10587 138a St, Surrey BC - Single Family Residence for Sale - MLS# R3121649

122 days on the market
$4,080,000
Est. Mortgage $18,050/mo
Listing updated:
EstateBlock checked:
3 Beds
1 Baths
1056 sqft
3864 $ /sqft
1960 built
122 days on the market
$4,080,000
Est. $18,050/mo with 20% down
Listing updated:
EstateBlock checked:

Property Details for 10587 138a Street

!!!Land Assembly Opportunity!!! 2.5 FSR, Prime investment in Surrey’s growing Whalley neighborhood! This 12,008 sq ft lot offers a well-maintained 1-storey home featuring 1,056 sq ft of living space, 3 bedrooms, and 1 bathroom. Ideal for land assembly and future development. Conveniently located near schools, parks, shopping, transit, and the expanding Surrey City Centre. A solid holding property with excellent future potential. Don’t miss this chance to invest in a thriving community!

Interior Features

Basement Finished Area (sqft) 0
Basement Features None
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Heating Type Forced Air
# of Kitchens 1
Flooring Wall/Wall/Mixed
Foundation Concrete Perimeter

Exterior Features

Roof Asphalt
Structures Residential Detached

Building Details

Price $4,080,000
Total Bedrooms 3
Total Bathrooms 1
Full Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 1056
Year Built 1960
Age Of Building 66
Building Type Single Family Residence
Property Type Residential
Architecture Style Rancher/Bungalow
Stories 1
Ownership Type Freehold NonStrata
Community Features Shopping Nearby
Utility Type Electricity Connected, Natural Gas Connected
Utility Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource) Public
Parking Type Carport Single, Asphalt
Rental Suites None

Lot & Land

Lot Size 12008
Lot Size Depth Feet
Lot Size Frontage 92.5
MLS® # R3121649
Area North Surrey
Neighbourhood Whalley
City Surrey
Postal Code V3T 4L2
Gross Taxes 0
Zoning RF

Property Timeline

Status Date Price
R3121649 / Active 05-11-2026 $4,080,000
to view full Property History (1 earlier record)
Rooms
Floor Type Dimensions
Main Level Living Room 16' x 16' ft
Main Level Laundry 8' x 8' ft
Main Level Kitchen 10' x 10' ft
Main Level Dining Room 10' x 10' ft
Main Level Primary Bedroom 12' x 12' ft
Main Level Bedroom 10' x 10' ft
Main Level Bedroom 10' x 10' ft
Bathrooms
Floor Ensuite Pieces
Main Level No #4

Listed by: eXp Realty of Canada, 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 & Neighbourhood

Public Schools

Elementary
Forsyth Road Elementary School
Below Average 0.29 km 3.3/10
Secondary
Kwantlen Park Secondary School
Average 1.42 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
Our Lady of Good Counsel
Above Average 0.25 km 8.5/10
Secondary
Honour Secondary School
1.82 km

Closest Transit

Bus Stop
Westbound 104 Ave @ 138A St
0.38 km
Skytrain
Skytrain @ Surrey Central Stn
0.94 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
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 (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 0.94 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 WHALLEY compares
This property
122 DOM
Listed
Whalley avg
Surrey avg

10587 138a 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 V3T 4L2

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V3T 4L2, 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 (BC ENV 2024). Nearest station: New Westminster Sapperton Park, New Westminster (~5.4 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.

Nearby Restaurants, Cafes & Shops

Restaurants (39 nearby)

  • Doni korean restaurant · 411 m · Restaurant
  • Domino's · 418 m · Fast Food
  • Manis pan-asian eatery · 425 m · Restaurant

Shopping (28 nearby)

  • Michael & young fly shop · 320 m · Sports Shop
  • Pharmasave · 412 m · Pharmacy
  • 104 coin laundry · 473 m · Laundry

Groceries (16 nearby)

  • Surrey super market · 363 m · Supermarket
  • Lucky supermarket · 400 m · Supermarket
  • Pacific coast convenience · 437 m · Convenience

Cafes (10 nearby)

  • Huyen cafe · 582 m · Cafe
  • Ken's tea house · 603 m · Cafe
  • Starbucks · 623 m · Cafe

Healthcare (5 nearby)

  • Pharmasave · 412 m · Healthcare
  • East to west holistic · 561 m · Healthcare
  • Gain pharmacy · 577 m · Healthcare

Transit (3 nearby)

  • Skytrain @ surrey central stn station · 940 m · Transit
  • Bus stop southbound university dr @ 104 ave · 950 m · Transit
  • Skytrain @ gateway stn station · 980 m · Transit

Schools NearBy

26 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

248 m

Forsyth Road Elementary School

Public

Grades Served

K-7

Catchment Info

In Catchment
3.3 / 10

Distance

291 m

Mary Jane Shannon Elementary School

Public

Grades Served

K-7

Catchment Info

3.7 / 10

Distance

1.20 KM

James Ardiel Elementary School

Public

Grades Served

K-7

Catchment Info

3.7 / 10

Distance

1.34 KM

Lena Shaw Elementary School

Public

Grades Served

K-7

Catchment Info

4.0 / 10

Distance

1.37 KM

Kwantlen Park Secondary School

Public

Grades Served

8-12

Catchment Info

In Catchment
5.7 / 10

Distance

1.42 KM

Guildford Park Secondary School

Public

Grades Served

8-12

Catchment Info

5.5 / 10

Distance

1.43 KM

Surrey Traditional School

Public

Grades Served

K-7

Catchment Info

5.6 / 10

Distance

1.46 KM

K B Woodward Elementary School

Public

Grades Served

K-7

Catchment Info

3.7 / 10

Distance

1.46 KM

City Central Learning Centre

Public

Grades Served

10-12

Catchment Info

3.0 / 10

Distance

1.58 KM

Old Yale Road Elementary School

Public

Grades Served

K-7

Catchment Info

4.2 / 10

Distance

1.60 KM

Ellendale Elementary School

Public

Grades Served

K-7

Catchment Info

3.0 / 10

Distance

1.67 KM

Honour Secondary School

Independent

Grades Served

10-12

Catchment Info

0

Distance

1.82 KM

Hjorth Road Elementary School

Public

Grades Served

K-7

Catchment Info

3.1 / 10

Distance

1.90 KM

Holly Elementary School

Public

Grades Served

K-7

Catchment Info

3.6 / 10

Distance

2.30 KM

Continuing Ed SD36 (Queen Elizabeth)

Public

Grades Served

Catchment Info

3.1 / 10

Distance

2.45 KM

Queen Elizabeth Secondary School

Public

Grades Served

8-12

Catchment Info

5.4 / 10

Distance

2.47 KM

Simon Cunningham Elementary School

Public

Grades Served

K-7

Catchment Info

4.1 / 10

Distance

2.49 KM

Iqra School

Independent

Grades Served

K-7

Catchment Info

9.2 / 10

Distance

2.63 KM

North Surrey Learning Centre

Public

Grades Served

10-12

Catchment Info

3.2 / 10

Distance

2.66 KM

SD 36 Alternate North Surrey LC

Public

Grades Served

Catchment Info

6.3 / 10

Distance

2.68 KM

Education Services (Alternate)

Public

Grades Served

Catchment Info

3.8 / 10

Distance

2.70 KM

Bonaccord Elementary School

Public

Grades Served

K-7

Catchment Info

5.8 / 10

Distance

2.83 KM

Betty Huff Elementary School

Public

Grades Served

K-7

Catchment Info

3.4 / 10

Distance

2.92 KM

Guildford Learning Centre

Public

Grades Served

10-12

Catchment Info

3.7 / 10

Distance

2.94 KM

A H P Matthew Elementary

Public

Grades Served

Catchment Info

4.5 / 10

Distance

2.98 KM

Pre-computed routes from 10587 138a St, Surrey, BC

By transit (Skytrain)

  • Downtown Vancouver via Surrey Central → Waterfront
    52 min
  • Metrotown, Burnaby via Surrey Central → Metrotown
    34 min
  • SFU Burnaby via Surrey Central → Production Way
    32 min
  • Richmond Centre via Surrey Central → Brighouse
    77 min
  • YVR Airport via Surrey Central → YVR-Airport
    78 min

By car (off-peak)

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

Calculate your commute

10587 138a St, Surrey, BC is ideally located for commuters. The property is 0.9 km from Surrey Central, with a 52 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Westbound 104 Ave @ 138A St (0.38 km). Walk Score Transit rating: Excellent Transit (80/100).

Walkability & Transit Near 10587 138a Street

Walk Score Badge
Car-Dependent 83

Walk Score - Very Walkable

Most errands can be accomplished on foot
Transit Score Badge
Some Transit 80

Transit Score - Excellent Transit

Transit is convenient for most trips
Bike Score Badge
Somewhat
Bikeable
78

Bike Score - Very Bikeable

Biking is convenient for most trips

BC Assessment Value — 10587 138a Street

2026 assessed value, sourced from City of Surrey open data (PID 010-246-045).
Total Assessed Value (2026)
$2,559,000
2026 Value Trend
Land
$2,549,000
Buildings
$10,000
Year Built
N/A
Class
N/A
Zoning
R3
Property Tax
N/A
Year Land Improvements Total Assessed YOY Change
2026 $2,549,000 $10,000 $2,559,000

Mortgage Calculator for 10587 138a Street

/month
Principal & Interest
Property Taxes $0
Maintenance fee 0
With a 20% down payment, buyers can expect an estimated $15,583/month in total housing costs on this $4,080,000 property — $15,583 mortgage payment.
or Call 778-918-5990
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.
Listing data last synced:

Investment Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
Cap Rate
Cash on Cash
Based on $9,182/month estimated rent and $15,855/month in total housing costs, this property has a -$6,673/month cashflow. Break-even down payment: approximately 55%.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 10587 138a Street, Surrey

Buy Vs Rent Calculator

/ month
Rent
Own
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 — Whalley, Surrey

Beds Home Types Square Feet Lot Size Year Built
This Home $4,080,000
Surrey Loading...
Whalley Loading...

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 Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy

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Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 13+ Years of Experience Serving Greater Vancouver

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Walkability & Transit Near 10587 138a Street

Walk Score Badge
Car-Dependent 83

Walk Score - Very Walkable

Most errands can be accomplished on foot
Transit Score Badge
Some Transit 80

Transit Score - Excellent Transit

Transit is convenient for most trips
Bike Score Badge
Somewhat
Bikeable
78

Bike Score - Very Bikeable

Biking is convenient for most trips

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