Property Type: Detached HouseOwnership: Freehold

13969 LAUREL DRIVE

Surrey, BC V3T1A8

$3,500,000

4 bed3 bath6 parking2,112 sqftBuilt 1027
Get Directions

Amenities

Also listed: Laundry - In Suite

Property Details

Property & Lot

Sub-type
House
Lot size
7,800 square feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$7,944.76 (2025)

Interior

Basement
None, Unknown
Heating
Electric, Natural gas
Fireplace
None

Parking

Total spaces
6 — covered indicated
Features
Garage

Listing Information

MLS®
R3147366
Listed
July 17, 2026
Time on market
On the market for 45 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Woodhouse Realty · Data source: CREA DDF.

Description

Exceptional development opportunity on a large 7,800 sq. ft. lot in a rapidly transforming neighbourhood. This well-maintained 4-bedroom, 3-bathroom home offers excellent holding income while you plan for the future. Situated within an area experiencing significant growth and urban redevelopment, this property presents outstanding potential for land assembly and future high-rise development, subject to municipal approvals and buyer verification. located close to SkyTrain, transit, shopping, schools, and major amenities, making it attractive for future residential density. A rare chance for builders, developers, and investors to secure a prime property in one of the city's most sought-after redevelopment corridors. Buyer to verify all development potential, zoning &municipal requirements. (id:63159)

Values & Trends

This listing

$1,657/sqft

Building average

No other active listings in this building

Surrey average

$690/sqft

1844 active listing(s)

Parking: 6 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

33

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 ElementaryElementary538 m
SD 36 Alternate North Surrey LCSecondary744 m
North Surrey Learning CentreElementary744 m
Education Services (Alternate)Elementary879 m
SD 36 Education Services (Type 1)Secondary879 m
SAIL SecondarySecondary879 m
Queen Elizabeth SecondaryElementary896 m
Lena Shaw ElementaryElementary997 m

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
Southbound 140 St @ Fraser Hwy81 m
Westbound 96 Ave @ 140 St94 m
Northbound 140 St @ 96 Ave99 m
Southbound 140 St @ 96 Ave160 m
Eastbound 96 Ave @ 139 St168 m

Nearby Places

Restaurants (5+)

  • Captain's Oven Pizza · 9639 137A Street507 m
  • Browns Social House · 9666 King George Boulevard705 m
  • Waffle House Diner · 13660 George Junction706 m
  • Sushi Street · 13660 George Junction713 m
  • KINTON RAMEN · 13639 George Junction742 m

Cafes (5+)

  • Blenz Coffee · 9750 140 Street224 m
  • Starbucks · 13767 96 Avenue507 m
  • Breka Bakery & Café · 13735 George Junction589 m
  • Presotea · 13660 George Junction706 m
  • Trees Organic · 9656 King George Boulevard711 m

Grocery (1)

  • Save-On-Foods · 13630 George Junction739 m

Parks (3)

  • Green Timbers Urban Forest · 14600 100 Avenue287 m
  • Green Timbers Urban Forest · 14600 100 Avenue432 m
  • Green Timbers Urban Forest · 14600 100 Avenue723 m

Pharmacies (2)

  • Shoppers Drug Mart · 9750 140 Street235 m
  • Rexall · 13655 Fraser Highway691 m

Banks & ATMs (2)

  • BMO · 13745 George Junction637 m
  • TD · 13660 George Junction733 m

Nearby places data: © OpenStreetMap contributors.

School district: Surrey (SD36)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($700,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$2,800,000.00
Periodic payment — Principal & Interest (monthly)$18,064.65
Additional monthly expenses (strata, tax, utilities, etc.)$768.06
Total monthly cost$18,832.71
Interest paid over 5-yr term$802,488.05
Balance at end of term$2,518,609.06

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$700,000
Stress test qualifying rate8.09%
Payment you must qualify for$21,531.02

Cash Needed at Closing

Minimum down payment$700,000
Estimated BC PTT$93,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$794,500

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.

Request more information