$1,199,999
Prime development and investment opportunity on a 8,956 sq. ft. R3-zoned lot. Build a single-family home or duplex with garden suite, accommodating a three-level residence (two storey plus basement) with a legal basement suite. Excellent potential for multi-income revenue and long-term appreciation. Situated in a quiet, centrally located neighbourhood with close proximity to schools, shopping, transit, major highways, restaurants, recreation centres, and parks. Ideal for builders and investors seeking a versatile, ready-to-build property. Call for details.
| Structures | Land Only |
|---|
| Price | $1,075,000 |
|---|---|
| Property Type | Land |
| Ownership Type | Freehold NonStrata |
| Community Features | Near Shopping |
| Utility Type | Sanitary Sewer At Lot Line, Storm Sewer At Lot Line, Electricity At Lot Line, Natural Gas At Lot Line, Phone Nearby, Cable Available |
| Water (WaterSource) | Public |
| Lot Size | 8956 |
|---|---|
| Lot Size Depth | Feet |
| Lot Size Frontage | 77.02 |
| MLS® # | R3088045 |
| Area | Surrey |
| Neighbourhood | East Newton |
| City | Surrey |
| Postal Code | V3W 7B5 |
| Gross Taxes | $4,733.85 |
| Zoning | R3 |
Listed by: Sutton Premier Realty & Sutton Premier 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
7881 138 Street 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 East Newton. 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 V3W 7B5, 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 (~4.7 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 |
|---|---|---|---|---|---|
| Year | Land | Improvements | Total Assessed | YOY Change |
|---|---|---|---|---|
| 2026 | $1,264,000 | $0 | $1,264,000 | — |
Based on 2 comparable active properties in East Newton, the average asking price is $1,550,000. This listing is priced 30.6% below the neighbourhood average. This property is flagged as a Hot Deal (10.4% price reduction) based on its competitive pricing and market demand.
Potential Cashback for this listing if you buy with us
Login to track your cashback progress
Buy with us & save on this property
$1,079,000
15079 84 Avenue, Surrey, BC
$1,150,000
7937 124 Street, Surrey, BC
$949,999
13925 64a Avenue, Surrey, BC
7.9% price reduction
$999,900
13525 64 Avenue, Surrey, BC
$1,175,000
7660 156 Street, Surrey, BC
$975,000
15631 77b Avenue, Surrey, BC
$975,000
15639 77b Avenue, Surrey, BC
11.3% price reduction
$975,000
15647 77b Avenue, Surrey, BC
$1,190,000
7671 156a Street, Surrey, BC
$1,285,000
7662 156a Street, Surrey, BC
$1,285,000
7669 157 Street, Surrey, BC
$1,100,000
5965 136a Street, Surrey, BC
