Property Type: Land / LotOwnership: Freehold

Lot 2 SECTION 98 LAND STREET

Surrey, BC V3Z0H8

$1,850,000

Get Directions

Property Details

Property & Lot

Lot size
10,071 square feet

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$4,000 (2025)

Interior

Fireplace
None

Listing Information

MLS®
R3112130
Listed
April 16, 2026
Time on market
On the market for 137 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Macdonald Realty (Surrey/152) · Data source: CREA DDF.

Description

A rare opportunity to build your dream home in the prestigious Morgan Creek community. This offering includes Two large lots, each 10,000 sq. ft., Will accommodate a three story home.WILL BUILD TO SUIT. Ideally located just steps from Morgan Creek Golf Course and closely situated to the scenic 16th green. Enjoy peaceful golf course with the club house is just a short walk from home. Set among luxury homes and natural surroundings, this is your chance to create something truly special in a highly sought after neighbourhood. Close to excellent shopping, Southridge Private School. (id:63159)

Location Insights

Weather

Nearest station: Langley

Mainly Clear

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

11

2/9 categories nearby

Transit

Not enough data yet

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
Mar Jok ElementaryElementary762 m
Hudson Road ElementaryElementary1.1 km
Rose Valley ElementaryElementary1.7 km
Mount Boucherie SecondarySecondary2.1 km
Constable Neil Bruce Middle SchoolElementary3.0 km
Chief Tomat ElementaryElementary3.9 km
Shannon Lake ElementaryElementary4.3 km
Sensisyusten House of Learning(Independent)Elementary4.3 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

No TransLink stops within an ~10-minute walk.

Nearby Places

Parks (5+)

  • Faulkner Creek318 m
  • Devon Park338 m
  • Westridge Park393 m
  • Sunview Park470 m
  • Westlake Community Park748 m

Gyms (1)

  • Bodyshop Fitness and Nutrition · 1060 Stevens Road539 m

Nearby places data: © OpenStreetMap contributors.

School district: Central Okanagan (SD23)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($370,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,480,000.00
Periodic payment — Principal & Interest (monthly)$9,548.46
Additional monthly expenses (strata, tax, utilities, etc.)$333.33
Total monthly cost$9,881.79
Interest paid over 5-yr term$424,172.25
Balance at end of term$1,331,264.79

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$370,000
Stress test qualifying rate8.09%
Payment you must qualify for$11,380.68

Cash Needed at Closing

Minimum down payment$370,000
Estimated BC PTT$35,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$406,500

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