Property Type: Land / LotOwnership: Freehold

11557 SURREY ROAD

Surrey, BC V3R5T6

$1,250,000

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Property Details

Property & Lot

Lot size
11,500 square feet

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$4,653 (2025)

Interior

Fireplace
None

Listing Information

MLS®
R3069007
Listed
November 20, 2025
Time on market
On the market for 284 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: City 2 City Real Estate Services Inc. · Data source: CREA DDF.

Description

GREAT OPPORTUNITY - GREAT DEAL! HUGE SUB-DIVIDABLE LOT AT AN AMAZING PRICE. -2 road frontages - 1 large lot on each side of the road. PLA Conditional approval 18-000377 - PLA extended and paid for till July 2027. Complete subdivision process or just use as a single lot and build a single house or a duplex (as per SSMUH) . Previous house built on St Andrews dr side- same should be applicable to build house/houses on St. Andrew Drive side (subject to city approval). (id:63159)

Location Insights

Weather

Nearest station: Langley

Clear

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

4

1/9 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
Iqra School(Independent)Elementary273 m
Ellendale ElementaryElementary1.1 km
Ecole Riverdale ElementaryElementary1.4 km
Guildford Park SecondaryElementary1.7 km
Surrey TraditionalElementary1.8 km
Holly ElementaryElementary1.8 km
Mary Jane Shannon ElementaryElementary1.9 km
James Ardiel 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
Southbound Surrey Rd @ 115A Ave22 m
Northbound Surrey Rd @ 115A Ave53 m
Southbound Surrey Rd @ 116A Ave186 m
Southbound Surrey Rd @ Wellington Dr318 m
Northbound Surrey Rd @ Wellington Dr329 m

Nearby Places

Parks (1)

  • Invergarry Park · 11297 Surrey Road611 m

Nearby places data: © OpenStreetMap contributors.

School district: Surrey (SD36)

Mortgage & Ownership Cost Calculator

Minimum required: 8.0% ($100,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,000,000.00
Periodic payment — Principal & Interest (monthly)$6,451.66
Additional monthly expenses (strata, tax, utilities, etc.)$387.75
Total monthly cost$6,839.41
Interest paid over 5-yr term$286,602.87
Balance at end of term$899,503.23

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$100,000
Stress test qualifying rate8.09%
Payment you must qualify for$8,843.10

Cash Needed at Closing

Minimum down payment$100,000
Estimated BC PTT$23,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$124,500

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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