13240 108 AVENUE
Surrey, BC V3T2J4
$2,599,000
Property Details
Property & Lot
- Sub-type
- House
- Lot size
- 8,712 square feet
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $6,971.4 (2026)
Interior
- Basement
- None, Unknown
- Heating
- Forced air
- Fireplace
- Yes (1)
Parking
- Total spaces
- 3 — covered indicated
- Features
- Garage, Carport, Open
Listing Information
- MLS®
- R3153407
- Listed
- August 6, 2026
- Time on market
- On the market for 25 days
- Tax assessment year
- 2026
- Data last synced
- August 28, 2026
Listing provided by: Royal Pacific Riverside Realty Ltd. · Data source: CREA DDF.
Description
An exceptional opportunity for investors. Situated on an approx 8,712 sqft lot, the property is currently located within the R3 Urban Residential Zone is designated Mid-Rise 11 (mid 2) in the OCP. It offers an excellent future development potential. Ideally located with quick access to City Centre and just minutes from shopping, Skytrain, Rec centre, and etc. There is also potential for future rezoning to smaller lots in conjunction with neighbouring properties, adding further long-term value. An outstanding holding property with stable, positive rental income. (id:63159)
Values & Trends
This listing
$2,241/sqft
Building average
—
No other active listings in this building
Surrey average
$690/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
13°C
Clear
Humidity 92%
Wind NW 4 km/h
Today
21°
Tonight
16°
Wednesday
19°
Wednesday night
14°
Thursday
18°
Thursday night
13°
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
48
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
| School | Type | Distance |
|---|---|---|
| K B Woodward Elementary | Elementary | 469 m |
| Kwantlen Park Secondary | Elementary | 735 m |
| Honour Secondary School(Independent) | Secondary | 1.2 km |
| Old Yale Road Elementary | Elementary | 1.3 km |
| James Ardiel Elementary | Elementary | 1.4 km |
| Forsyth Road Elementary | Elementary | 1.4 km |
| Our Lady of Good Counsel(Independent) | Elementary | 1.5 km |
| Surrey Traditional | Elementary | 1.6 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 |
|---|---|---|
| Eastbound 108 Ave @ 132 St | — | 35 m |
| Westbound 108 Ave @ 132 St | — | 132 m |
| Westbound 108 Ave @ 133 St | — | 137 m |
| Eastbound 108 Ave @ 133 St | — | 154 m |
| Gateway Station @ Bay 1 | — | 286 m |
Nearby Places
Restaurants (5+)
- Alebi African Cuisine · 10694 135A Street697 m
- Taqueria Jalisco Mexican Restaurant · 10675 King George Boulevard720 m
- Goto Moto & Huong Que · 10673 King George Boulevard728 m
- Di Reggae Cafe · 13593 King George Boulevard728 m
- Guacamole Mexican Grill · 10671 King George Boulevard748 m
Cafes (3)
- Waves Coffee House · 10777 University Drive316 m
- Ken's Tea House · 10692 135A Street686 m
- Huyen Cafe · 13551 105A Avenue788 m
Grocery (4)
- Nesters Market · 10835 City Parkway467 m
- African Superstore703 m
- Beauty 4 Ashes739 m
- GG's African Caribbean Market · 10625 King George Boulevard792 m
Parks (3)
- Whalley Athletic Park379 m
- Tom Binnie Park537 m
- Royal Kwantlen Park792 m
Gyms (1)
- Chuck Bailey Recreation Centre · 13458 107A Avenue495 m
Pharmacies (2)
- Shoppers Drug Mart · 10835 City Parkway461 m
- Gain Pharmacy711 m
Banks & ATMs (1)
- TD · 10835 City Parkway474 m
Nearby places data: © OpenStreetMap contributors.
School district: Surrey (SD36)
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Mortgage & Ownership Cost Calculator
Minimum required: 20.0% ($519,800) — 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.