Home Surrey, BC Whalley 10430 140b Street

Photos

Exceptional development opportunity in North Surrey! This property at 10430 140B Street comes with a PLA-approved conditional application for a proposed six-storey building with 95 condominium units, offering an exciting opportunity for builders and developers to capitalize on a prime development site. The property currently features a rancher generating $2,600/month in rental income, providing holding income while moving forward with the development process. Ideal location with convenient access to transit, schools, shopping, major routes and the growing amenities of North Surrey. A rare opportunity to acquire a property with significant future development potential and income in place. Buyers and their representatives to verify all development details with City Hall.

Building 25 fields Inside & out 10 fields Lot & land 10 fields

Building Details

Price	$1,330,000
Total Bedrooms	3
Total Bathrooms	2
Full Bathrooms	1
Half Bathrooms	1
Floor Area Total (sqft)	1285
Year Built	1977
Age Of Building	49
Building Type	Half Duplex
Property Type	Residential
Stories	1
Building Amenities	Other
Ownership Type	Freehold Strata
Maintenance Fee	0
Amenities Nearby	Other
Utility Type	Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer	Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource)	Public
Parking Type	Open
Total Parking Spaces	3
Strata Restrictions	No Restrictions
Pet Restrictions	Cats OK, Dogs OK, Yes
Rental Restrictions	100
Rental Suites	None
Units In Development	2

Interior Features

Basement Finished Area (sqft)	0
Basement Features	None
Fireplace	1
Heating Type	Baseboard, Electric
# of Kitchens	1
Flooring	Mixed
Foundation	Concrete Perimeter

Exterior Features

Exterior Features	No Outdoor Area
Roof	Asphalt
Structures	Duplex, Residential Attached

Lot & Land

Lot Size	5737
Lot Size Depth	Feet
Lot Size Frontage	40
MLS^® #	R3154657
Area	North Surrey
Neighbourhood	Whalley
City	Surrey
Postal Code	V3T 4P1
Gross Taxes	$5,086.84
Zoning	R2

Property Timeline

Status	Date	Price
R3154657 / Active	08-10-2026	$1,330,000

Rooms

Floor	Type	Dimensions
Main Level	Living Room	16'0 x 16'0 ft
Main Level	Kitchen	11'0 x 11'0 ft
Main Level	Primary Bedroom	14'0 x 14'0 ft
Main Level	Bedroom	12'0 x 12'0 ft
Main Level	Bedroom	10'0 x 10'0 ft

Bathrooms

Floor	Ensuite	Pieces
Main Level	No	#2
Main Level	No	#3

Listed by: Royal LePage Global Force Realty

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 1.21 km · Guildford Park Secondary School 5.5/10 · 1.05 km · crime average · flood lower risk · wildfire low

Map & area Sell speed Climate risk

Map & Neighbourhood

Nearby Restaurants, Cafes & Shops

Restaurants (16 nearby)

Taste of pho · 196 m · Restaurant
King do seafood restaurant · 358 m · Restaurant
Zugba flame grilled chicken · 547 m · Restaurant

Groceries (11 nearby)

Pacific coast convenience · 195 m · Convenience
Aling mary's filipino store · 195 m · Convenience
Bacayon's chibugan filipino food · 197 m · Convenience

Shopping (9 nearby)

East to west holistic · 100 m · Pharmacy
104 coin laundry · 199 m · Laundry
Ov hair cut · 213 m · Hairdresser

Cafes (4 nearby)

Tasty sandwiches & desserts · 555 m · Cafe
Four seasons · 556 m · Cafe
Jazen tea · 590 m · Cafe

Healthcare (2 nearby)

East to west holistic · 100 m · Healthcare
London drugs · 906 m · Healthcare

Transit (1 nearby)

Bus stop eastbound 108 ave @ 144 st · 991 m · Transit

Public Schools

Secondary
Guildford Park Secondary School: Average 1.05 km 5.5/10
Elementary
Mary Jane Shannon Elementary School: Below Average 0.85 km 3.7/10

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 0.39 km 8.5/10
Secondary
Honour Secondary School: 1.49 km

Closest Transit

Bus Stop
Eastbound 104 Ave @ 140 St: 0.16 km
Skytrain
Skytrain @ Surrey Central Stn: 1.21 km

Crime Rate

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

Demographics

Post-Secondary Education: Below Average 18.9%
No Certificate/Degree: Above Average 20.9%
Owner Occupied: Above Average 79%
Employment Rate: Above Average 70.4%

Noise/ Power Lines

Road/Hwy Noise: Possible
Railway/Sky train Noise: Unlikely
Airport/Port Noise: Unlikely
Close to major Power Lines: Possible

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 — 1.21 km from station

Road / Highway noise

Possible — major road nearby

Airport noise (YVR)

Unlikely

Power lines proximity

Possible — power corridor nearby

ALR (Agricultural Land Reserve)

No — not in ALR

How WHALLEY compares

This property

94 DOM

Listed

Climate Risk for V3T 4P1

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V3T 4P1, 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 (~6 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

29 Schools are within 3km

School	Type	Grades Served	Catchment Info	Rating	Distance
Our Lady of Good Counsel	Independent	Grades Served K-7	Catchment Info —	8.5 / 10	Distance 393 m
Forsyth Road Elementary School	Public	Grades Served K-7	Catchment Info —	3.3 / 10	Distance 672 m
Lena Shaw Elementary School	Public	Grades Served K-7	Catchment Info —	4.0 / 10	Distance 839 m
Mary Jane Shannon Elementary School	Public	Grades Served K-7	Catchment Info In Catchment	3.7 / 10	Distance 853 m
Guildford Park Secondary School	Public	Grades Served 8-12	Catchment Info In Catchment	5.5 / 10	Distance 1.05 KM
Hjorth Road Elementary School	Public	Grades Served K-7	Catchment Info —	3.1 / 10	Distance 1.36 KM
Honour Secondary School	Independent	Grades Served 10-12	Catchment Info —	N/A	Distance 1.49 KM
Ellendale Elementary School	Public	Grades Served K-7	Catchment Info —	3.0 / 10	Distance 1.54 KM
James Ardiel Elementary School	Public	Grades Served K-7	Catchment Info —	3.7 / 10	Distance 1.79 KM
Surrey Traditional School	Public	Grades Served K-7	Catchment Info —	5.6 / 10	Distance 1.84 KM
Holly Elementary School	Public	Grades Served K-7	Catchment Info —	3.6 / 10	Distance 1.86 KM
Kwantlen Park Secondary School	Public	Grades Served 8-12	Catchment Info —	5.7 / 10	Distance 1.89 KM
Old Yale Road Elementary School	Public	Grades Served K-7	Catchment Info —	4.2 / 10	Distance 1.91 KM
K B Woodward Elementary School	Public	Grades Served K-7	Catchment Info —	3.7 / 10	Distance 2.00 KM
Simon Cunningham Elementary School	Public	Grades Served K-7	Catchment Info —	4.1 / 10	Distance 2.14 KM
City Central Learning Centre	Public	Grades Served 10-12	Catchment Info —	3.0 / 10	Distance 2.17 KM
Bonaccord Elementary School	Public	Grades Served K-7	Catchment Info —	5.8 / 10	Distance 2.23 KM
SD 36 Alternate North Surrey LC	Public	Grades Served —	Catchment Info —	6.3 / 10	Distance 2.32 KM
North Surrey Learning Centre	Public	Grades Served 10-12	Catchment Info —	3.2 / 10	Distance 2.33 KM
Continuing Ed SD36 (Queen Elizabeth)	Public	Grades Served —	Catchment Info —	3.1 / 10	Distance 2.34 KM
Education Services (Alternate)	Public	Grades Served —	Catchment Info —	3.8 / 10	Distance 2.34 KM
Queen Elizabeth Secondary School	Public	Grades Served 8-12	Catchment Info —	5.4 / 10	Distance 2.35 KM
Guildford Learning Centre	Public	Grades Served 10-12	Catchment Info —	3.7 / 10	Distance 2.37 KM
A H P Matthew Elementary	Public	Grades Served —	Catchment Info —	4.5 / 10	Distance 2.39 KM
Mountainview Montessori	Public	Grades Served K-7	Catchment Info —	6.4 / 10	Distance 2.63 KM
Iqra School	Independent	Grades Served K-7	Catchment Info —	9.2 / 10	Distance 2.67 KM
Johnston Heights Secondary School	Public	Grades Served 8-12	Catchment Info —	6.4 / 10	Distance 2.76 KM
Creekside Elementary School	Public	Grades Served K-7	Catchment Info —	4.2 / 10	Distance 2.78 KM
Betty Huff Elementary School	Public	Grades Served K-7	Catchment Info —	3.4 / 10	Distance 2.98 KM

Pre-computed routes from 10430 140b St, Surrey, BC

10430 140b St, Surrey, BC Surrey Central 1.2 km

55 min

Downtown Vancouver Waterfront Station

By transit (Skytrain)

Downtown Vancouver via Surrey Central → Waterfront
55 min
Metrotown, Burnaby via Surrey Central → Metrotown
37 min
SFU Burnaby via Surrey Central → Production Way
35 min
Richmond Centre via Surrey Central → Brighouse
80 min
YVR Airport via Surrey Central → YVR-Airport
81 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
11 min
Richmond Centre via No. 3 Rd
27 min
YVR Airport via Bridgeport / Sea Island
30 min

Calculate your commute

10430 140b St, Surrey, BC is ideally located for commuters. The property is 1.2 km from Surrey Central, with a 55 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Eastbound 104 Ave @ 140 St (0.16 km). Walk Score Transit rating: Excellent Transit (73/100).

Walkability & Transit Near 10430 140b Street

Very Walkable 83

Walk Score - Very Walkable

Most errands can be accomplished on foot

Excellent Transit 73

Transit Score - Excellent Transit

Transit is convenient for most trips

Very Bikeable 77

Bike Score - Very Bikeable

Biking is convenient for most trips

BC Assessment Value — 10430 140b Street

2026 assessed value, sourced from City of Surrey open data (PID 001-616-218).

Total Assessed Value (2026)

$1,222,900

2026 Value Trend

Land

$1,180,000

Buildings

$42,900

Year Built

N/A

Class

N/A

Zoning

Property Tax

N/A

Year	Land	Improvements	Total Assessed	YOY Change
2026	$1,180,000	$42,900	$1,222,900	—

Costs & calculators

Monthly cost about $5,784/month · rent estimate $4,109/month · owning catches up with renting by year 8 · cash flow if rented −$1,937/month

Mortgage Cash flow Rent estimate Rent vs own

Mortgage Calculator for 10430 140b Street

$5,784 /month

Principal & Interest $5,360

Property Taxes $424

Maintenance fee $0

The estimated monthly cost of 10430 140b Street, Surrey is $5,784: $5,360 principal and interest with 20% down over 30 years at 4.45%, plus $424 property tax.

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

−$1,937 /month

Mortgage Payment $5,360

Monthly Cash Flow −$1,937

Break Even Down Payment 49%

Cap Rate -1.7%

Cash on Cash -8.7%

If 10430 140b Street, Surrey were rented at $4,109 a month with 5% vacancy, it would fall $1,937 a month short of the mortgage and carrying costs; about 49% 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 10430 140b Street, Surrey

$4,109 / month

Rent $4,109

Own $5,784

Principal: $1,724/mo Interest, tax, insurance, fees: $4,060/mo

Example shown is the principal portion at year 5 of the mortgage. It grows over the loan: ~$1,443/mo (year 1) → ~$3,356/mo (year 20) → ~$5,005/mo (year 29).

Net cost to own at year 5 ~$4,060/mo About $49/mo less than renting

EstateBlock estimates 10430 140b Street, Surrey would rent for about $4,109 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: 10430 140b Street

Rent vs own

Owning catches up by year 8

With 20% down ($266,000) at 4.45%: renting is cheaper at first, but principal paydown closes the gap

Principal paid off by year 5 $94,817

Principal paid off by year 10 $213,212

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.

Renting 10430 140b Street, Surrey is cheaper at first, but owning catches up by year 8, with $94,817 of principal paid off by year 5 and $213,212 by year 10.