10618 137A STREET
Surrey, BC V3T4J6
$2,750,000
Property Details
Property & Lot
- Sub-type
- House
- Lot size
- 9,045 square feet
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $7,277.62 (2025)
Interior
- Basement
- None, Unknown
- Heating
- Forced air
- Fireplace
- None
Exterior & Lot
- View
- City view
Parking
- Total spaces
- 4 — covered indicated
- Features
- Garage
Listing Information
- MLS®
- R3130582
- Listed
- June 1, 2026
- Time on market
- On the market for 91 days
- Tax assessment year
- 2025
- Data last synced
- August 28, 2026
Listing provided by: Dracco Pacific Realty · Data source: CREA DDF.
Description
Exceptional redevelopment opportunity in Surrey City Centre! Prime 9,045 sq.ft. lot (75.60' × 120') ideally located within the TOA Core Area, benefiting from an allowable density of 3.0 FAR, offering a significant advantage over many surrounding properties and maximizing future redevelopment potential. Strategically positioned just minutes from Gateway SkyTrain Station, SFU Surrey Campus, City Hall, shopping, schools and major transportation routes. Surrounded by ongoing high-density redevelopment, including a 6-storey condominium directly across the street, making this property a key opportunity for future land assembly. Value is primarily in the land. Tenant occupied with holding income. Priced below BC Assessment. A rare opportunity for developers, builders. Call today. (id:63159)
Values & Trends
This listing
$2,327/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
14°C
Clear
Humidity 87%
Wind S calm 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
52
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 |
|---|---|---|
| Honour Secondary School(Independent) | Secondary | 351 m |
| Forsyth Road Elementary | Elementary | 376 m |
| Our Lady of Good Counsel(Independent) | Elementary | 414 m |
| Kwantlen Park Secondary | Elementary | 1.2 km |
| James Ardiel Elementary | Elementary | 1.2 km |
| K B Woodward Elementary | Elementary | 1.3 km |
| Mary Jane Shannon Elementary | Elementary | 1.3 km |
| Surrey Traditional | 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 |
|---|---|---|
| Northbound King George Blvd @ 105A Ave | — | 327 m |
| Eastbound 108 Ave @ Whalley Blvd | — | 365 m |
| Westbound 108 Ave @ Whalley Blvd | — | 375 m |
| Eastbound 108 Ave @ 138 St | — | 376 m |
| Southbound King George Blvd @ 105A Ave | — | 379 m |
Nearby Places
Restaurants (5+)
- DONI Korean Restaurant · 10592 King George Boulevard269 m
- Manis Pan-Asian Eatery · 10768 Whalley Boulevard302 m
- Dell Lanes · 10576 King George Boulevard309 m
- Taste of Africa · 10663 King George Boulevard360 m
- Guacamole Mexican Grill · 10671 King George Boulevard378 m
Cafes (5+)
- Ken's Tea House · 10692 135A Street440 m
- Huyen Cafe · 13551 105A Avenue441 m
- Starbucks · 10362 King George Boulevard580 m
- Prado Cafe · 13475 103 Avenue765 m
- Take Five Café787 m
Grocery (5+)
- Lucky Supermarket · 10628 King George Boulevard243 m
- GG's African Caribbean Market · 10625 King George Boulevard355 m
- Beauty 4 Ashes387 m
- Union Latino's Food · 13569 105A Avenue412 m
- African Superstore462 m
Parks (2)
- Forsyth Park · 10632 139 Street386 m
- Tom Binnie Park636 m
Gyms (2)
- Planet Fitness · 10642 King George Boulevard243 m
- Chuck Bailey Recreation Centre · 13458 107A Avenue636 m
Pharmacies (5+)
- Pharmasave · 10654 King George Boulevard249 m
- Gain Pharmacy414 m
- London Drugs · 10348 King George Boulevard602 m
- East To West Holistic · 14045 104 Avenue718 m
- Shoppers Drug Mart · 10835 City Parkway723 m
Banks & ATMs (5+)
- Sharons Credit Union · 10541 King George Boulevard379 m
- Prospera · 13747 104 Avenue416 m
- TD · 10435 King George Boulevard521 m
- Vancity · 10293 King George Boulevard742 m
- TD · 10835 City Parkway781 m
Nearby places data: © OpenStreetMap contributors.
School district: Surrey (SD36)
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Financial Ledger
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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.