Property Type: Detached HouseOwnership: Freehold

10617 138A STREET

Surrey, BC V3T4L2

$3,000,000

6 bed6 bath6 parking3,144 sqftBuilt 1990
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Property Details

Property & Lot

Sub-type
House
Lot size
7,835 square feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$7,470.3 (2025)

Interior

Basement
Finished, Full
Heating
Baseboard heaters, Oil, Natural gas
Fireplace
None

Parking

Total spaces
6 — covered indicated
Features
Garage, Other

Listing Information

MLS®
R3018190
Listed
June 20, 2025
Time on market
On the market for 438 days
Tax assessment year
2025
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 fully renovated 6-bedroom, 5-bathroom home sits on a 7835 sq ft lot with suite. 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

$954/sqft

Building average

No other active listings in this building

Surrey average

$690/sqft

1857 active listing(s)

Parking: 6 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.

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

$1,793,500
$1,325,500
Aug '21Aug '22Aug '23Aug '24Aug '25Jul '26

Source: Fraser Valley Real Estate Board (FVREB).

Location Insights

Weather

Nearest station: Langley

Mostly Cloudy

18°C

Mostly Cloudy

Humidity 72%

Wind WNW 5 km/h

Today

21°

Tonight

15°

Wednesday

19°

Wednesday night

13°

Thursday

19°

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

SchoolTypeDistance
Forsyth Road ElementaryElementary278 m
Our Lady of Good Counsel(Independent)Elementary284 m
Honour Secondary School(Independent)Secondary422 m
Mary Jane Shannon ElementaryElementary1.2 km
James Ardiel ElementaryElementary1.3 km
Kwantlen Park SecondaryElementary1.4 km
Surrey TraditionalElementary1.4 km
Lena Shaw ElementaryElementary1.4 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

StopTypeDistance
Eastbound 108 Ave @ 138 St373 m
Westbound 108 Ave @ Whalley Blvd420 m
Westbound 104 Ave @ 138A St428 m
Eastbound 108 Ave @ Whalley Blvd442 m
Eastbound 104 Ave @ 139 St459 m

Nearby Places

Restaurants (5+)

  • Manis Pan-Asian Eatery · 10768 Whalley Boulevard395 m
  • DONI Korean Restaurant · 10592 King George Boulevard425 m
  • Dell Lanes · 10576 King George Boulevard464 m
  • Taste of Pho · 13979 140 Street490 m
  • King Do Seafood Restaurant · 13922 104 Avenue492 m

Cafes (3)

  • Ken's Tea House · 10692 135A Street598 m
  • Huyen Cafe · 13551 105A Avenue598 m
  • Starbucks · 10362 King George Boulevard664 m

Grocery (5+)

  • Lucky Supermarket · 10628 King George Boulevard405 m
  • Surrey Super Market · 13853 104 Avenue408 m
  • GG's African Caribbean Market · 10625 King George Boulevard517 m
  • Beauty 4 Ashes545 m
  • Union Latino's Food · 13569 105A Avenue568 m

Parks (3)

  • Forsyth Park · 10632 139 Street231 m
  • Hawthorne Rotary Park · 10513 144 Street796 m
  • Tom Binnie Park798 m

Gyms (2)

  • Planet Fitness · 10642 King George Boulevard405 m
  • Chuck Bailey Recreation Centre · 13458 107A Avenue797 m

Pharmacies (4)

  • Pharmasave · 10654 King George Boulevard411 m
  • Gain Pharmacy573 m
  • East To West Holistic · 14045 104 Avenue588 m
  • London Drugs · 10348 King George Boulevard671 m

Banks & ATMs (3)

  • Prospera · 13747 104 Avenue450 m
  • Sharons Credit Union · 10541 King George Boulevard530 m
  • TD · 10435 King George Boulevard640 m

Nearby places data: © OpenStreetMap contributors.

School district: Surrey (SD36)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($600,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$2,400,000.00
Periodic payment — Principal & Interest (monthly)$15,483.99
Additional monthly expenses (strata, tax, utilities, etc.)$779.53
Total monthly cost$16,263.51
Interest paid over 5-yr term$687,846.90
Balance at end of term$2,158,807.76

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$600,000
Stress test qualifying rate8.09%
Payment you must qualify for$18,455.16

Cash Needed at Closing

Minimum down payment$600,000
Estimated BC PTT$68,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$669,500

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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