Property Type: Land / LotOwnership: Freehold

12585 15 AVENUE

Surrey, BC V4A1K1

$6,833,000

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Property Details

Property & Lot

Lot size
19,512 square feet

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$0 (2025)

Interior

Fireplace
None

Exterior & Lot

View
View
Waterfront
Waterfront

Listing Information

MLS®
R3015059
Listed
June 14, 2025
Time on market
On the market for 443 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Sutton Premier Realty · Data source: CREA DDF.

Description

RARE OPPORTUNITY: Permit-Ready Bluff Lot with NO GST in South Surrey Land like this is almost entirely gone. Secure one of the last premium bluff properties in Ocean Park at Stony Cliff Estates-with the massive financial bonus of No GST. Spanning nearly 20,000 sq. ft., this private lot boasts jaw-dropping 180° unobstructed ocean vistas and endless daily sunsets. Thanks to favorable R2-O zoning, you can fast-track your dream project: a master-planned luxury estate up to 10,000 sq. ft. featuring a highly coveted walk-out basement. Situated in South Surrey's most prestigious neighborhood, you are minutes from Crescent Beach and Kwomais Point Park. Permit-ready with construction financing options available for qualified buyers, this project is primed for an immediate build. This lot must be seen in person to appreciate its true scale and beauty. Call now to book your site visit before it's gone. (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

37

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
Ocean Cliff ElementaryElementary946 m
Laronde ElementaryElementary1.2 km
Crescent Park ElementaryElementary1.9 km
Ray Shepherd ElementaryElementary2.1 km
Elgin Park SecondaryElementary2.5 km
Chantrell Creek ElementaryElementary3.1 km
Bayridge ElementaryElementary3.3 km
H T Thrift ElementaryElementary4.4 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 16 Ave @ 126A St195 m
Northbound Ocean Park Rd @ 16 Ave271 m
Southbound 128 St @ 16 Ave413 m
Southbound 128 St @ 14B Ave435 m
Eastbound 16 Ave @ 128 St466 m

Nearby Places

Restaurants (2)

  • Sakuya Sushi · 1593 128 Street398 m
  • Ocean Park Pizza & Village Pub476 m

Cafes (3)

  • Starbucks · 1658 128 Street524 m
  • Morrison Cafe · 12855 16 Avenue584 m
  • Islands Cafe · 12901 16 Avenue599 m

Grocery (1)

  • Safeway · 12825 16 Avenue525 m

Parks (3)

  • Kwomais Point Park404 m
  • Fun Fun Park · 1472 128 Street515 m
  • Ben Stevenson View Park · 1799 Ocean Park Road560 m

Shopping (1)

  • Unnamed567 m

Pharmacies (1)

  • Rexall · 12851 16 Avenue564 m

Banks & ATMs (5+)

  • TD Canada Trust · 1611 128 Street418 m
  • Scotiabank529 m
  • Coast Capital Savings589 m
  • Coast Capital Savings590 m
  • CIBC615 m

Nearby places data: © OpenStreetMap contributors.

School district: Surrey (SD36)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($1,366,600) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$5,466,400.00
Periodic payment — Principal & Interest (monthly)$35,267.36
Additional monthly expenses (strata, tax, utilities, etc.)$0.00
Total monthly cost$35,267.36
Interest paid over 5-yr term$1,566,685.95
Balance at end of term$4,917,044.48

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$1,366,600
Stress test qualifying rate8.09%
Payment you must qualify for$42,034.70

Cash Needed at Closing

Minimum down payment$1,366,600
Estimated BC PTT$259,650
Legal / closing costs (typical estimate)$1,500
Total cash needed$1,627,750

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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