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Investment Highlights

  • Situated in a growing Surrey neighborhood poised for continued residential demand.
  • Centrally located near schools, recreational facilities, and retail amenities.
  • Excellent connectivity to transit, major roadways, and regional highways.

Executive Summary

Prime development and investment opportunity on a 8,956 sq. ft. R3-zoned lot. Build a single-family home or duplex with garden suite, accommodating a three-level residence (two storey plus basement) with a legal basement suite. Excellent potential for multi-income revenue and long-term appreciation. Situated in a quiet, centrally located neighbourhood with close proximity to schools, shopping, transit, major highways, restaurants, recreation centres, and parks. Ideal for builders and investors seeking a versatile, ready-to-build property. Call for details.

Property Facts

Price $1,199,999 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Commercial
Total Lot Size 0.21 AC
Zoning R-3

1 Lot Available

Lot

Price $1,199,999 CAD
Price Per AC $5,836,542.62 CAD
Lot Size 0.21 AC

Description

7881 138 St is an 8,956 sq ft lot located in the Newton area of Surrey within the Greater Vancouver Regional District. The parcel is zoned R3 and classified as vacant land with tax records indicating an annual property tax of approximately $4,733 as of 2025. Regionally, the property is served by major arterial routes including King George Boulevard and Highway 10, providing connectivity to central Surrey and adjoining municipalities. Community infrastructure includes nearby schools, local parks, and retail centers. Public records indicate prior residential use on the property, with surrounding land uses primarily residential.

Fairly walkable
40/100
Moderately drivable
70/100
Some public transit
40/100
Fairly bikeable
50/100
  • Listing ID: 39418972

  • Date on Market: 2026-02-12

  • Last Updated:

  • Address: 7881 138 St, Surrey, BC V3W 7B5

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