15824 TULIP DRIVE
Surrey, BC V4A1Y1
$1,198,800
Property Details
Property & Lot
- Lot size
- 8,730 square feet
Ownership & Fees
- Property type
- Land / Lot
- Ownership
- Freehold
- Annual property tax
- $5,141.04 (2025)
Interior
- Fireplace
- None
Listing Information
- MLS®
- R3087772
- Listed
- February 9, 2026
- Time on market
- On the market for 203 days
- Tax assessment year
- 2025
- Data last synced
- August 28, 2026
Listing provided by: eXp Realty of Canada Inc. · Data source: CREA DDF.
Description
Exceptional opportunity to build on this 8,730 sqft RECTANGULAR R3 LOT w/BACK LANE ACCESS. NO EASEMENTS OR RIGHTS OF WAY. Build FOURPLEX units and get a return of ~1-1.2 million (each unit may be sold independently and can include a MORTGAGE HELPER). Alternatively, explore options such as a 3-STOREY SINGLE-FAMILY HOME WITH GARDEN SUITE or a 3-STOREY DUPLEX WITH TWO GARDEN SUITES (buyer to verify with City). PRIME LOCATION near Semiahmoo Shopping Centre, Highway 99 and transit. Excellent school catchments include Earl Marriott Secondary and Elgin Park Secondary. Minutes to White Rock & Crescent Beach, parks and recreation. Rare DEVELOPMENT-READY SITE. Priced ~$150,000 BELOW BC ASSESSED VALUE. (id:63159)
Location Insights
Weather
Nearest station: Langley
16°C
Mainly Clear
Humidity 78%
Wind S 3 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
15
3/9 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 |
|---|---|---|
| Earl Marriott Secondary | Elementary | 582 m |
| Jessie Lee Elementary | Elementary | 865 m |
| Peace Arch Elementary | Elementary | 1.2 km |
| Newbridge Academy(Independent) | Elementary | 1.2 km |
| White Rock Christian Academy(Independent) | K-12 | 1.5 km |
| South Meridian Elementary | Elementary | 1.5 km |
| Southridge School(Independent) | K-12 | 1.6 km |
| White Rock Elementary | Elementary | 1.7 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 |
|---|---|---|
| Southbound King George Blvd @ 20 Ave | — | 177 m |
| Northbound King George Blvd @ 20 Ave | — | 257 m |
| Southbound 160 St @ 19 Ave | — | 401 m |
| Northbound 160 St @ Park Dr | — | 425 m |
| Southbound 160 St @ 20 Ave | — | 434 m |
Nearby Places
Restaurants (4)
- Ricky's589 m
- Don Asian Kitchen · 2181 160 Street703 m
- Kami Sushi · 2215 160 Street732 m
- Meltwich Food Co. · 2245 160 Street796 m
Parks (5+)
- Alderwood Park · 1760 Lilac Drive258 m
- Unnamed540 m
- Jessie Lee Park636 m
- Unnamed649 m
- Unnamed701 m
Banks & ATMs (1)
- National Bank · 2121 160 Street644 m
Nearby places data: © OpenStreetMap contributors.
School district: Surrey (SD36)
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Mortgage & Ownership Cost Calculator
Minimum required: 7.9% ($94,880) — 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.