Property Type: Detached HouseOwnership: Freehold

13870 LAUREL DRIVE

Surrey, BC V3T1A9

$1,049,000

4 bed3 bath2 parking1,837 sqftBuilt 1980
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Property Details

Property & Lot

Sub-type
House
Lot size
3,998.57 square feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$4,120.56 (2026)

Interior

Basement
Partially finished, Partial
Heating
Forced air
Fireplace
None

Parking

Total spaces
2 — uncovered indicated
Features
Open

Listing Information

MLS®
R3151931
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: Sutton Premier Realty · Data source: CREA DDF.

Description

Ideal for INVESTORS or SMALL FAMILIES! Centrally located just minutes from SURREY CENTRAL SKYTRAIN, shopping, schools, parks, and other amenities. The prime location makes it easy to attract quality tenants and is an excellent HOLDING PROPERTY. Great RENTAL INCOME. The surrounding area has already been redeveloped with townhomes and apartment buildings, and the area is designated MIDRISE APARTMENT under the OCP. A rare opportunity with both immediate rental income and long-term upside. (id:63159)

Values & Trends

This listing

$571/sqft

Building average

No other active listings in this building

Surrey average

$691/sqft

1844 active listing(s)

Parking: 2 stall(s) includedStorage locker: Not indicated

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

$1,793,500
$1,325,500
Aug '21Aug '22Aug '23Aug '24Aug '25Jul '26

Source: Fraser Valley Real Estate Board (FVREB).

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

6/9 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
Simon Cunningham ElementaryElementary682 m
Queen Elizabeth SecondaryElementary762 m
SD 36 Alternate North Surrey LCSecondary875 m
North Surrey Learning CentreElementary875 m
SD 36 Education Services (Type 1)Secondary1.0 km
SAIL SecondarySecondary1.0 km
Education Services (Alternate)Elementary1.0 km
A H P Matthew ElementaryElementary1.0 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
Eastbound Fraser Hwy @ 140 St167 m
Westbound 96 Ave @ 139 St179 m
Eastbound 96 Ave @ 139 St216 m
Westbound 96 Ave @ 137B St234 m
Eastbound 96 Ave @ 138 St263 m

Nearby Places

Restaurants (5+)

  • Captain's Oven Pizza · 9639 137A Street303 m
  • Waffle House Diner · 13660 George Junction485 m
  • Browns Social House · 9666 King George Boulevard488 m
  • Sushi Street · 13660 George Junction494 m
  • KINTON RAMEN · 13639 George Junction525 m

Cafes (5+)

  • Starbucks · 13767 96 Avenue326 m
  • Blenz Coffee · 9750 140 Street365 m
  • Breka Bakery & Café · 13735 George Junction374 m
  • Presotea · 13660 George Junction487 m
  • Trees Organic · 9656 King George Boulevard512 m

Grocery (2)

  • Save-On-Foods · 13630 George Junction516 m
  • Big Bazaar · 13639 100 Avenue788 m

Parks (2)

  • Green Timbers Urban Forest · 14600 100 Avenue510 m
  • Green Timbers Urban Forest · 14600 100 Avenue640 m

Pharmacies (2)

  • Shoppers Drug Mart · 9750 140 Street385 m
  • Rexall · 13655 Fraser Highway467 m

Banks & ATMs (4)

  • BMO · 13745 George Junction417 m
  • TD · 13660 George Junction512 m
  • Coast Capital Savings · 9900 King George Boulevard637 m
  • Bitcoin ATM Coinsite · 13647 100 Avenue797 m

Nearby places data: © OpenStreetMap contributors.

School district: Surrey (SD36)

Mortgage & Ownership Cost Calculator

Minimum required: 7.6% ($79,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$839,200.00
Periodic payment — Principal & Interest (monthly)$5,414.23
Additional monthly expenses (strata, tax, utilities, etc.)$435.38
Total monthly cost$5,849.61
Interest paid over 5-yr term$240,517.13
Balance at end of term$754,863.11

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$79,900
Stress test qualifying rate8.09%
Payment you must qualify for$7,452.04

Cash Needed at Closing

Minimum down payment$79,900
Estimated BC PTT$18,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$100,380

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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