Property Type: Detached HouseOwnership: Freehold

9704 131 STREET

Surrey, BC V3T3P3

$1,298,888

4 bed2 bath5 parking2,185 sqftBuilt 1962
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Property Details

Property & Lot

Sub-type
House
Lot size
7,433 square feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$6,200.27 (2025)

Interior

Basement
Finished, Full, Separate entrance
Heating
Forced air, Natural gas
Fireplace
None

Parking

Total spaces
5 — covered indicated
Features
Carport, Other, RV

Listing Information

MLS®
R3109398
Listed
April 10, 2026
Time on market
On the market for 143 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: eXp Realty of Canada, Inc. · Data source: CREA DDF.

Description

Investment property for sale in Surrey - 7,500+ sq ft lot with 60 ft frontage and back lane access, ideal for redevelopment. Comes with building plans for a full 3-level duplex with 2-level garden suites, offering approx. 3,400 sq ft per side, including garden suite. Existing home features a 3-bedroom main residence plus a 2-bedroom suite, perfect to live in or generate rental income while planning your build. Neighboring property at 9714 131 St is also available with similar duplex and garden suite plans-buy one or assemble both for a larger development opportunity. Located in a growing Surrey neighborhood close to schools, transit, and amenities. A strong opportunity for builders, investors, or end users looking for future upside. Buy this home and enjoy a 1-Year Buyer Satisfaction Guarantee! (id:63159)

Values & Trends

This listing

$594/sqft

Building average

No other active listings in this building

Surrey average

$691/sqft

1844 active listing(s)

Parking: 5 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

37

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
A H P Matthew ElementaryElementary498 m
Betty Huff ElementaryElementary738 m
Old Yale Road ElementaryElementary892 m
Queen Elizabeth SecondaryElementary1.1 km
David Brankin ElementaryElementary1.2 km
Senator Reid ElementaryElementary1.3 km
Kwantlen Park SecondaryElementary1.5 km
Cedar Hills ElementaryElementary1.5 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
Southbound 132 St @ 98 Ave236 m
Northbound 132 St @ 96 Ave243 m
Westbound 96 Ave @ 132 St254 m
Eastbound 96 Ave @ 130A St254 m
Westbound 96 Ave @ 130 St281 m

Nearby Places

Restaurants (4)

  • Mr Pickwick's Fish & Chips · 12884 96 Avenue522 m
  • Lighthouse Indian Kitchen · 12815 96 Avenue625 m
  • Wow Grill & Momo · 9631 128 Street671 m
  • Mezbaan Indian & Indo Chinese Food · 12790 96 Avenue695 m

Cafes (1)

  • Starbucks · 12840 96 Avenue588 m

Grocery (2)

  • Fruiticana · 12867 96 Avenue466 m
  • No Frills · 12852 96 Avenue559 m

Parks (5+)

  • Bog Park121 m
  • A.H.P Matthew Park · 9762 132 Street310 m
  • 21C Tot-Lot327 m
  • Unnamed414 m
  • Evergreen Park445 m

Pharmacies (2)

  • Family Care Pharmacy · 12815 96 Avenue621 m
  • Shoppers Drug Mart · 12830 96 Avenue645 m

Banks & ATMs (1)

  • TD499 m

Nearby places data: © OpenStreetMap contributors.

School district: Surrey (SD36)

Mortgage & Ownership Cost Calculator

Minimum required: 8.1% ($104,889) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,039,110.00
Periodic payment — Principal & Interest (monthly)$6,703.99
Additional monthly expenses (strata, tax, utilities, etc.)$625.69
Total monthly cost$7,329.67
Interest paid over 5-yr term$297,811.91
Balance at end of term$934,682.81

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$104,889
Stress test qualifying rate8.09%
Payment you must qualify for$9,181.44

Cash Needed at Closing

Minimum down payment$104,889
Estimated BC PTT$23,978
Legal / closing costs (typical estimate)$1,500
Total cash needed$130,367

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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