By car (off-peak)
Sold
6
Beds
4
Baths
2800
sqft
1971
built
10038 10040 128 St, Surrey BC – Duplex for Sale – MLS® R3111022
10038 10040 128 Street, Surrey, British Columbia V5N 5K7
190 days on the market
$1,749,000
Est. Mortgage $7,738/mo
Listing updated:
EstateBlock checked:
Surrey Central
6
Beds
4
Baths
2652
sqft
660
$
/sqft
1970
built
Photos
Property Details for 10038 10040 128 Street
26 Jul Open House Cancel. Welcome to Cedar Hills! This full up/down duplex sits on a massive 10,000+ sf. lot with convenient back lane access, offering an outstanding investment and redevelopment opportunity. Currently generating approx. $6,000 pm from multiple rental streams, this property provides strong holding income while you plan for the future. Located in the highly desirable Cedar Hills neighbourhood, this property falls within the R3 zoning designation, allowing for a variety of housing options including duplexes, triplexes, 4plexes, and configurations of up to 6 dwelling units (buyer to verify with the City of Surrey). Whether you're an investor, builder, or developer, this is a rare chance to secure a prime property with excellent cash flow & significant redevelopment potential.
Interior Features
| Basement Finished Area (sqft) | 0 |
|---|---|
| Basement Features | Full |
| Appliances Included | Washer, Dryer, Refrigerator, Stove |
| Heating Type | Forced Air |
| # of Kitchens | 3 |
| Foundation | Concrete Perimeter |
Exterior Features
| Roof | Asphalt |
|---|---|
| Structures | Multi Family |
Building Details
| Price | $1,749,000 |
|---|---|
| Total Bedrooms | 6 |
| Total Bathrooms | 4 |
| Full Bathrooms | 3 |
| Half Bathrooms | 1 |
| Floor Area Total (sqft) | 2652 |
| Year Built | 1970 |
| Age Of Building | 56 |
| Building Type | Duplex |
| Property Type | Residential Income |
| Stories | 2 |
| Building Name | Surrey Central |
| Ownership Type | Freehold NonStrata |
| Community Features | Shopping Nearby |
| Utility Type | Electricity Connected |
| Utility Sewer | Public Sewer |
| Water (WaterSource) | Public |
| Parking Type | Other |
| Total Parking Spaces | 10 |
| Rental Suites | Unauthorized Suite |
Lot & Land
| Lot Size | 10290 |
|---|---|
| Lot Size Depth | Feet |
| Lot Size Frontage | 70 |
| MLS® # | R3111022 |
| Area | North Surrey |
| Neighbourhood | Cedar Hills |
| City | Surrey |
| Postal Code | V5N 5K7 |
| Gross Taxes | $6,131.87 |
| Zoning | MULTI |
Property Timeline
Rooms
| Floor | Type | Dimensions |
|---|---|---|
| Main Level | Living Room | 16' x 16' ft |
| Main Level | Kitchen | 19' x 19' ft |
| Main Level | Dining Room | 11' x 11' ft |
| Main Level | Primary Bedroom | 13'5 x 13'5 ft |
| Main Level | Bedroom | 12' x 12' ft |
| Main Level | Bedroom | 11' x 11' ft |
| Below | Kitchen | 10' x 10' ft |
| Below | Living Room | 11' x 11' ft |
| Below | Bedroom | 12' x 12' ft |
| Below | Bedroom | 11' x 11' ft |
| Main Level | Kitchen | 19' x 19' ft |
| Main Level | Living Room | 15' x 15' ft |
| Main Level | Bedroom | 12' x 12' ft |
Bathrooms
| Floor | Ensuite | Pieces |
|---|---|---|
| Main Level | No | #4 |
| Below | No | #3 |
Listed by: Skystreet Real Estate Marketing
NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.
Map & Neighbourhood
Public Schools
- Secondary
- Kwantlen Park Secondary School
- Average 1.06 km
- Elementary
- Old Yale Road Elementary School
- Average 0.79 km
Information includes BC Government Open License data; school details change often and are offered solely as general guidance.
Private Schools
- Elementary
- Our Lady of Good Counsel
- Above Average 2.37 km
- Secondary
- Purpose Independent Secondary School
- Average 3.7 km
Closest Transit
- Bus Stop
- Northbound 128 St @ 100 Ave
- 0.06 km
- Skytrain
- Skytrain @ Surrey Central Stn
- 1.49 km
Crime Rate
- Total Crime Rate
- Average
- Violent Crime Rate
- Below Average
- Property Crime Rate
- Average
Demographics
- Post-Secondary Education
- Below Average 15.7%
- No Certificate/Degree
- Above Average 24.3%
- Owner Occupied
- Average 71.6%
- Employment Rate
- Above Average 74%
Noise/ Power Lines
- Road/Hwy Noise
- Possible
- Railway/Sky train Noise
- Unlikely
- Airport/Port Noise
- Unlikely
- Close to major Power Lines
- Unlikely
Other
- Agricultural Land Reserve (ALR)
- Unlikely
- Flood Area
- Unlikely
- Close to Cemeteries
- Unlikely
Sell Speed & Competition
No data
Overall sell-speed score
Moderate pace expected
—
Price competition grade
No comparable data
—
Market conditions
Market conditions unavailable
Flood Risk
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 1.49 km from station
Road / Highway noise
Possible — major road nearby
Airport noise (YVR)
Unlikely
Power lines proximity
Unlikely
ALR (Agricultural Land Reserve)
No — not in ALR
How CEDAR HILLS compares
This property
190 DOM
Cedar Hills avg
—
Surrey avg
—
10038 10040 128 Street has a sell-speed score of 48/100, placing it in the "Expected to sell at a moderate pace" band. The listing is has limited comparable pricing data available. Based on these signals, EstateBlock predicts this listing is may take several weeks to attract serious offers.
Climate Risk for V5N 5K7
Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V5N 5K7, over the next 30 years. Projections use the 2041–2070 period (2050s) under a moderate emissions scenario (SSP2-4.5).
Flood
Outside of designated flood hazard zones. Under 10% of buildings in this area have flood risk over the next 30 years.
Fire
Located within the "Vancouver" WUI zone (Risk Class 5 — Low). Based on BC Wildfire Service provincial WUI Risk Class mapping; not a site-specific assessment.
Air Quality
Annual avg PM2.5 4.5 µg/m³ — meets WHO 2021 guideline. Nearest station: North Delta, Delta (~3.9 km). Annual avg AQHI 2.1 — Low Risk.
Heat
Surrey currently sees ~1 day above 30 °C per year (1981–2010 baseline), projected to rise to ~8 by the 2050s (SSP2-4.5 moderate emissions). Hottest day of the year: ~30 °C baseline, ~32.5 °C projected. Tropical nights (>18 °C): ~0 baseline, ~3 projected.
Precipitation
Annual precipitation ~1516 mm (1981–2010 baseline), projected ~1574 mm by the 2050s. Extreme 1-day rainfall: ~51.5 mm baseline, ~57.1 mm projected. Values vary modestly across the Lower Mainland.
Drought
Longest annual dry spell (consecutive dry days): ~23 days baseline, ~24 days projected for the 2050s. CDD is used as a regional drought proxy; drought risk varies modestly across the Lower Mainland.
Nearby Restaurants, Cafes & Shops
Shopping (9 nearby)
- Saint helen's · 492 m · Post Office
- City barber · 833 m · Hairdresser
- Adel's cut · 864 m · Hairdresser
Restaurants (7 nearby)
- Wow grill & momo · 843 m · Restaurant
- Lighthouse indian kitchen · 857 m · Restaurant
- Camy's pizza · 868 m · Fast Food
Groceries (3 nearby)
- Garcha bros meat shop · 865 m · Butcher
- Fruiticana · 875 m · Supermarket
- New amsterdam bakery · 971 m · Bakery
Healthcare (2 nearby)
- Family care pharmacy · 864 m · Healthcare
- Shoppers drug mart · 997 m · Healthcare
Transit (1 nearby)
- Bus stop northbound 123a st @ 99 ave · 982 m · Transit
Schools NearBy
26 Schools are within 3km
| School | Type | Grades Served | Catchment Info | Rating | Distance |
|---|---|---|---|---|---|
Prince Charles Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance751 m
|
|
Old Yale Road Elementary School |
Public |
Grades ServedK-7
|
Catchment InfoIn Catchment
|
Distance786 m
|
|
Cedar Hills Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance1.05 KM
|
|
Kwantlen Park Secondary School |
Public |
Grades Served8-12
|
Catchment InfoIn Catchment
|
Distance1.06 KM
|
|
K B Woodward Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance1.26 KM
|
|
Betty Huff Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance1.45 KM
|
|
Senator Reid Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance1.50 KM
|
|
L A Matheson Secondary School |
Public |
Grades Served8-12
|
Catchment Info—
|
Distance1.60 KM
|
|
David Brankin Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance1.78 KM
|
|
City Central Learning Centre |
Public |
Grades Served10-12
|
Catchment Info—
|
Distance1.79 KM
|
|
Continuing Ed SD36 (Queen Elizabeth) |
Public |
Grades Served—
|
Catchment Info—
|
Distance1.94 KM
|
|
Queen Elizabeth Secondary School |
Public |
Grades Served8-12
|
Catchment Info—
|
Distance1.95 KM
|
|
Kirkbride Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance2.14 KM
|
|
Cindrich Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance2.37 KM
|
|
Our Lady of Good Counsel |
Independent |
Grades ServedK-7
|
Catchment Info—
|
Distance2.37 KM
|
|
Royal Heights Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance2.43 KM
|
|
Continuing Ed SD36 (Invergarry) |
Public |
Grades Served—
|
Catchment Info—
|
Distance2.58 KM
|
|
Forsyth Road Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance2.60 KM
|
|
Bridgeview Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance2.60 KM
|
|
Simon Cunningham Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance2.81 KM
|
|
North Surrey Learning Centre |
Public |
Grades Served10-12
|
Catchment Info—
|
Distance2.86 KM
|
|
Creekside Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance2.86 KM
|
|
Lena Shaw Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance2.89 KM
|
|
Immaculate Conception School |
Independent |
Grades ServedK-7
|
Catchment Info—
|
Distance2.94 KM
|
|
Immaculate Conception |
Independent |
Grades Served—
|
Catchment Info—
|
Distance2.99 KM
|
|
Education Services (Alternate) |
Public |
Grades Served—
|
Catchment Info—
|
Distance2.99 KM
|
Pre-computed routes from 10038 10040 128 St, Surrey, BC
10038 10040 128 St, Surrey, BC
59 min
Downtown Vancouver
By transit (Skytrain)
-
Downtown Vancouver via Surrey Central → Waterfront59 min
-
Metrotown, Burnaby via Surrey Central → Metrotown41 min
-
SFU Burnaby via Surrey Central → Production Way39 min
-
Richmond Centre via Surrey Central → Brighouse84 min
-
YVR Airport via Surrey Central → YVR-Airport85 min
By car (off-peak)
-
Downtown Vancouver via HWY 1 / Grandview25 min
-
Metrotown, Burnaby via Lougheed Hwy13 min
-
SFU Burnaby via Gaglardi Way10 min
-
Richmond Centre via No. 3 Rd24 min
-
YVR Airport via Bridgeport / Sea Island27 min
Calculate your commute
10038 10040 128 St, Surrey, BC is ideally located for commuters. The property is 1.5 km from Surrey Central, with a 59 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Northbound 128 St @ 100 Ave (0.06 km). Walk Score Transit rating: Good Transit (55/100).
Walkability & Transit Near 10038 10040 128 Street
Car-Dependent
62
Walk Score - Somewhat Walkable
Some errands can be accomplished on foot
Some Transit
55
Transit Score - Good Transit
Many nearby public transportation options
Somewhat
Bikeable 63
Bikeable 63
Bike Score - Bikeable
Some bike infrastructure
BC Assessment Value — 10038 10040 128 Street
2026 assessed value, sourced from City of Surrey open data (PID 006-760-929).
$1,470,000
2026
Value Trend
| Year | Land | Improvements | Total Assessed | YOY Change |
|---|---|---|---|---|
| 2026 | $1,197,000 | $273,000 | $1,470,000 | — |
Mortgage Calculator for 10038 10040 128 Street
/month
Principal & Interest
Property Taxes
$511
Maintenance fee
0
With a 20% down payment, buyers can expect an estimated $7,191/month in total housing costs on this $1,749,000 property — $6,680 mortgage payment, $511 property tax.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.
Investment Cashflow Calculator
/month
Mortgage Payment
Monthly Payment
Break Even Down Payment
0%
Cap Rate
Cash on Cash
Based on $5,589/month estimated rent and $7,373/month in total housing costs, this property has a -$1,784/month cashflow. Break-even down payment: approximately 42%.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.
Estateblock Rent Estimate for 10038 10040 128 Street, Surrey
Buy Vs Rent Calculator
—
/ month
Principal: —
Interest, tax, insurance, fees: —
Rent vs own
—
Principal paid off by year 5
—
Principal paid off by year 10
—
Approximate estimates for informational purposes only, not financial advice. Assumes a new 30-year fixed mortgage at the rate shown; actual rent, payments, and equity will vary by loan terms and market conditions. Consult a licensed professional before deciding.
Price vs Neighbourhood Average — Cedar Hills, Surrey
This Home
$1,749,000
Surrey
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Cedar Hills
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No active comparable properties are currently available for this property type in Surrey. The price evaluation chart will update as similar listings enter the market.
Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy
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600-777 Hornby Street, Vancouver, BC V6Z 1S4. Call 778-918-5990.
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