Home > All listings > 13851 115 Avenue

$3,600,000

13851 115 Avenue

Bolivar Heights, Surrey, BC, V3R 5Y3

0 | 0 | 0 sq.ft. |

Estimate Mortgage Payments

COURT ORDERED SALE. 13851 115 Avenue, Surrey, BC - A 1.86 acre property with a single family home in place approved at 3rd reading for a 6-lot residential subdivision with PLA in place. Colliers presents a rare development opportunity to purchase a boutique development property with favourable zoning that supports low-risk, single family residential development. The property offers flexibility for a range of housing forms, including single-family or small-scale multi-unit residential options. Set in a highly desirable, park-like environment, the site backs onto a greenway along the north side, providing natural views and enhanced livability. An excellent opportunity for builders and investors seeking a well-located site with strong development fundamentals and long-term value.

Property Info

Access of some data (XXXXX) is restricted for unregistered users according to the real estate board. Please sign up (Free) / log in to unblur the data.

MLS®: R3095769

Listing Courtesy of Colliers

Floor Space 0 sq.ft.

Lot Size 2 sq.ft.

Title Freehold NonStrata

Date Listed XXXX-XX-XX

Property Type Other

Listed Price $3,600,000

Unit Pricing $3,600,000/sq.ft.

Strata Fee $0.00

Tax Estimate $15,690/Year

More Details

Floor Space Finished 0.00 sq.ft.

Zoning RA

Water Supply XXXXX

Summary

Location and General Information

MLS Area Major: North Surrey
Street Name: 115
City: Surrey
State Or Province: BC
Postal Code: V3R 5Y3
Property Type: Land

Taxes and HOA Information

Tax Year: 2025

Interior and Exterior Features

Interior Features

Exterior Features

Property

Utilities

Water Source: Other

Property and Assessments

Lot Size Square Feet: 81021.6

Lot Information

Parcel Number: 002328691

Sold History

Selling

R3095769 Other Mar 3, 2026 Listed $3,600,000

R2929416 House Nov 1, 2025 Removed $3,999,999

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

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

MAP & Nearby Facilities

Map

Street

Nearby Facilities

Public Transit ({{ nearByFacilities.transits? nearByFacilities.transits.length:0 }})

Location/City	Transportation	TransportationType	Distance
	{{ item.network }}	{{ item.stop_type}}	{{ item.distance }}

SuperMarket ({{ nearByFacilities.supermarkets? nearByFacilities.supermarkets.length:0 }})

Location/City	Type	Distance
	{{ item.type}}	{{ item.distance }}

Hospital ({{ nearByFacilities.hospitals? nearByFacilities.hospitals.length:0 }})

Location/City	Type	Distance
	{{ item.type}}	{{ item.distance }}

Other ({{ nearByFacilities.pois? nearByFacilities.pois.length:0 }})

Location/City	Type	Distance
	{{ item.type}}	{{ item.distance }}

School Catchments

School Name	Type	Grades	Catchment	Distance
	{{ item.school_type }}	{{ item.school_grades }}	{{ item.is_catchment? 'In Catchment': '' }}	{{ item.distance }}

Market Trends

Mortgage Calculator

Purchase price

Mortgage amount

Down payment

Percent

Amortization

Interest rate

Estimated Payments

$

Weekly Bi Weekly Semi Monthly Monthly

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.

Nearby Similar Active listings

Nearby Open House listings

Nearby Price Reduced listings

Nearby Similar Listings Closed

MLS Listing Browsing History

Favourites

View Map