10612 138 STREET
Surrey, BC V3T4K5
$2,500,000
Property Details
Property & Lot
- Sub-type
- House
- Lot size
- 7,888 square feet
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $6,608.12 (2026)
Interior
- Basement
- None, Unknown
- Heating
- Electric
- Fireplace
- None
Parking
- Total spaces
- 4 — uncovered indicated
- Features
- Open, RV
Listing Information
- MLS®
- R3155423
- Listed
- August 17, 2026
- Time on market
- On the market for 14 days
- Tax assessment year
- 2026
- Data last synced
- August 28, 2026
Listing provided by: eXp Realty of Canada, Inc. · Data source: CREA DDF.
Description
Exceptional development opportunity in the heart of Surrey City Centre! This 2-bedroom, 1-bathroom home sits on a 7888 sq ft lot. Designated 6-storey land assembly area with up to 2.5 FAR potential. Just minutes from Gateway & Surrey Central SkyTrain Stations, SFU Campus, City Hall, T&T, Walmart, Central City Mall, and more. Easy access to King George Blvd, Fraser Hwy & Hwy 1. An ideal investment for future growth--perfectly positioned in a rapidly transforming urban hub! (id:63159)
Values & Trends
This listing
$2,948/sqft
Building average
—
No other active listings in this building
Surrey average
$690/sqft
1844 active listing(s)
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.
Detached (House) Market Stats — Surrey
Monthly figures from the Fraser Valley Real Estate Board for Surrey detached (house)listings — not specific to this property.
MLS® HPI Benchmark Price
$1,325,500
Jul 2026
Average Sale Price
$1,364,812
Jul 2026
Monthly Sales
61
Jul 2026
Active Listings
692
Jul 2026
Sales-to-Active Ratio
9.0%
Jul 2026
Median Days to Contract
43 days
Jul 2026
MLS® HPI Benchmark Price
Source: Fraser Valley Real Estate Board (FVREB).
Location Insights
Weather
Nearest station: Langley
13°C
Clear
Humidity 92%
Wind NW 4 km/h
Today
21°
Tonight
16°
Wednesday
19°
Wednesday night
14°
Thursday
18°
Thursday night
13°
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
48
7/9 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
| School | Type | Distance |
|---|---|---|
| Forsyth Road Elementary | Elementary | 313 m |
| Our Lady of Good Counsel(Independent) | Elementary | 328 m |
| Honour Secondary School(Independent) | Secondary | 384 m |
| Mary Jane Shannon Elementary | Elementary | 1.2 km |
| James Ardiel Elementary | Elementary | 1.2 km |
| Kwantlen Park Secondary | Elementary | 1.3 km |
| Surrey Traditional | Elementary | 1.4 km |
| K B Woodward Elementary | Elementary | 1.4 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
| Stop | Type | Distance |
|---|---|---|
| Eastbound 108 Ave @ 138 St | — | 371 m |
| Westbound 108 Ave @ Whalley Blvd | — | 400 m |
| Eastbound 108 Ave @ Whalley Blvd | — | 411 m |
| Northbound King George Blvd @ 105A Ave | — | 421 m |
| Westbound 104 Ave @ 138A St | — | 436 m |
Nearby Places
Restaurants (5+)
- Manis Pan-Asian Eatery · 10768 Whalley Boulevard357 m
- DONI Korean Restaurant · 10592 King George Boulevard363 m
- Dell Lanes · 10576 King George Boulevard402 m
- Taste of Africa · 10663 King George Boulevard459 m
- Guacamole Mexican Grill · 10671 King George Boulevard476 m
Cafes (3)
- Huyen Cafe · 13551 105A Avenue536 m
- Ken's Tea House · 10692 135A Street538 m
- Starbucks · 10362 King George Boulevard623 m
Grocery (5+)
- Lucky Supermarket · 10628 King George Boulevard342 m
- Surrey Super Market · 13853 104 Avenue418 m
- GG's African Caribbean Market · 10625 King George Boulevard455 m
- Beauty 4 Ashes485 m
- Union Latino's Food · 13569 105A Avenue506 m
Parks (2)
- Forsyth Park · 10632 139 Street292 m
- Tom Binnie Park735 m
Gyms (2)
- Planet Fitness · 10642 King George Boulevard343 m
- Chuck Bailey Recreation Centre · 13458 107A Avenue735 m
Pharmacies (4)
- Pharmasave · 10654 King George Boulevard349 m
- Gain Pharmacy512 m
- East To West Holistic · 14045 104 Avenue633 m
- London Drugs · 10348 King George Boulevard636 m
Banks & ATMs (4)
- Prospera · 13747 104 Avenue425 m
- Sharons Credit Union · 10541 King George Boulevard469 m
- TD · 10435 King George Boulevard588 m
- Vancity · 10293 King George Boulevard784 m
Nearby places data: © OpenStreetMap contributors.
School district: Surrey (SD36)
Similar Listings Nearby
Similar active properties nearby based on property type, price, and size.
Explore More Homes
Mortgage & Ownership Cost Calculator
Minimum required: 20.0% ($500,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
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.





