12978 Old Yale Rd, Surrey BC - Single Family Residence for Sale - MLS# R3127258

$1,049,000
Est. Mortgage $4,641/mo
West Whalley
5 Beds
4 Baths
2514 sqft
417 $ /sqft
1949 built
$1,049,000
$1,070,000
Est. $4,641/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 12978 Old Yale Road

2 Storey home on a 6 foot basement and a Heated Detached Shop! Priced to sell listed nearly $200,000 below the current BC Assessment assessed value, offering incredible value and opportunity. 5-bedroom, 4-bathroom home on an approx. 8,921.00 sq. ft. lot with R3 zoning and future development potential. Offering exceptional space and versatility for large families, multi-generational living, or investment potential. Renovated in 2022, the main home features a modern kitchen, updated bathrooms, and new flooring throughout. Major upgrades include a newer roof, copper plumbing, and ABS piping for added peace of mind. Enjoy year-round entertaining on the massive covered deck overlooking the private backyard and BBQ area.

Interior Features

Basement Finished Area (sqft) 0
Basement Features Finished, Exterior Entry
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Heating Type Electric, Natural Gas
Laundry In Unit
# of Kitchens 2
Foundation Concrete Perimeter

Exterior Features

Exterior Features Balcony
Roof Asphalt
Structures Residential Detached

Building Details

Price $1,049,000
Total Bedrooms 5
Total Bathrooms 4
Full Bathrooms 3
Half Bathrooms 1
Floor Area Total (sqft) 2514
Year Built 1949
Age Of Building 77
Building Type Single Family Residence
Property Type Residential
Stories 2
Building Name West Whalley
Ownership Type Freehold NonStrata
Community Features Independent living, Shopping Nearby
Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource) Public
Parking Type Open
Total Parking Spaces 5
Rental Suites Unauthorized Suite

Lot & Land

Lot Size 8921
Lot Size Depth Feet
Lot Size Frontage 55
MLS® # R3127258
Area North Surrey
Neighbourhood Cedar Hills
City Surrey
Postal Code V3T 3B8
Gross Taxes $5,119.55
Zoning R3

Property Timeline

Status Date Price
R3127258 / Active 05-25-2026 $1,049,000
Rooms
Floor Type Dimensions
Main Level Bedroom 11'2 x 11'2 ft
Main Level Primary Bedroom 11' x 11' ft
Main Level Bedroom 11'2 x 11'2 ft
Above Level Bedroom 12' x 12' ft
Basement Level Bedroom 11' x 11' ft
Main Level Kitchen 11'2 x 11'2 ft
Main Level Kitchen 11' x 11' ft
Main Level Living Room 11'2 x 11'2 ft
Main Level Dining Room 14'2 x 14'2 ft
Bathrooms
Floor Ensuite Pieces
Main Level No #2
Main Level No #3
Main Level No #3
Above Level No #3

Listed by: Woodhouse 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
Average
0.42 km
5.7/10
Elementary
Old Yale Road Elementary School
Average
0.63 km
4.2/10

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

Private Schools

Elementary
Our Lady of Good Counsel
Above Average
1.91 km
8.5/10
Secondary
Honour Secondary School
3.65 km

Closest Transit

Bus Stop
Eastbound 104 Ave @ Old Yale Rd
0.09 km
Skytrain
Skytrain @ Surrey Central Stn
1.14 km

Crime Rate

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

Demographics

Post-Secondary Education
Below Average
15.7%
No Certificate/Degree
Above Average
24.3%
Owner Occupied
Average
71.6%
Employment Rate
Above Average
74%

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: $1,049,000
Market conditions
Market conditions unavailable
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 1.14 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
45 DOM
Listed
Cedar Hills avg
Surrey avg

12978 Old Yale Road 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 V3T 3B8

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V3T 3B8, 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 (~4.6 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 12978 Old Yale Road

Pre-computed routes from 12978 Old Yale Rd, Surrey, BC

By transit (Skytrain)

  • Downtown Vancouver via Surrey Central → Waterfront
    55 min
  • Metrotown, Burnaby via Surrey Central → Metrotown
    37 min
  • SFU Burnaby via Surrey Central → Production Way
    35 min
  • Richmond Centre via Surrey Central → Brighouse
    80 min
  • YVR Airport via Surrey Central → YVR-Airport
    81 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
    24 min
  • YVR Airport via Bridgeport / Sea Island
    28 min

Calculate your commute

12978 Old Yale Rd, Surrey, BC is ideally located for commuters. The property is 1.1 km from Surrey Central, with a 55 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Eastbound 104 Ave @ Old Yale Rd (0.09 km). Walk Score Transit rating: Good Transit (62/100).

Walkability & Transit Near 12978 Old Yale Road

Walk Score Badge
Car-Dependent 68

Walk Score - Somewhat Walkable

Some errands can be accomplished on foot
Transit Score Badge
Some Transit 62

Transit Score - Good Transit

Many nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
61

Bike Score - Bikeable

Some bike infrastructure

BC Assessment Value — 12978 Old Yale Road

2026 assessed value, sourced from City of Surrey open data (PID 004-681-266).
Total Assessed Value (2026)
$1,272,100
2026 Value Trend
Land
$1,224,000
Buildings
$48,100
Year Built
N/A
Class
N/A
Zoning
R3
Property Tax
N/A
Year Land Improvements Total Assessed YOY Change
2026 $1,224,000 $48,100 $1,272,100

Mortgage Calculator for 12978 Old Yale Road

/month
Principal & Interest
Property Taxes $427
Maintenance fee 0
A 20% down payment of $209,800 on this $1,049,000 listing yields an estimated mortgage of $4,006/month (30-year fixed, 4%). Total estimated housing cost: $4,433/month, $427 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 $4,219/month in estimated rental income against $4,567/month in mortgage payments, the monthly cashflow is -$348/month. A 27% 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 — Cedar Hills, Surrey

Beds Home Types Square Feet Lot Size Year Built
This Home $1,049,000
Surrey Loading...
Cedar Hills Loading...

Comparable data is unavailable at the neighbourhood level. City-wide in Surrey, similar Single Family Residences average $1,324,000 across 2 active listings — this listing is 20.8% below the Surrey 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 12978 Old Yale Road

Walk Score Badge
Car-Dependent 68

Walk Score - Somewhat Walkable

Some errands can be accomplished on foot
Transit Score Badge
Some Transit 62

Transit Score - Good Transit

Many nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
61

Bike Score - Bikeable

Some bike infrastructure

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