Attention Builders & Developers! Rare opportunity to acquire a large 9,470 sq ft corner lot in a desirable neighbourhood. Zoned R3, offering strong potential for redevelopment, including possible subdivision or duplex potential (buyer to verify with City of Surrey). The existing home offers 3 bedrooms and 2 bathrooms upstairs with an additional 3-bedroom suite below, generating approximately $4,600/month in rental income. The furnace and hot water tank are two years old. The property is tenanted—offering an excellent opportunity for investors, builders, or future redevelopment.
Property Type:
Residential
Dwelling Type:
Single Family Residence
Home Style:
One Level
Ownership:
Freehold NonStrata
Year built:
1951
(Age: 75)
Living Area:
2,458 sq. ft.228 m2
Building Area - Total:
2,458 sq. ft.228 m2
Levels:
One
Bedrooms:
6
(Above Grd: 3)
Bathrooms:
3.0
(Full:3/Half:0)
Taxes:
$5,497.76 /
2025
Lot Area:
9,470 sq. ft.880 m2
Lot Frontage:
74'22.6 m
Lot Details:
74 x 128
Outdoor Area:
Fenced
Plan:
NWP11828
Construction Materials:
Frame Wood, Mixed (Exterior)
No. Floor Levels:
1.0
Floor Area Fin - Above Main:
0 sq. ft.0 m2
Floor Area Fin - Above Main 2:
0 sq. ft.0 m2
Floor Area Fin - Main:
1,280 sq. ft.119 m2
Floor Area Fin - Total:
2,458 sq. ft.228 m2
Fireplaces:
0
Parking Features:
Front Access, Asphalt
Parking Total/Covered:
6 / 1
Driveway:
Asphalt Parking
Private Yard
Laundry In Unit
2
Dishwasher, Refrigerator, Laundry In Unit
Washer/Dryer, Dishwasher, Refrigerator, Stove
In Unit
Age Restrictions:
No
Tax Utilities Included:
false
Home Owners Association:
No
Land Lease:
No
Utilities:
Electricity Connected, Natural Gas Connected, Water Connected
Electricity:
Yes
Sewer:
Public Sewer, Sanitary Sewer
View of front of property with a front lawn, asphalt driveway, and roof with shingles
Data was last updated April 21, 2026 at 12:35 AM (UTC)
Area Statistics
Listings on market:
104
Avg list price:
$1,278,700
Min list price:
$265,000
Max list price:
$3,000,000
Avg days on market:
53
Min days on market:
4
Max days on market:
500
Avg price per sq.ft.:
$571.28
These statistics are generated based on the current listing's property type
and located in
Bolivar Heights. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.