14086 72 AVENUE
Surrey, BC V3W2P8
$974,900
Property Details
Property & Lot
- Sub-type
- House
- Lot size
- 7,200 square feet
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $4,632.15 (2025)
Interior
- Basement
- None, Unknown
- Heating
- Forced air
- Fireplace
- Yes (1)
Parking
- Total spaces
- 6 — uncovered indicated
- Features
- Open
Listing Information
- MLS®
- R3136620
- Listed
- June 16, 2026
- Time on market
- On the market for 76 days
- Tax assessment year
- 2025
- Data last synced
- August 28, 2026
Listing provided by: RE/MAX Elevate Realty · Data source: CREA DDF.
Description
BUILDERS, INVESTORS & DEVELOPERS ALERT! Prime 7,200 sq. ft. lot with REAR LANE access in the heart of Newton. Zoned R3 with potential for up to 4 dwelling units under current provincial housing legislation (verify with the City of Surrey), offering exceptional redevelopment and investment potential. The property currently features a 4-bedroom rancher and is conveniently located near schools, Newton Exchange, Newton Recreation Centre, Newton Wave Pool, Costco, Real Canadian Superstore, shopping, restaurants, banks, and major commuter routes. Rear lane access further enhances the property's versatility and future possibilities. Whether you're looking to build, invest, hold for the future, or explore redevelopment opportunities, this property is worth a closer look! Don't wait! (id:63159)
Values & Trends
This listing
$786/sqft
Building average
—
No other active listings in this building
Surrey average
$691/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
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
| School | Type | Distance |
|---|---|---|
| Georges Vanier Elementary | Elementary | 492 m |
| M B Sanford Elementary | Elementary | 519 m |
| Frank Hurt Secondary | Elementary | 1.0 km |
| Hyland Elementary | Elementary | 1.1 km |
| Surrey Muslim School(Independent) | Elementary | 1.4 km |
| Chimney Hill Elementary | Elementary | 1.4 km |
| T E Scott Elementary | Elementary | 1.5 km |
| Guru Angad Dev School(Independent) | Elementary/Middle | 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 72 Ave @ 140 St | — | 128 m |
| Northbound 140 St @ 72 Ave | — | 181 m |
| Westbound 72 Ave @ 142 St | — | 204 m |
| Westbound 72 Ave @ 140 St | — | 220 m |
| Eastbound 72 Ave @ 142 St | — | 280 m |
Nearby Places
Restaurants (5+)
- Planet India Restaurant497 m
- Pizza Hut · 13753 72 Avenue616 m
- Bharat Parmar Restaurant · 13745 72 Avenue652 m
- Madras Club House · 13737 72 Avenue684 m
- Lucky Horse Chinese Restaurant · 13737 72 Avenue712 m
Cafes (1)
- Espresso Café793 m
Grocery (4)
- Fruiticana · 13783 72 Avenue553 m
- Chalo FreshCo · 7165 138 Street590 m
- Sabzi Mandi Supermarket · 13753 72 Avenue596 m
- Herencia Latina713 m
Parks (4)
- Arbutus Park · 7055 141 Street296 m
- Todd Crescent Park312 m
- Nichol Estates Park574 m
- Hazelnut Meadows Community Park · 14069 68 Avenue609 m
Pharmacies (2)
- Gateway Medical Centre735 m
- Universal Pharmacy788 m
Banks & ATMs (4)
- Scotiabank · 13790 72 Avenue510 m
- State Bank of India558 m
- Coast Capital Savings650 m
- Khalsa Credit Union · 7288 137 Street767 m
Nearby places data: © OpenStreetMap contributors.
School district: Surrey (SD36)
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Mortgage & Ownership Cost Calculator
Minimum required: 7.4% ($72,490) — 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.