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$3,999,999

13851 115 Avenue

Bolivar Heights, Surrey, BC, V3R 5Y3

4 | 4 | 9 | 3,219 sq.ft. | Year Built: 1984 |

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Court-Ordered Sale! Exciting opportunity for developers: six approved view lots totaling 1.86 acres, with services already at the lot line. Lots range from 6,027 to 18,567 square feet, making this a prime location for building. All preliminary work is complete, and we’re ready for the fourth reading. Enjoy convenient access to all of Metro Vancouver, just minutes from Surrey City Centre, and within walking distance to both elementary and secondary schools. Don't miss out on this exceptional investment!

Property Info

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MLS®: R2929416

Listing Courtesy of Sutton Premier Realty

Total Bedrooms 4

Total Bathrooms 4

Floor Space 3219 sq.ft.

Lot Size 2 sq.ft.

Title Type Freehold NonStrata

Style 1 1/2 Storey

Date Listed XXXX-XX-XX

Property Type House

Listed Price $3,999,999

Unit Pricing $1,243/sq.ft.

Strata Fee $0.00

Tax Estimate $15,236/Year

Year Built 1984

Rooms

Main Living Room 20'5 * 13'4

Main Dining Room 13' * 10'5

Main Family Room 20' * 13'4

Main Kitchen 13'4 * 11'

Main Eating Area 13'4 * 9'

Main Den 13'6 * 8'8

Main Games Room 13'3 * 12'2

Above Primary Bedroom 14'5 * 12'3

Above Walk-In Closet 7'6 * 6'1

Above Bedrooms 14'5 * 9'4

Above Bedrooms 10'8 * 9'4

Bsmt Living Room 15' * 11'

Bsmt Kitchen 5' * 6'

Bsmt Bedrooms 19'6 * 13'

Bsmt Laundry 15'4 * 14'

More Details

Storey 3

Floor Space Finished 3219.00 sq.ft.

Roof XXXXXXX

Zoning RF

Exterior Finish XXXXXXXXXXXXXXXXXXXXXXXXXXX

Out Door Area XXXXXXXXXX

Parking Garage Double, Front Access

Parking Cover 2

Parking Total 9

Fuel Heating Forced Air

Water Supply XXXXXX

Foundation Concrete Perimeter

Summary

Location and General Information

Architectural Style: 3 Level Split
MLS Area Major: North Surrey
Street Name: 115
City: Surrey
State Or Province: BC
Postal Code: V3R 5Y3
Property Type: Residential
Property Sub Type: Single Family Residence

Taxes and HOA Information

Tax Year: 2023

Interior and Exterior Features

Bathrooms Information

Bathrooms Full: 3
Bathrooms Half: 1

Interior Features

Fireplaces Total: 2
Basement: Finished

Exterior Features

Roof: Asphalt

Property

Utilities

Sewer: Public Sewer, Storm Sewer
Water Source: Public

Property and Assessments

Foundation Details: Concrete Perimeter
Year Built: 1984
Lot Size Square Feet: 81021.6
Building Area Total: 3219
Living Area: 3219

Lot Information

Lot Features: Central Location, Recreation Nearby
Parcel Number: 002328691

Sold History

Selling

R2929416 House Sep 25, 2024 Listed $3,999,999

R2844824 House Mar 15, 2024 Sold $3,900,000

R2832618 House Jan 26, 2024 Removed $4,750,000

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City Introduction

Overview of Surrey, BC, Canada

Population

Surrey is an important city in the Greater Vancouver region of British Columbia, with a population of approximately 682,000 (2024 data). Surrey is a multicultural city, with about 45% of residents belonging to visible minorities, including a significant South Asian community (26.1%) and a Chinese community (9%). Additionally, around 56% of residents speak a primary language other than English, reflecting its cultural diversity.

Economy

Key Industries: Healthcare, technology, retail, and logistics. The Surrey government has invested over CAD 16 billion in developing the healthcare and technology sectors, aiming to make Surrey a medical research hub in Canada.
Commercial Centers: Surrey's commercial areas are mainly concentrated in the downtown and surrounding regions, attracting both consumers and investors.
Educational Resources: Surrey is home to several high-quality schools and training institutions, such as Simon Fraser University (SFU) and Kwantlen Polytechnic University (KPU), contributing to a skilled workforce and fostering innovation.

Living Features

Natural Environment: Surrey boasts abundant natural landscapes, including numerous community parks and recreational centers, ideal for outdoor activities.
Transportation: Surrey is well-connected to downtown Vancouver via SkyTrain and bus systems, with a commute time of about 30 minutes.
Multiculturalism: The city's diverse communities and cultural events make it an inclusive and vibrant place to live.

Real Estate Investment

Prices: Surrey's housing prices are relatively moderate compared to Vancouver, with detached homes averaging $1.5 million CAD and condos around $700,000 CAD (2024).

Opportunities:

Stable rental market: Surrey's universities and job opportunities attract a steady stream of renters, ensuring high rental yields.
Long-term growth potential: Proximity to downtown Vancouver and ongoing infrastructure projects support sustained property value growth.

Risks:

Foreign buyer taxes (20%) and vacancy taxes may increase investment costs.
Rapid price increases in some areas require careful timing for investments.

Verdict

Surrey is ideal for those seeking a high quality of life and long-term investment. Popular residential areas include the downtown core and surrounding neighborhoods, while properties near transportation hubs are attractive for investors.

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