Property Type: Land / LotOwnership: Freehold

11433 MILLAR ROAD

Surrey, BC V3V2V1

$930,000

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Property Details

Property & Lot

Lot size
3,624 square feet

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$2,971.48 (2025)

Interior

Fireplace
None

Exterior & Lot

View
View

Listing Information

MLS®
R3139530
Listed
June 24, 2026
Time on market
On the market for 68 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Investa Prime Realty · Data source: CREA DDF.

Description

3,624 Sqft. fully serviced lot in the highly desirable Royal Heights neighborhood of North Surrey. An exceptional opportunity to build a spacious 3-storey home with two basement suites, offering excellent mortgage-helper or investment potential. Enjoy beautiful Fraser River views and a central location close to shopping, schools, parks, recreation, and public transit. Easy access to major highways makes commuting convenient in all directions. Surrounded by established homes in a family-friendly community, this is the perfect lot for builders, investors, or families looking to create their dream home in a prime location. For more details call. (id:63159)

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

11

2/9 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
Royal Heights ElementaryElementary598 m
Annieville ElementaryElementary1.3 km
Delview SecondarySecondary1.6 km
Gibson ElementaryElementary1.7 km
L.A. Matheson SecondarySecondary1.8 km
Cedar Hills ElementaryElementary1.9 km
Kirkbride ElementaryElementary2.0 km
Prince Charles ElementaryElementary2.0 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 96 Ave @ 114 St611 m
Westbound 96 Ave @ 116 St668 m
Southbound 114 St @ 95A Ave674 m
Southbound 116 St @ 96 Ave726 m
Northbound 114 St @ 95 Ave767 m

Nearby Places

Parks (2)

  • Royal Heights Park206 m
  • Bailey Crescent Park357 m

Banks & ATMs (1)

  • Bitcoin ATM Localcoin · 9595 116 Street715 m

Nearby places data: © OpenStreetMap contributors.

School district: Surrey (SD36)

Mortgage & Ownership Cost Calculator

Minimum required: 7.3% ($68,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$744,000.00
Periodic payment — Principal & Interest (monthly)$4,800.04
Additional monthly expenses (strata, tax, utilities, etc.)$247.62
Total monthly cost$5,047.66
Interest paid over 5-yr term$213,232.54
Balance at end of term$669,230.41

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$68,000
Stress test qualifying rate8.09%
Payment you must qualify for$6,628.48

Cash Needed at Closing

Minimum down payment$68,000
Estimated BC PTT$16,600
Legal / closing costs (typical estimate)$1,500
Total cash needed$86,100

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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