Home > All listings > 11525 140 Street

$2,999,000

^$150,000

11525 140 Street

Bolivar Heights, Surrey, BC, V3R 3G9

10 | 9 | 10 | 7,223 sq.ft. | Year Built: 2024 |

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New Luxury home w/ Modern ext on 1/4 acre in quiet neighbourhood. Built by a local, experienced builder, this grand residence is for a family looking for Space. Opulent interior design, high ceilings, A/C in Open concept living: masterpc fireplace in prestigious living/dining, gourmet kitchen w/ high end appliances leads to a 2nd chef's kitchen! Main floor has 2 bedrms, 2 bathrms perfect for in-laws + caretaker. Top floor boasts 2 spacious master bdrms with views (1 w/ balcony)+ 2 exquisitely finished bdrms (w/ walk-in closets & ensuited), & open flex space. 3 car garage, parking for 7 cars in driveway + security system. The lower level has a entertainer's media rm, powder rm, 2 income generating suites Each w/ 2 bedrms, 1 bth w/ heated fl, full kitchen, laundry, alarm, separate yards.

Property Info

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MLS®: R3015422

Listing Courtesy of Rennie & Associates Realty Ltd.

Total Bedrooms 10

Total Bathrooms 9

Floor Space 7223 sq.ft.

Lot Size 11440 sq.ft.

Title Type Freehold NonStrata

Style 1 1/2 Storey

Date Listed XXXX-XX-XX

Property Type House

Listed Price $2,999,000

Unit Pricing $415/sq.ft.

Strata Fee $0.00

Tax Estimate $8,785/Year

Year Built 2024

Rooms

Main Foyer 11'11 * 11'3

Main Living Room 23'7 * 21'8

Main Dining Room 16'6 * 14'3

Main Kitchen 22'2 * 15'0

Main Wok Kitchen 15'3 * 10'8

Main Family Room 21'7 * 17'7

Main Bedrooms 13'7 * 11'6

Main Bedrooms 15'6 * 15'4

Above Flex Room 18'1 * 13'10

Above Primary Bedroom 20'0 * 15'8

Above Walk-In Closet 10'5 * 8'8

Above Primary Bedroom 17'0 * 15'0

Above Walk-In Closet 10'5 * 8'8

Above Bedrooms 15'11 * 13'10

Above Walk-In Closet 7'5 * 5'8

Above Bedrooms 14'11 * 12'0

Above Walk-In Closet 5'0 * 5'0

Above Patio 22'11 * 7'8

Above Laundry 10'4 * 5'9

Below Media Room 23'5 * 17'10

Below Mud Room 12'6 * 9'5

Below Bar Room 11'0 * 9'4

Below Living Room 14'9 * 11'0

Below Kitchen 12'0 * 8'9

Below Bedrooms 11'7 * 10'0

More Details

Storey 3

Floor Space Finished 7223.00 sq.ft.

Roof XXXXXXXXXXXXXXXX

Zoning SF

Floor Finish XXXXXXXXXXXXXXXXXXXXXXXXXXXXX

Exterior Finish XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX

Out Door Area XXXXXXXXXX

Parking Garage Triple, Front Access, Paver Block

Parking Cover 3

Parking Total 10

Fuel Heating Mixed, Natural Gas, Radiant

Water Supply XXXXXX

Foundation Concrete Perimeter

Summary

Location and General Information

MLS Area Major: North Surrey
Street Name: 140
City: Surrey
State Or Province: BC
Postal Code: V3R 3G9
Property Type: Residential
Property Sub Type: Single Family Residence

Taxes and HOA Information

Tax Year: 2024

Interior and Exterior Features

Bathrooms Information

Bathrooms Full: 7
Bathrooms Half: 2

Interior Features

Fireplaces Total: 1
Flooring: Hardwood, Laminate, Tile, Carpet
Basement: Finished

Exterior Features

Exterior Features: Balcony
Roof: Asphalt, Torch-On

Property

Utilities

Sewer: Public Sewer
Water Source: Public

Property and Assessments

Foundation Details: Concrete Perimeter
Year Built: 2024
Lot Size Square Feet: 11440
Building Area Total: 7223
Living Area: 7223

Lot Information

Parcel Number: 005720532

Sold History

Selling

R3015422 House Jun 16, 2025 Listed $3,149,000

R2987632 House May 29, 2025 Removed $3,298,000

R2906349 House Jan 31, 2025 Removed $3,468,000

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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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