12841 98 Avenue
Surrey
V3T 1B1
$1,249,953
Residential
beds: 7
baths: 4.0
2,425 sq. ft.
built: 1956
- Status:
- Active
- Prop. Type:
- Residential
- MLS® Num:
- R3119661
- Bedrooms:
- 7
- Bathrooms:
- 4
- Year Built:
- 1956
- Photos (30)
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Investors, builders, and first-time home buyers, this is a great opportunity to own an 8,835 sq ft lot in a prime Surrey location with strong development potential for a 4-plex or 6-plex (buyer to verify with the City of Surrey). The existing home is well kept and offers good rental income, with 3 bedrooms and 2 bathrooms upstairs, plus (3+1)-bedroom suites and an extra room downstairs that can be used as an office or additional rental space. The property is in a convenient area close to schools, shopping, and public transportation, making it attractive for tenants. With potential good rental income, this is a solid option for investors looking for both current income and future redevelopment potential. Call today to book a showing.
- Property Type:
- Residential
- Dwelling Type:
- Single Family Residence
- Home Style:
- Split Entry
- Ownership:
- Freehold NonStrata
- Year built:
- 1956 (Age: 70)
- Living Area:
- 2,425 sq. ft.
- Building Area - Total:
- 2,425 sq. ft.
- Levels:
- Split Entry
- Bedrooms:
- 7 (Above Grd: 3)
- Bathrooms:
- 4.0 (Full:4/Half:0)
- Taxes:
- $6,394.22 / 2025
- Lot Area:
- 8,835 sq. ft.
- Lot Frontage:
- 61'9½"
- Lot Details:
- 61.79 x 143
- Outdoor Area:
- Fenced
- Plan:
- NWP15824, 15202
- Construction Materials:
- Frame Wood, Mixed (Exterior), Vinyl Siding
- No. Floor Levels:
- 2.0
- Floor Area Fin - Above Main:
- 0 sq. ft.
- Floor Area Fin - Above Main 2:
- 0 sq. ft.
- Floor Area Fin - Main:
- 1,038 sq. ft.
- Floor Area Fin - Total:
- 2,425 sq. ft.
- Fireplaces:
- 0
- Parking Features:
- Additional Parking
- Parking:
- Additional Parking
- Parking Total/Covered:
- 8 / 0
- Split Entry
- 2
- Dishwasher, Refrigerator
- Washer/Dryer, Dishwasher, Refrigerator, Stove
- Age Restrictions:
- No
- Tax Utilities Included:
- false
- Home Owners Association:
- No
- Land Lease:
- No
- Utilities:
- Electricity Connected, Natural Gas Connected
- Electricity:
- Yes
- Sewer:
- Public Sewer
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White siding residence with a dark shingle roof and a separate detached garage structure -
Paved driveway extending to a gravel parking area
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Single-story residence featuring a gray shingle roof and white siding
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Bathroom featuring a vanity with a drop-in sink, a wall-mounted mirror, a toilet, and a glass-enclosed shower
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Dedicated laundry area featuring a white stacked washer and dryer unit, a window with horizontal blinds, and light blue wall paint
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Expansive grassy backyard featuring a mature evergreen tree and a privacy fence
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Expansive lot featuring mature perimeter trees, a sloped grade, and a visible concrete pathway
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Expansive undeveloped lot featuring natural grass and wildflowers
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Expansive lot featuring mature evergreen trees and a wood fence
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Expansive undeveloped lot featuring mature perimeter trees, a wood privacy fence, and a clear expanse ready for development
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Light blue painted walls with white trim, two windows with white blinds, and a white ceiling
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Interior room featuring light blue walls, white trim, and a ceiling-mounted light fixture
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Entryway featuring light blue walls, white trim, recessed overhead lighting, and a window with horizontal blinds
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Kitchen area featuring wood cabinetry, white tile backsplash, a built-in dishwasher, and a flat-top cooking surface
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Kitchen featuring wood cabinetry, a stainless steel range, and a stainless steel refrigerator
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Interior room with light gray walls, a textured white ceiling, and a ceiling-mounted light fixture
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Light blue painted walls with white baseboards and a ceiling-mounted light fixture
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Bedroom with light gray walls and wood-finish flooring
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Kitchen featuring wood-finish flooring, white cabinetry, solid surface countertops, and a black tile backsplash
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Kitchen featuring white cabinetry, wood-finish flooring, a stainless steel range, and a window overlooking exterior landscaping
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Finished room featuring wood-finish flooring, two windows with blinds, a ceiling-mounted light fixture, and a built-in overhead beam
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Bathroom featuring a built-in vanity with an oval sink, a wall-mounted mirror, overhead lighting, and a bathtub with a sliding glass enclosure
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Room featuring light blue walls, wood-finish flooring, white baseboards, and a flush-mount ceiling light
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Dedicated laundry area featuring a stackable washer and dryer unit, a paneled door with brushed nickel hardware, a ceiling-mounted light fixture, and light-colored floor tiling
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Expansive undeveloped lot presenting a significant land opportunity
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Expansive open lot featuring natural grasses and wildflowers
Listed by Gilco Real Estate Services
Data was last updated May 10, 2026 at 11:40 AM (UTC)
Area Statistics
- Listings on market:
- 76
- Avg list price:
- $1,372,000
- Min list price:
- $350,000
- Max list price:
- $3,599,000
- Avg days on market:
- 57
- Min days on market:
- 2
- Max days on market:
- 622
- Avg price per sq.ft.:
- $516.59
These statistics are generated based on the current listing's property type
and located in
Cedar Hills. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
- RAHUL GILL
- GILCO REAL ESTATE SERVICES
- 1 (604) 5620068
- Contact by Email
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.
Office Address:
119 - 5577 153 A Street
Surrey, BC, V3S 5K7
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.