$1,414,888
Sold
Prime investment property in Bear Creek, Surrey BC. This Surrey rental income property generates $8,300/month on a large 7,750 sq ft lot with rear lane access. Cash flow from day one with future redevelopment potential — You could build 2 large duplexes each with legal suites under Surrey's current zoning bylaws. Located in the highly desirable Bear Creek, Surrey — a proven long-term growth corridor with excellent SkyTrain access, top-rated schools, and established amenities nearby. Ideal for investors seeking a Surrey income property with both holding income and land value upside. Whether expanding your Fraser Valley real estate portfolio or entering the market, this Surrey duplex potential property is exceptional. Verify all development details with City of Surrey Planning.
| Basement Finished Area (sqft) | 0 |
|---|---|
| Basement Features | None |
| Appliances Included | Washer/Dryer, Dishwasher, Refrigerator, Stove |
| Fireplace | 1 |
| Heating Type | Baseboard, Hot Water, Natural Gas |
| Laundry | In Unit |
| # of Kitchens | 3 |
| Flooring | Laminate, Mixed, Tile, Carpet |
| Foundation | Concrete Perimeter |
| Exterior Features | Balcony, Private Yard |
|---|---|
| Roof | Asphalt |
| Structures | Residential Detached |
| Price | $1,389,888 |
|---|---|
| Total Bedrooms | 11 |
| Total Bathrooms | 6 |
| Full Bathrooms | 4 |
| Half Bathrooms | 2 |
| Floor Area Total (sqft) | 3965 |
| Year Built | 1990 |
| Age Of Building | 36 |
| Building Type | Single Family Residence |
| Property Type | Residential |
| Stories | 2 |
| Ownership Type | Freehold NonStrata |
| Community Features | Shopping Nearby |
| Utility Type | Electricity Connected, Natural Gas Connected, Water Connected |
| Utility Sewer | Public Sewer, Storm Sewer |
| Water (WaterSource) | Public |
| Parking Type | Additional Parking, Garage Double, Open, Rear Access, Concrete |
| Total Parking Spaces | 8 |
| Rental Suites | Unauthorized Suite |
| Lot Size | 7750 |
|---|---|
| Lot Size Depth | Feet |
| Lot Size Frontage | 59.05 |
| MLS® # | R3129079 |
| Area | Surrey |
| Neighbourhood | Bear Creek Green Timbers |
| City | Surrey |
| Postal Code | V3S 2S3 |
| Gross Taxes | $7,675.43 |
| Zoning | R3 |
| Floor | Type | Dimensions |
|---|---|---|
| Main Level | Flex Room | 17'5 x 17'5 ft |
| Main Level | Living Room | 5'4 x 5'4 ft |
| Main Level | Kitchen | 4'0 x 4'0 ft |
| Main Level | Bedroom | 9'1 x 9'1 ft |
| Main Level | Bedroom | 11'10 x 11'10 ft |
| Main Level | Living Room | 14'4 x 14'4 ft |
| Main Level | Kitchen | 11'4 x 11'4 ft |
| Main Level | Bedroom | 9'1 x 9'1 ft |
| Main Level | Bedroom | 12'1 x 12'1 ft |
| Main Level | Bedroom | 9'10 x 9'10 ft |
| Main Level | Laundry | 15'1 x 15'1 ft |
| Above Level | Living Room | 15'10 x 15'10 ft |
| Above Level | Kitchen | 12'2 x 12'2 ft |
| Above Level | Dining Room | 8'2 x 8'2 ft |
| Above Level | Patio | 12'5 x 12'5 ft |
| Above Level | Primary Bedroom | 12'1 x 12'1 ft |
| Above Level | Walk-In Closet | 4'1 x 4'1 ft |
| Above Level | Bedroom | 13'6 x 13'6 ft |
| Above Level | Bedroom | 11'5 x 11'5 ft |
| Above Level | Bedroom | 9'2 x 9'2 ft |
| Above Level | Patio | 9'2 x 9'2 ft |
| Above Level | Bedroom | 15'10 x 15'10 ft |
| Above Level | Bedroom | 10'8 x 10'8 ft |
| Floor | Ensuite | Pieces |
|---|---|---|
| Main Level | No | #3 |
| Main Level | No | #3 |
| Above Level | No | #4 |
| Above Level | Yes | #3 |
| Above Level | Yes | #2 |
Listed by: Stonehaus Realty Corp.
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
14648 88 Avenue has a sell-speed score of 54/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced in line with comparable active properties in Bear Creek Green Timbers. 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 V3S 2S3, 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 (~6.2 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 |
|---|---|---|---|---|---|
| Year | Land | Improvements | Total Assessed | YOY Change |
|---|---|---|---|---|
| 2026 | $1,108,000 | $291,000 | $1,399,000 | — |
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. This property is flagged as a Hot Deal (Land Value only) based on its competitive pricing and market demand.
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