fee for 12617 88 Avenue, Surrey, BC?
With a standard down payment, the estimated monthly mortgage is approximately $15,300.
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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