12221 GILLEY STREET
Surrey, BC V4A3C9
$999,000
Property Details
Property & Lot
- Sub-type
- House
- Lot size
- 5,004 square feet
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $5,272.16 (2026)
Interior
- Basement
- None, Unknown
- Heating
- Electric, Natural gas
- Fireplace
- None
Parking
- Total spaces
- 2 — uncovered indicated
- Features
- None
Listing Information
- MLS®
- R3152226
- Listed
- August 4, 2026
- Time on market
- On the market for 27 days
- Tax assessment year
- 2026
- Data last synced
- August 28, 2026
Listing provided by: The Agency White Rock · Data source: CREA DDF.
Description
Calling all dreamers, builders, visionaries...and anyone who's ever said, "I'd tear it down anyway!" This home has officially retired from the housing market and is looking forward to its next career as the foundation for your dream home. The existing structure is uninhabitable and ready for its final curtain call, but the real star of the show is the lot! Opportunities like this simply don't come along, it's one of the first lots under $1,000,000.00 in Crescent Beach in years. Build your forever home just steps from the beach, parks, and the incredible lifestyle that makes Crescent Beach one of the Lower Mainland's most sought-after communities. At this price, the real question isn't "Can you afford to buy it?"...it's can you afford not to? (id:63159)
Values & Trends
This listing
$1,058/sqft
Building average
—
No other active listings in this building
Surrey average
$691/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
22
4/9 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 |
|---|---|---|
| Crescent Park Elementary | Elementary | 1.7 km |
| Ocean Cliff Elementary | Elementary | 2.2 km |
| Elgin Park Secondary | Elementary | 2.9 km |
| Laronde Elementary | Elementary | 3.0 km |
| Chantrell Creek Elementary | Elementary | 3.1 km |
| Ray Shepherd Elementary | Elementary | 4.0 km |
| Semiahmoo Trail Elementary | Elementary | 4.7 km |
| Bayridge Elementary | Elementary | 4.8 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 |
|---|---|---|
| Westbound Sullivan St @ Kidd Rd | — | 257 m |
| Southbound McBride Ave @ Alexandra St | — | 343 m |
| Westbound Sullivan St @ Beecher St | — | 506 m |
| Eastbound Beecher St @ Sullivan St | — | 549 m |
| Eastbound Beecher St @ Taylor Lane | — | 574 m |
Nearby Places
Restaurants (5+)
- Seahorse Grill · 12147 Sullivan Street243 m
- Beecher Place · 2916 McBride Avenue278 m
- Crescent Beach Bistro · 12251 Beecher Street541 m
- Harbour House Restaurant · 12233 Beecher Street554 m
- The Cabin Restaurant · 12302 Beecher Street557 m
Cafes (2)
- The Sunflower Cafe · 12310 Beecher Street556 m
- Crescent Coffee House · 12219 Beecher Street562 m
Parks (3)
- Blackie Spit Park · 3136 McBride Avenue420 m
- Blackie Spit Park483 m
- Heron Park590 m
Banks & ATMs (1)
- Unnamed564 m
Nearby places data: © OpenStreetMap contributors.
School district: Surrey (SD36)
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Mortgage & Ownership Cost Calculator
Minimum required: 7.5% ($74,900) — 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.