Home Surrey, BC Bolivar Heights 102 14275 Melrose Drive

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STUNNING BRAND-NEW 2026 CUSTOM-BUILT DUPLEX W/ GARDEN SUITE, BOASTING AN IMPRESSIVE 10,055 SQ.FT. OF TOTAL LIVING SPACE, 9 BEDROOMS + OFFICE & 8 BATHROOMS! MASTERFULLY BUILT BY A PREMIER BUILDER, THIS EXCEPTIONAL HOME FEATURES GRAND OPEN-CONCEPT INTERIORS, SOARING CEILINGS, ELEVATED DESIGNER FINISHES & SUPERIOR CRAFTSMANSHIP THROUGHOUT. GOURMET CHEF’S KITCHENS OFFER CUSTOM CABINETRY, PREMIUM APPLIANCES & OVERSIZED ISLANDS. EXPANSIVE BEDROOMS, SPA-INSPIRED BATHROOMS, SOPHISTICATED LIVING SPACES & A GENEROUS BACKYARD CREATE THE ULTIMATE ENTERTAINER’S HOME. PERFECT FOR LARGE & MULTI-GENERATIONAL FAMILIES, WITH EXCEPTIONAL SPACE, FUNCTIONALITY & PRIVACY. COMPLETE WITH A FULL 2-5-10 HOME WARRANTY. A RARE OPPORTUNITY TO OWN A TRULY REMARKABLE NEW-BUILD RESIDENCE!

Building 19 fields Inside & out 8 fields Lot & land 10 fields

Building Details

Price	$1,499,000
Total Bedrooms	9
Total Bathrooms	8
Full Bathrooms	6
Half Bathrooms	2
Floor Area Total (sqft)	3941
Year Built	2026
Age Of Building	0
Building Type	Half Duplex
Property Type	Residential
Architecture Style	3 Storey
Stories	3
Ownership Type	Freehold NonStrata
Utility Type	Electricity Connected
Utility Sewer	Public Sewer
Water (WaterSource)	Public
Parking Type	Additional Parking, Front Access
Total Parking Spaces	8
Rental Suites	Legal Suite,Unauthorized Suite

Interior Features

Basement Finished Area (sqft)	852
Basement Features	Exterior Entry
Fireplace	2
Heating Type	Forced Air
# of Kitchens	3
Foundation	Concrete Perimeter

Exterior Features

Roof	Asphalt
Structures	Duplex, Residential Attached

Lot & Land

Lot Size	5028
Lot Size Depth	Feet
Lot Size Frontage	32.1
MLS^® #	R3169405
Area	North Surrey
Neighbourhood	Bolivar Heights
City	Surrey
Postal Code	V3R 5R3
Gross Taxes	0
Zoning	R3

Property Timeline

Status	Date	Price
R3169405 / Active	09-24-2026	$1,499,000

Rooms

Floor	Type	Dimensions
Main Level	Living Room	12'0 x 12'0 ft
Main Level	Dining Room	11'0 x 11'0 ft
Main Level	Family Room	15'2 x 15'2 ft
Main Level	Bedroom	10'0 x 10'0 ft
Main Level	Walk-In Closet	7'2 x 7'2 ft
Main Level	Kitchen	11'2 x 11'2 ft
Main Level	Wok Kitchen	12'0 x 12'0 ft
Above Level	Primary Bedroom	13'0 x 13'0 ft
Above Level	Walk-In Closet	6'6 x 6'6 ft
Above Level	Bedroom	10'2 x 10'2 ft
Above Level	Bedroom	10'0 x 10'0 ft
Above Level	Bedroom	10'0 x 10'0 ft
Above Level	Laundry	3'2 x 3'2 ft
Basement Level	Recreation Room	14'6 x 14'6 ft
Basement Level	Bedroom	10'6 x 10'6 ft
Basement Level	Bedroom	9'0 x 9'0 ft
Basement Level	Office	9'6 x 9'6 ft
Below	Living Room	13'2 x 13'2 ft
Below	Kitchen	9'6 x 9'6 ft
Below	Bedroom	10'0 x 10'0 ft
Below	Bedroom	10'0 x 10'0 ft

Bathrooms

Floor	Ensuite	Pieces
Main Level	No	#4
Above Level	No	#4
Below	No	#2

Listed by: Planet Group Realty Inc.

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, sell speed & climate

SkyTrain 1.93 km · Kwantlen Park Secondary School 5.7/10 · 2.75 km · crime average · flood lower risk · wildfire low

Map & area Sell speed Climate risk

Map & Neighbourhood

Nearby Restaurants, Cafes & Shops

Groceries (1 nearby)

7-eleven · 889 m · Convenience

Transit (1 nearby)

Bus stop southbound 148 st @ 111a ave · 991 m · Transit

Public Schools

Elementary
James Ardiel Elementary School: Below Average 1.1 km 3.7/10
Secondary
Kwantlen Park Secondary School: Average 2.75 km 5.7/10

Information includes BC Government Open License data; school details change often and are offered solely as general guidance.

Private Schools

Elementary
Iqra School: Above Average 1.11 km 9.2/10
Secondary
Honour Secondary School: 1.15 km

Closest Transit

Bus Stop
Eastbound Gladstone Dr @ 143A St: 0.08 km
Skytrain
Skytrain @ Gateway Stn: 1.93 km

Crime Rate

Total Crime Rate: Average
Violent Crime Rate: Below Average
Property Crime Rate: Average

Demographics

Post-Secondary Education: Below Average 13.5%
No Certificate/Degree: Above Average 18.3%
Owner Occupied: Average 68.3%
Employment Rate: Above Average 69.8%

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

Flood Risk

Unlikely — not in floodplain

Railway / Skytrain noise

Unlikely — 1.93 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 BOLIVAR HEIGHTS compares

This property

49 DOM

Listed

Climate Risk for V3R 5R3

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V3R 5R3, over the next 30 years. Projections use the 2041–2070 period (2050s) under a moderate emissions scenario (SSP2-4.5).

Flood Lower Risk

Outside of designated flood hazard zones. Under 10% of buildings in this area have flood risk over the next 30 years.

Fire Low

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 B / Good

Annual avg PM2.5 5.2 µg/m³ — meets Canada's CAAQS. Nearest station: New Westminster Sapperton Park, New Westminster (~5.5 km). Annual avg AQHI 0 — Low Risk.

Heat Moderate

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 Increasing

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 Stable

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.

Schools NearBy

16 Schools are within 3km

School	Type	Grades Served	Catchment Info	Rating	Distance
Ellendale Elementary School	Public	Grades Served K-7	Catchment Info —	3.0 / 10	Distance 545 m
Surrey Traditional School	Public	Grades Served K-7	Catchment Info —	5.6 / 10	Distance 880 m
Mary Jane Shannon Elementary School	Public	Grades Served K-7	Catchment Info —	3.7 / 10	Distance 1.08 KM
James Ardiel Elementary School	Public	Grades Served K-7	Catchment Info In Catchment	3.7 / 10	Distance 1.10 KM
Iqra School	Independent	Grades Served K-7	Catchment Info —	9.2 / 10	Distance 1.11 KM
Guildford Park Secondary School	Public	Grades Served 8-12	Catchment Info —	5.5 / 10	Distance 1.13 KM
Honour Secondary School	Independent	Grades Served 10-12	Catchment Info —	N/A	Distance 1.15 KM
Forsyth Road Elementary School	Public	Grades Served K-7	Catchment Info —	3.3 / 10	Distance 1.24 KM
Our Lady of Good Counsel	Independent	Grades Served K-7	Catchment Info —	8.5 / 10	Distance 1.64 KM
Holly Elementary School	Public	Grades Served K-7	Catchment Info —	3.6 / 10	Distance 1.71 KM
Hjorth Road Elementary School	Public	Grades Served K-7	Catchment Info —	3.1 / 10	Distance 1.87 KM
Lena Shaw Elementary School	Public	Grades Served K-7	Catchment Info —	4.0 / 10	Distance 2.34 KM
City Central Learning Centre	Public	Grades Served 10-12	Catchment Info —	3.0 / 10	Distance 2.45 KM
K B Woodward Elementary School	Public	Grades Served K-7	Catchment Info —	3.7 / 10	Distance 2.66 KM
Kwantlen Park Secondary School	Public	Grades Served 8-12	Catchment Info In Catchment	5.7 / 10	Distance 2.75 KM
Guildford Learning Centre	Public	Grades Served 10-12	Catchment Info —	3.7 / 10	Distance 2.82 KM

Pre-computed routes from 102 14275 Melrose Dr, Surrey, BC

102 14275 Melrose Dr, Surrey, BC Gateway 1.9 km

62 min

Downtown Vancouver Waterfront Station

By transit (Skytrain)

Downtown Vancouver via Gateway → Waterfront
62 min
Metrotown, Burnaby via Gateway → Metrotown
44 min
SFU Burnaby via Gateway → Production Way
42 min
Richmond Centre via Gateway → Brighouse
87 min
YVR Airport via Gateway → YVR-Airport
88 min

By car (off-peak)

Downtown Vancouver via HWY 1 / Grandview
27 min
Metrotown, Burnaby via Lougheed Hwy
16 min
SFU Burnaby via Gaglardi Way
10 min
Richmond Centre via No. 3 Rd
28 min
YVR Airport via Bridgeport / Sea Island
31 min

Calculate your commute

102 14275 Melrose Dr, Surrey, BC is ideally located for commuters. The property is 1.9 km from Gateway, with a 62 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Eastbound Gladstone Dr @ 143A St (0.08 km). Walk Score Transit rating: Some Transit (39/100).

Walkability & Transit Near 102 14275 Melrose Drive

Car-Dependent 40

Walk Score - Car-Dependent

Most errands require a car

Some Transit 39

Transit Score - Some Transit

A few nearby public transportation options

Somewhat Bikeable 35

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

Costs & calculators

Monthly cost about $6,041/month · rent estimate $5,831/month · owning nets $1,417/month less than renting · cash flow if rented −$693/month

Mortgage Cash flow Rent estimate Rent vs own

Mortgage Calculator for 102 14275 Melrose Drive

$6,041 /month

Principal & Interest $6,041

Property Taxes $0

Maintenance fee $0

The estimated monthly cost of 102 14275 Melrose Drive, Surrey is $6,041: $6,041 principal and interest with 20% down over 30 years at 4.45%.

or Call 778-918-5990

All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Investment Cashflow Calculator

−$693 /month

Mortgage Payment $6,041

Monthly Cash Flow −$693

Break Even Down Payment 30%

Cap Rate -0.6%

Cash on Cash -2.8%

If 102 14275 Melrose Drive, Surrey were rented at $5,831 a month with 5% vacancy, it would fall $693 a month short of the mortgage and carrying costs; about 30% down would break even.

All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 102 14275 Melrose Drive, Surrey

$5,831 / month

Rent $5,831

Own $6,041

Principal: $1,943/mo Interest, tax, insurance, fees: $4,098/mo

Example shown is the principal portion at year 5 of the mortgage. It grows over the loan: ~$1,626/mo (year 1) → ~$3,782/mo (year 20) → ~$5,641/mo (year 29).

Net cost to own at year 5 ~$4,098/mo About $1,733/mo less than renting

EstateBlock estimates 102 14275 Melrose Drive, Surrey would rent for about $5,831 a month.

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.

Rent vs own: 102 14275 Melrose Drive

Rent vs own

Owning nets $1,417/mo less than renting

With 20% down ($299,800) at 4.45%: $4,414/mo net cost to own in year 1 vs $5,831/mo rent

Principal paid off by year 5 $106,865

Principal paid off by year 10 $240,305

Assumes 20% down payment, 4.45% fixed rate, 30-year amortization. Rent line = full rent (money gone). Own line = interest + property tax + fees, excluding principal (money you keep as equity). No appreciation, investment returns or transaction costs included.

Owning 102 14275 Melrose Drive, Surrey nets about $1,417 a month less than renting it in year 1, with $106,865 of principal paid off by year 5 and $240,305 by year 10.