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Prime South Surrey redevelopment opportunity! 2,100 sq ft home on a flat 7,183 sq ft lot with sunny south-facing rear yard and valuable back lane access. Designated R3, this property may permit up to 6 units. Incredible potential for builders, investors, and multi-generational living buyers. Ideally situated near elementary and high schools, hospital, Uptown White Rock and transit. CMHC financing programs may offer attractive options for qualifying 5+ unit rental projects. Buyers should verify all development potential, zoning, density, servicing, and CMHC qualification requirements directly with the City of Surrey and Canada Mortgage and Housing Corporation. Contact your realtor today to explore the exceptional value and future potential of this property!
| Basement Finished Area (sqft) | 901 |
|---|---|
| Basement Features | Full |
| Fireplace | 1 |
| Heating Type | Forced Air, Natural Gas |
| # of Kitchens | 0 |
| Foundation | Concrete Perimeter |
| Exterior Features | Garden |
|---|---|
| Roof | Asphalt |
| Structures | Residential Detached |
| Price | $1,449,000 |
|---|---|
| Total Bedrooms | 3 |
| Total Bathrooms | 3 |
| Full Bathrooms | 3 |
| Half Bathrooms | 0 |
| Floor Area Total (sqft) | 2123 |
| Year Built | 1980 |
| Age Of Building | 46 |
| Building Type | Single Family Residence |
| Property Type | Residential |
| Architecture Style | Split Entry |
| Stories | 2 |
| Ownership Type | Freehold NonStrata |
| Utility Type | Community, Electricity Connected, Natural Gas Connected, Water Connected |
| Utility Sewer | Public Sewer, Sanitary Sewer |
| Water (WaterSource) | Public |
| Parking Type | Garage Double, Front Access, Concrete |
| Total Parking Spaces | 6 |
| Lot Size | 7183 |
|---|---|
| Lot Size Depth | Feet |
| Lot Size Frontage | 59.85 |
| MLS® # | R3121687 |
| Area | South Surrey White Rock |
| Neighbourhood | King George Corridor |
| City | Surrey |
| Postal Code | V4A 6A7 |
| Gross Taxes | $5,334.64 |
| Zoning | R3 |
| Floor | Type | Dimensions |
|---|---|---|
| Main Level | Other | 1' x 1' ft |
| Main Level | Other | 1' x 1' ft |
| Main Level | Bedroom | 0' x 0' ft |
| Main Level | Bedroom | 0' x 0' ft |
| Basement Level | Bedroom | 0' x 0' ft |
| Floor | Ensuite | Pieces |
|---|---|---|
| Main Level | No | #3 |
| Main Level | No | #3 |
| Basement | No | #3 |
Listed by: RE/MAX Colonial Pacific Realty & RE/MAX Colonial Pacific 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.
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
15342 21 Avenue has a sell-speed score of 50/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 2.7% below comparable active properties in King George Corridor, which is a strong competitive signal. 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 V4A 6A7, 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 4.6 µg/m³ — meets WHO 2021 guideline (BC ENV 2024). Nearest station: Surrey East, Surrey (~12.7 km). Annual avg AQHI 1.8 — 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 | $1,298,000 | $37,500 | $1,335,500 | — |
Based on 6 comparable active Single Family Residences in King George Corridor, the average asking price is $1,442,333. This listing is priced 0.5% above the neighbourhood average.
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