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$5,888,000

1262 176 Street

Hazelmere, Surrey, BC, V3Z 9S5

5 | 7 | 10 | 3,322 sq.ft. | Year Built: 1980 |

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You can’t afford to miss on this rare combination offering with $500,000+ INCOME POTENTIAL) on ~8 acres +LUXURIOUS ~3,500 Sq Ft house offering RESORT lifestyle - POOL, HOT TUB, Sunroom. PRIME 502 ft frontage on Hwy 15/176th w 2 SEPARATE ADDRESSES & 2 SEPARATE ENTRANCES. Featuring 110,000 sqft of METAL FRAME DOUBLE POLY GREENHOUSES, PROFITABLE GARDEN CENTRE, multiple OUTBUILDINGS, 7,200 sqft SHIPPING FACILITY/WAREHOUSE w loading docks, detached 1,000 sqft approved GROCERY STORE & 6,000 sqft SHOP. POTENTIAL $500K ANNUAL INCOME from Parking, Garden Cente, Metal Shop, Store, Warehouse, Greenhouse & Garage. Stunning 5 BED/6 BATH ~3,500 sqft RANCHER boasts 2 MASTER BEDS on MAIN & top-tier renovations. BONUS MORTGAGE HELPER or LIVE IN STAFF SUITE above warehouse.

Property Info

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MLS®: R3015109

Listing Courtesy of eXp Realty of Canada Inc.

Total Bedrooms 5

Total Bathrooms 7

Floor Space 3322 sq.ft.

Lot Size 8 sq.ft.

Title Type Freehold NonStrata

Date Listed XXXX-XX-XX

Property Type House

Listed Price $5,888,000

Unit Pricing $1,772/sq.ft.

Strata Fee $0.00

Tax Estimate $1,617/Year

Year Built 1980

Interior Features

Rooms

Main Living Room 18'8 * 15'7

Main Foyer 13'6 * 5'2

Main Kitchen 24'3 * 10'7

Main Dining Room 13'8 * 8'0

Main Family Room 16' * 13'8

Main Recreation Room 15'8 * 10'7

Main Primary Bedroom 15'8 * 14'5

Main Bedrooms 11'5 * 9'9

Main Bedrooms 12'0 * 10'7

Main Bedrooms 11'5 * 11'0

Main Mud Room 18'2 * 5'7

Main Solarium 23'4 * 22'6

Main Storage 6'8 * 4'3

Main Flex Room 15'8 * 11'9

Main Walk-In Closet 11'5 * 6'2

Main Bedrooms 10' * 10'

Main Kitchen 10' * 10'

More Details

Storey 1

Floor Space Finished 3322.00 sq.ft.

Roof XXXXXXX

Zoning A-1

Floor Finish XXXXXXXXXXXXXXX

Exterior Finish XXXXXXXXXXXXXXXXXXXXXX

Out Door Area XXXXXXXXXX

Parking Additional Parking, Detached, Open, Front Access, Garage Door Opener

Parking Cover 2

Parking Total 10

Fuel Heating Baseboard, Hot Water

Water Supply XXXXXXXXXXXXXXXXXXXXXX

Foundation Concrete Perimeter

Summary

Location and General Information

Architectural Style: Rancher/Bungalow
MLS Area Major: South Surrey White Rock
Street Name: 176
City: Surrey
State Or Province: BC
Postal Code: V3Z 9S5
Year Built Effective: 2021
Property Type: Residential
Property Sub Type: Single Family Residence

Taxes and HOA Information

Tax Year: 2024

Interior and Exterior Features

Bathrooms Information

Bathrooms Full: 6
Bathrooms Half: 1

Interior Features

Fireplaces Total: 1
Flooring: Wall/Wall/Mixed
Basement: Crawl Space
Interior Features: Guest Suite, Storage, Vaulted Ceiling(s)

Exterior Features

Exterior Features: Balcony, Private Yard
Roof: Asphalt
Pool Features: Outdoor Pool

Property

Utilities

Sewer: Septic Tank
Water Source: Sandpoint, Well Drilled

Property and Assessments

Foundation Details: Concrete Perimeter
Year Built: 1980
Year Built Effective: 2021
Lot Size Square Feet: 346737.6
Building Area Total: 3322
Living Area: 3322

Lot Information

Lot Features: Central Location, Near Golf Course, Private, Recreation Nearby
Parcel Number: 011212489

Sold History

Selling

R3015109 House Jun 13, 2025 Listed $5,888,000

R3000944 House Jun 11, 2025 Removed $5,999,900

R2905092 House May 9, 2025 Removed $6,399,900

R2771713 House Jun 14, 2023 Sold $4,725,000

R2750097 House Apr 26, 2023 Removed $4,988,000

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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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