Investor Alert! Re-introduced to the market with a substantial price adjustment. This 7,974 sq ft property with rare side lane access sits in a neighborhood surrounded by new homes and ongoing redevelopment, The lot provides excellent flexibility for a future new build, while the existing home—though in need of some updating—remains a solid rental option for immediate income. Whether you choose to hold, rent, or build, this property delivers a smart foothold in one of East Newton’s most active redevelopment pockets. Large lot with lane access and long-term potential, make this an appealing option for investors, builders, or buyers looking to secure land in a growing area. Seller is open to reasonable offers.
| Basement Finished Area (sqft) | 0 |
|---|---|
| Basement Features | None |
| Fireplace | 2 |
| Heating Type | Forced Air, Natural Gas |
| Laundry | In Unit |
| # of Kitchens | 1 |
| Flooring | Mixed |
| Foundation | Concrete Perimeter |
| Exterior Features | Garden |
|---|---|
| Roof | Asphalt |
| Structures | Residential Detached |
| Price | $1,125,000 |
|---|---|
| Total Bedrooms | 3 |
| Total Bathrooms | 2 |
| Full Bathrooms | 2 |
| Half Bathrooms | 0 |
| Floor Area Total (sqft) | 1549 |
| Year Built | 1986 |
| Age Of Building | 40 |
| Building Type | Single Family Residence |
| Property Type | Residential |
| Architecture Style | Rancher/Bungalow |
| Stories | 1 |
| Ownership Type | Freehold NonStrata |
| Utility Type | Electricity Connected, Natural Gas Connected, Water Connected |
| Utility Sewer | Septic Tank |
| Water (WaterSource) | Public |
| Parking Type | Detached, Open, Lane Access |
| Rental Suites | None |
| Lot Size | 7982 |
|---|---|
| Lot Size Depth | Metres |
| Lot Size Frontage | 66.6 |
| MLS® # | R3094842 |
| Area | Surrey |
| Neighbourhood | Panorama Ridge |
| City | Surrey |
| Postal Code | V3X 2C2 |
| Gross Taxes | $5,279.3 |
| Zoning | RA |
| Status | Date | Price |
|---|---|---|
| R3094842 / Active | 03-02-2026 | $1,125,000 |
| R3051472 / Expired | 09-22-2025 | $1,299,000 |
| R3001435 / Terminated | 05-12-2025 | $1,419,999 |
| Floor | Type | Dimensions |
|---|---|---|
| Main Level | Kitchen | 11' x 11' ft |
| Main Level | Living Room | 17' x 17' ft |
| Main Level | Dining Room | 11' x 11' ft |
| Main Level | Family Room | 18' x 18' ft |
| Main Level | Primary Bedroom | 14' x 14' ft |
| Main Level | Bedroom | 12' x 12' ft |
| Main Level | Bedroom | 12' x 12' ft |
| Main Level | Laundry | 19' x 19' ft |
| Floor | Ensuite | Pieces |
|---|---|---|
| Main Level | No | #4 |
| Main Level | Yes | #3 |
Listed by: Sutton Group-West Coast Realty (Surrey/24)
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
12835 60 Avenue has a sell-speed score of 54/100, 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 2C2, 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 (~5.7 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 |
|---|---|---|---|---|---|
| Schools Near 12835 60 Avenue | |||||
| Year | Land | Improvements | Total Assessed | YOY Change |
|---|---|---|---|---|
| 2026 | $1,264,000 | $41,300 | $1,305,300 | — |
Comparable data is unavailable at the neighbourhood level. City-wide in Surrey, similar Single Family Residences average $1,234,983 across 11 active listings — this listing is 8.9% below the Surrey average. This property is flagged as a Hot Deal (7.4% price reduction) based on its competitive pricing and market demand.
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