Investment Alert!! Rare opportunity to acquire Four Contiguous Parcels under Land Assembly Common ownership in the highly desirable Panorama Ridge area of Surrey. The offering includes 12783 56 Avenue, 12761 56 Avenue, 5664 127A Street and 5648 127A Street. Total site area exceeds 2.3 acres (buyer to verify) Corner exposure on 56 avenue with significant frontage. Ideal for investors to build your project on this corner property. Portions of the site are impacted by BC Hydro transmission corridor easements. Sold as one package only. Buyer to conduct their own due diligence regarding zoning development potential, permitted uses, easements, and municipal approvals. Property is on a Bus Route.
| Basement Finished Area (sqft) | 0 |
|---|---|
| Basement Features | None |
| Heating Type | Mixed |
| # of Kitchens | 0 |
| Foundation | Other |
| Exterior Features | No Outdoor Area |
|---|---|
| Roof | Asphalt |
| Structures | Residential Detached |
| Price | $3,000,000 |
|---|---|
| Total Bedrooms | 3 |
| Total Bathrooms | 1 |
| Full Bathrooms | 1 |
| Half Bathrooms | 0 |
| Floor Area Total (sqft) | 1869 |
| Year Built | 1928 |
| Age Of Building | 98 |
| Building Type | Single Family Residence |
| Property Type | Residential |
| Stories | 1 |
| Building Name | Panorama Ridge |
| Ownership Type | Freehold NonStrata |
| Parking Type | Open, RV Access/Parking, Guest, Lane Access, Asphalt |
| Total Parking Spaces | 4 |
| Rental Suites | None |
| Lot Size | 2.33 |
|---|---|
| Lot Size Depth | Feet |
| Lot Size Frontage | 0 |
| MLS® # | R3134121 |
| Area | Surrey |
| Neighbourhood | Panorama Ridge |
| City | Surrey |
| Postal Code | V3X 2Y7 |
| Gross Taxes | $9,545.13 |
| Zoning | RA |
| Floor | Type | Dimensions |
|---|---|---|
| Main Level | Living Room | 10' x 10' ft |
| Main Level | Bedroom | 10' x 10' ft |
| Main Level | Bedroom | 10' x 10' ft |
| Main Level | Bedroom | 10' x 10' ft |
| Floor | Ensuite | Pieces |
|---|---|---|
| Main Level | No | #3 |
Listed by: Royal Pacific Lions Gate Realty Ltd.
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.
Public Schools
Information includes BC Government Open License data; school details change often and are offered solely as general guidance.
Private Schools
Closest Transit
Crime Rate
Demographics
Noise/ Power Lines
Other
12783 56 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.
Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V3X 2Y7, over the next 30 years. Projections use the 2041–2070 period (2050s) under a moderate emissions scenario (SSP2-4.5).
Outside of designated flood hazard zones. Under 10% of buildings in this area have flood risk over the next 30 years.
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.
Annual avg PM2.5 4.5 µg/m³ — meets WHO 2021 guideline (BC ENV 2024). Nearest station: North Delta, Delta (~6.4 km). Annual avg AQHI 2.1 — Low Risk.
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.
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.
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.
| School | Type | Grades Served | Catchment Info | Rating | Distance |
|---|---|---|---|---|---|
Comparable data is unavailable at the neighbourhood level. City-wide in Surrey, similar Single Family Residences average $2,100,000 across 2 active listings — this listing is 42.9% above the Surrey average.
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