12758 28 AVENUE
Surrey, BC V4A2P4
$2,788,000
Property Details
Property & Lot
- Lot size
- 10,880 square feet
Ownership & Fees
- Property type
- Land / Lot
- Annual property tax
- $12,303 (2025)
Interior
- Fireplace
- None
Listing Information
- MLS®
- C8079203
- 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: RE/MAX Elevate Realty · Data source: CREA DDF.
Description
Rare opportunity to acquire an approved 3 storey mixed-use development property in the heart of highly sought-after Crescent Beach. This exceptional redevelopment site offers the potential for a boutique mixed-use project featuring approximately 1,685 SF of ground-floor commercial space with 12 residential units above, creating a unique long-term investment opportunity in one of Surrey's most desirable seaside communities. Ideally positioned within walking distance to Crescent Beach, local shops, restaurants, and amenities, the property benefits from strong community appeal, limited development supply, and excellent future growth potential. The approved concept envisions a modern mixed-use building designed to complement the character of the neighbourhood while maximizing the site's development potential. Whether you are a developer, investor, or builder seeking a premium project in an established coastal market, this property presents a rare chance to secure a ready-to-advance development opportunity i (id:63159)
Location Insights
Weather
Nearest station: Langley
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
15
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
| School | Type | Distance |
|---|---|---|
| Crescent Park Elementary | Elementary | 686 m |
| Elgin Park Secondary | Elementary | 1.7 km |
| Ocean Cliff Elementary | Elementary | 1.7 km |
| Chantrell Creek Elementary | Elementary | 1.9 km |
| Laronde Elementary | Elementary | 2.0 km |
| Ray Shepherd Elementary | Elementary | 2.9 km |
| Semiahmoo Trail Elementary | Elementary | 3.6 km |
| Bayridge Elementary | Elementary | 3.6 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 Crescent Rd @ 128 St | — | 34 m |
| Southbound 128 St @ Crescent Rd | — | 97 m |
| Eastbound Crescent Rd @ 128 St | — | 125 m |
| Northbound 128 St @ 26B Ave | — | 155 m |
| Southbound 128 St @ 26 Ave | — | 325 m |
Nearby Places
Cafes (1)
- Dudes Coffee House · 12823 Crescent Road123 m
Parks (2)
- Crescent Park587 m
- Blackie Spit Park722 m
Nearby places data: © OpenStreetMap contributors.
School district: Surrey (SD36)
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Mortgage & Ownership Cost Calculator
Minimum required: 20.0% ($557,600) — 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.