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$11,998,600

18208 92 Avenue

Port Kells, Surrey, BC, V4N 3Y8

5 | 6 | 20 | 8,828 sq.ft. | Year Built: 2004 |

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DEVELOPERS ALERT!! LOCATED NEAR HWY 1, HWY 15 & 96TH. 5 Acres in the desirable Port Kells location and located in future medium-high density cluster zoning in the ANNIEDALE-TYNEHEAD NCP. Bill 44 could allow for higher density! Incredible 9,500+ square foot luxury estate with exquisite wood and beam accents contributing to its Whistler cabin design. The home features an open concept kitchen, natural light and an oversized primary bedroom with a double sided fireplace, his/her closets and a walkout balcony with views of the pastures. Not to mention, the property has several top end amenities including A OUTDOOR POOL, LARGE DETACHED WORKSHOP, SECOND DETACHED SHOP, TRIPLE CAR GARAGE AND SAUNA ROOM. Please associated documents for information on this incredible investment opportunity.

Property Info

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MLS®: R3022526

Listing Courtesy of Royal LePage - Wolstencroft

Total Bedrooms 5

Total Bathrooms 6

Floor Space 8828 sq.ft.

Lot Size 5 sq.ft.

Title Type Freehold NonStrata

Style 1 1/2 Storey

Date Listed XXXX-XX-XX

Property Type House

Listed Price $11,998,600

Unit Pricing $1,359/sq.ft.

Strata Fee $0.00

Tax Estimate $6,029/Year

Year Built 2004

Rooms

Main Living Room 17'4 * 22'11

Main Kitchen 25'7 * 12'0

Main Family Room 17'9 * 24'0

Main Office 12'10 * 8'2

Main Dining Room 13'7 * 22'11

Main Nook 23'7 * 11'5

Above Primary Bedroom 22'11 * 19'8

Above Walk-In Closet 14'11 * 9'4

Above Walk-In Closet 15'6 * 11'9

Above Bedrooms 11'3 * 11'7

Above Bedrooms 14'11 * 11'2

Above Bedrooms 14'11 * 11'6

Bsmt Office 17'5 * 11'8

Bsmt Recreation Room 30'5 * 22'5

Bsmt Office 11'9 * 11'2

Bsmt Storage 16'0 * 23'4

Bsmt Sauna 9'3 * 5'8

Bsmt Storage 20'7 * 18'3

Bsmt Storage 7'0 * 27'11

More Details

Storey 2

Floor Space Finished 8828.00 sq.ft.

Roof XXXXXXX

Zoning A-1

Floor Finish XXXXXXXXXXXXXXXXXXXX

Exterior Finish XXXXXXXXXXXXXXXXXXXXXX

Out Door Area XXXXXXXXXX

Parking Garage Triple, Front Access

Parking Cover 4

Parking Total 20

Fuel Heating Forced Air, Natural Gas

Water Supply XXXXXXXXXXXX

Foundation Concrete Perimeter

Summary

Location and General Information

MLS Area Major: North Surrey
Street Name: 92
City: Surrey
State Or Province: BC
Postal Code: V4N 3Y8
Property Type: Residential
Property Sub Type: Single Family Residence

Taxes and HOA Information

Tax Year: 2023

Interior and Exterior Features

Bathrooms Information

Bathrooms Full: 5
Bathrooms Half: 1

Interior Features

Fireplaces Total: 4
Flooring: Hardwood, Tile, Carpet
Basement: Finished

Exterior Features

Exterior Features: Balcony
Roof: Asphalt
Pool Features: Outdoor Pool

Property

Utilities

Sewer: Septic Tank, Sanitary Sewer, Storm Sewer
Water Source: Well Drilled

Property and Assessments

Foundation Details: Concrete Perimeter
Year Built: 2004
Lot Size Square Feet: 217800
Building Area Total: 9512
Living Area: 8828

Lot Information

Parcel Number: 011149311

Sold History

Selling

R3022526 House Jul 3, 2025 Listed $11,998,600

R2821386 House Nov 1, 2024 Removed $15,998,600

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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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