Property Type: Land / Lot

13905 108 AVENUE

Surrey, BC V6C1C7

$16,000,000

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Property Details

Property & Lot

Lot size
87,555 square feet

Ownership & Fees

Property type
Land / Lot
Annual property tax
$127,150.05 (2025)

Interior

Fireplace
None

Listing Information

MLS®
C8079075
Listed
May 27, 2026
Time on market
On the market for 96 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Colliers · Data source: CREA DDF.

Description

Rare 2.01-acre (87,555 SF) PA-1 institutionally zoned site in Surrey's Bolivar Heights neighbourhood. No rezoning required - proceed directly to Development Permit for Place of Worship, Private School, or Child Care Centre. Maximum buildable 33,500 SF. Site supports phased development and multi- tenant programming. Future 6 -storey residential potential under Surrey Central City OCP. Located 975m from Gateway SkyTrain (Expo Line). Strong highway access via King George Blvd and Hwy 1. 5km catchment of 269,878 residents (2030) Asking $16,000,000. (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

30

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
Forsyth Road ElementaryElementary156 m
Our Lady of Good Counsel(Independent)Elementary617 m
Honour Secondary School(Independent)Secondary829 m
James Ardiel ElementaryElementary903 m
Surrey TraditionalElementary985 m
Mary Jane Shannon ElementaryElementary1.0 km
Ellendale ElementaryElementary1.4 km
Guildford Park SecondaryElementary1.4 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
Westbound 108 Ave @ 140 St153 m
Eastbound 108 Ave @ 138 St187 m
Eastbound 108 Ave @ 140 St234 m
Westbound 108 Ave @ Whalley Blvd303 m
Eastbound 108 Ave @ Whalley Blvd386 m

Nearby Places

Restaurants (5+)

  • Manis Pan-Asian Eatery · 10768 Whalley Boulevard410 m
  • Di Reggae Cafe · 13593 King George Boulevard644 m
  • Guacamole Mexican Grill · 10671 King George Boulevard704 m
  • Taste of Africa · 10663 King George Boulevard717 m
  • Goto Moto & Huong Que · 10673 King George Boulevard723 m

Cafes (1)

  • Ken's Tea House · 10692 135A Street746 m

Grocery (4)

  • Lucky Supermarket · 10628 King George Boulevard666 m
  • African Superstore678 m
  • Beauty 4 Ashes713 m
  • GG's African Caribbean Market · 10625 King George Boulevard756 m

Parks (2)

  • Forsyth Park · 10632 139 Street334 m
  • Hawthorne Rotary Park · 10513 144 Street785 m

Gyms (1)

  • Planet Fitness · 10642 King George Boulevard644 m

Pharmacies (2)

  • Pharmasave · 10654 King George Boulevard632 m
  • Gain Pharmacy739 m

Nearby places data: © OpenStreetMap contributors.

School district: Surrey (SD36)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($3,200,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$12,800,000.00
Periodic payment — Principal & Interest (monthly)$82,581.26
Additional monthly expenses (strata, tax, utilities, etc.)$10,595.84
Total monthly cost$93,177.09
Interest paid over 5-yr term$3,668,516.79
Balance at end of term$11,513,641.40

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$3,200,000
Stress test qualifying rate8.09%
Payment you must qualify for$98,427.52

Cash Needed at Closing

Minimum down payment$3,200,000
Estimated BC PTT$718,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$3,919,500

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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