2 hours on Market

12841 98 AVENUE, Surrey, British Columbia V3T1B1

Detached
7
4
~2425 sqft
$1,249,953
Get pre-qualifiedPowered by nesto
Detached
7
4
~2425 sqft

Contact us about this property

Call

Highlights

Property Estimate

Days on market2 hours

Estimated valueNot available

Price/Sqft$515/sqft

Monthly cost

Open Calculator

Description

Investors, builders, and first-time home buyers, this is a great opportunity to own an 8,835 sq ft lot in a prime Surrey location with strong development potential for a 4-plex or 6-plex (buyer to verify with the City of Surrey). The existing home is well kept and offers good rental income, with 3 bedrooms and 2 bathrooms upstairs, plus (3+1)-bedroom suites and an extra room downstairs that can be used as an office or additional rental space. The property is in a convenient area close to schools, shopping, and public transportation, making it attractive for tenants. With potential good rental income, this is a solid option for investors looking for both current income and future redevelopment potential. Call today to book a showing. (id:39198)


Property Details

StyleHouse
View-
Age of property1988
SqFt~2425 SqFt
Lot Size-
Parking Spaces8
MLS ®NumberR3119661
Community NameWhalley
Data SourceCREA
Listing byGilco Real Estate Services

Features

Heating: Forced air
Basement: Finished, Full, Unknown

Parking

Garage spaces -

Garage type -

Total parking spaces 8


Property History

May 6, 2026
ListedActive
$1,249,953
2 hours on market
history photo preview30
Listing by crea®
Property listed by Gilco Real Estate Services, Brokerage
Agent Banner Image
Interested in this property?Get in touch to get the inside scoop.

Population and Demographics

Overview

Total population 115678
Average household income $109,568

Age (%)

0 to 19
20%
20 to 34
29%
35 to 49
20%
50 to 64
18%
65 and plus
13%

Household composition (%)

Single family
57%
Single person
29%
Multi person
11%
Multi family
2%

Mother tongue (%)

English
39%
Punjabi (Panjabi)
32%
Tagalog (Pilipino, Filipino)
5%
Hindi
4%
Mandarin
3%
Others
2%
Spanish
2%
Yue (Cantonese)
2%
Vietnamese
1%
Arabic
1%

House tenancy (%)

Owners
54%
Renters
46%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget

Powered by:
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.