Property Type: DuplexOwnership: Strata

10430 140B STREET

Surrey, BC V3T4P1

$1,330,000

3 bed2 bath3 parking1,285 sqftBuilt 1977
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Property Details

Property & Lot

Sub-type
Duplex
Lot size
5,737 square feet

Ownership & Fees

Property type
Duplex
Ownership
Strata
Strata / maintenance fee
$0/mo
Annual property tax
$5,086.84 (2025)

Interior

Basement
None, Unknown
Heating
Baseboard heaters, Electric
Fireplace
Yes (1)

Parking

Total spaces
3 — uncovered indicated
Features
Open

Listing Information

MLS®
R3154657
Listed
August 12, 2026
Time on market
On the market for 19 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Royal LePage Global Force Realty · Data source: CREA DDF.

Description

Exceptional development opportunity in North Surrey! This property at 10430 140B Street comes with a PLA-approved conditional application for a proposed six-storey building with 95 condominium units, offering an exciting opportunity for builders and developers to capitalize on a prime development site. The property currently features a rancher generating $2,600/month in rental income, providing holding income while moving forward with the development process. Ideal location with convenient access to transit, schools, shopping, major routes and the growing amenities of North Surrey. A rare opportunity to acquire a property with significant future development potential and income in place. Buyers and their representatives to verify all development details with City Hall. (id:63159)

Values & Trends

This listing

$1,035/sqft

Building average

No other active listings in this building

Surrey average

$566/sqft

115 active listing(s)

Parking: 3 stall(s) includedStorage locker: Not indicated

Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.

Location Insights

Weather

Nearest station: Langley

Mainly Clear

16°C

Mainly Clear

Humidity 78%

Wind S 3 km/h

Tonight

14°

Tuesday

21°

Tuesday night

16°

Wednesday

19°

Wednesday night

14°

Thursday

17°

Source: Environment and Climate Change Canada.

Population

568,322

(2021 Census)

+9.7% since 2016

Density: 1,797.9/km²

Dwellings: 195,098

Median household income: $98,000

After-tax: $87,000

Immigrant population: 44.6%

Top countries of origin (% of total population)

  • India16.9% · 95,905
  • Philippines5.2% · 29,510
  • China4.2% · 23,850
  • United Kingdom1.5% · 8,320
  • Korea, South1.2% · 6,995
  • Viet Nam1.1% · 6,425
  • Pakistan1% · 5,710
  • Taiwan1% · 5,540

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

44

6/9 categories nearby

Transit

33

5 stop(s) within 800m

How this is calculated

Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.

Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.

Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.

Nearby Schools

SchoolTypeDistance
Our Lady of Good Counsel(Independent)Elementary343 m
Forsyth Road ElementaryElementary707 m
Honour Secondary School(Independent)Secondary766 m
Mary Jane Shannon ElementaryElementary825 m
Lena Shaw ElementaryElementary862 m
Guildford Park SecondaryElementary1.2 km
Hjorth Road ElementaryElementary1.4 km
Ellendale ElementaryElementary1.6 km

Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.

Nearby Transit

StopTypeDistance
Eastbound 104 Ave @ 140 St153 m
Westbound 104 Ave @ 140 St210 m
Westbound 104 Ave @ 142 St217 m
Eastbound 104 Ave @ 142 St282 m
Eastbound 104 Ave @ 139 St397 m

Nearby Places

Restaurants (4)

  • Taste of Pho · 13979 140 Street189 m
  • King Do Seafood Restaurant · 13922 104 Avenue352 m
  • Zugba Flame Grilled Chicken · 14351 104 Avenue557 m
  • Phở Hòa · 14357 104 Avenue618 m

Cafes (3)

  • Tasty Sandwiches & Desserts564 m
  • Four Seasons565 m
  • Jazen Tea599 m

Grocery (2)

  • Surrey Super Market · 13853 104 Avenue457 m
  • Hen Long Market · 14351 104 Avenue553 m

Parks (3)

  • Hawthorne Rotary Park · 10513 144 Street455 m
  • Cedar Grove Park470 m
  • Forsyth Park · 10632 139 Street520 m

Pharmacies (1)

  • East To West Holistic · 14045 104 Avenue93 m

Banks & ATMs (1)

  • Prospera · 13747 104 Avenue694 m

Nearby places data: © OpenStreetMap contributors.

School district: Surrey (SD36)

Mortgage & Ownership Cost Calculator

Minimum required: 8.1% ($108,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,064,000.00
Periodic payment — Principal & Interest (monthly)$6,864.57
Additional monthly expenses (strata, tax, utilities, etc.)$487.90
Total monthly cost$7,352.47
Interest paid over 5-yr term$304,945.46
Balance at end of term$957,071.44

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$108,000
Stress test qualifying rate8.09%
Payment you must qualify for$9,396.75

Cash Needed at Closing

Minimum down payment$108,000
Estimated BC PTT$24,600
Legal / closing costs (typical estimate)$1,500
Total cash needed$134,100

Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.

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