2714 PARKWAY DRIVE
Surrey, BC V4P1E8
$1,518,888
Property Details
Property & Lot
- Sub-type
- House
- Lot size
- 9,703 square feet
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $7,298.09 (2025)
Interior
- Basement
- None, Unknown
- Heating
- Forced air, Natural gas
- Fireplace
- Yes (2)
Parking
- Total spaces
- 6 — covered indicated
- Features
- Garage, Other
Listing Information
- MLS®
- R3144913
- Listed
- July 10, 2026
- Time on market
- On the market for 52 days
- Tax assessment year
- 2025
- Data last synced
- August 28, 2026
Listing provided by: eXp Realty of Canada, Inc. · Data source: CREA DDF.
Description
Introducing 2714 Parkway Drive, a rare South Surrey income property sitting on a generous 9,700sqft lot. This spacious 2,479 sq ft rancher delivers immediate cash flow with $7,200/month in rental income across three self-contained units: a 3 bed/2 bath primary residence plus two private 2-bedroom suites, each with separate entrances and shared laundry. Rear lane access adds further convenience and flexibility. Current City of Surrey bylaws permit up to 6 dwelling units on a property of this size, meaning the bones are already there for a houseplex build-out without a rezoning application. Neighbouring lots on this street have already rezoned to townhouse and multiple residential. This is the kind of land-heavy asset that quietly pays you while you wait. Don't miss it. (id:63159)
Values & Trends
This listing
$613/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
48
7/9 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 |
|---|---|---|
| Star of the Sea(Independent) | Elementary | 949 m |
| White Rock Christian Academy(Independent) | K-12 | 966 m |
| Sunnyside Elementary | Elementary | 1.1 km |
| Jessie Lee Elementary | Elementary | 1.3 km |
| Southridge School(Independent) | K-12 | 1.3 km |
| Morgan Elementary | Elementary | 1.4 km |
| Newbridge Academy(Independent) | Elementary | 1.6 km |
| Rosemary Heights Elementary | Elementary | 1.8 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 |
|---|---|---|
| Northbound 152 St @ King George Blvd | — | 317 m |
| Southbound 152 St @ King George Blvd | — | 338 m |
| Southbound 152 St @ 28 Ave | — | 358 m |
| Northbound 152 St @ 28 Ave | — | 368 m |
| Northbound 152 St @ 26 Ave | — | 397 m |
Nearby Places
Restaurants (5+)
- Maguroguy Sushi & Grill · 2670 152 Street306 m
- Taste Of Super Kings · 2828 152 Street348 m
- Hanaya Japanese Restaurant · 2828 152 Street354 m
- Delhi delite indian cuisine & sweets · 15355 24 Avenue476 m
- Chopstick Corner · 2982 152 Street536 m
Cafes (5+)
- Blenz Coffee · 2670 152 Street314 m
- Starbucks · 15355 24 Avenue522 m
- CoCo Fresh Tea & Juice614 m
- Unnamed614 m
- Chatime · 2950 King George Boulevard771 m
Grocery (5+)
- All Of Oils, Wholesome Oils & Vinegars · 2655 King George Boulevard285 m
- Safeway · 15355 24 Avenue534 m
- Fruticana574 m
- Bulk Barn · 15355 24 Avenue633 m
- Save-On-Foods · 3033 152 Street715 m
Parks (1)
- Sunnyside Park316 m
Gyms (4)
- Orangetheory Fitness · 15355 24 Avenue478 m
- 30 Minute Hit · 2404 King George Boulevard686 m
- Combat Athletics™ Canada · 15515 24 Avenue691 m
- My Gym706 m
Pharmacies (2)
- London Drugs · 15355 24 Avenue618 m
- Pure Integrative Pharmacy · 15388 24 Avenue675 m
Banks & ATMs (5+)
- RBC303 m
- TD · 2640 152 Street338 m
- Techmate - Bitcoin Well ATM · 15355 24 Avenue470 m
- BMO534 m
- RBC Royal Bank · 3002 152 Street621 m
Nearby places data: © OpenStreetMap contributors.
School district: Surrey (SD36)
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Mortgage & Ownership Cost Calculator
Minimum required: 20.0% ($303,778) — 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.