Home Surrey, BC Whalley 10612 138 Street

10612 138 St, Surrey BC - Single Family Residence for Sale - MLS# R3155423

8 days on the market

$2,500,000

Est. Mortgage $11,060/mo

Listing updated: Aug 17, 2026 at 01:00pm

EstateBlock checked: Aug 20, 2026 at 09:40am

Surrey Central

2 Beds

1 Baths

848 sqft

2948 $ /sqft

1951 built

8 days on the market

$2,500,000

Est. $11,060/mo with 20% down

Listing updated: Aug 17, 2026 at 01:00pm

EstateBlock checked: Aug 20, 2026 at 09:40am

Photo

Exceptional development opportunity in the heart of Surrey City Centre! This 2-bedroom, 1-bathroom home sits on a 7888 sq ft lot. Designated 6-storey land assembly area with up to 2.5 FAR potential. Just minutes from Gateway & Surrey Central SkyTrain Stations, SFU Campus, City Hall, T&T, Walmart, Central City Mall, and more. Easy access to King George Blvd, Fraser Hwy & Hwy 1. An ideal investment for future growth--perfectly positioned in a rapidly transforming urban hub!

Interior Features

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

Exterior Features

Exterior Features	Private Yard
Roof	Asphalt
Structures	Residential Detached

Building Details

Price	$2,500,000
Total Bedrooms	2
Total Bathrooms	1
Full Bathrooms	1
Half Bathrooms	0
Floor Area Total (sqft)	848
Year Built	1951
Age Of Building	75
Building Type	Single Family Residence
Property Type	Residential
Architecture Style	Rancher/Bungalow
Stories	1
Building Name	Surrey Central
Ownership Type	Freehold NonStrata
Community Features	Shopping Nearby
Utility Type	Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer	Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource)	Public
Parking Type	Open, RV Access/Parking, Front Access, Gravel
Total Parking Spaces	4
Rental Suites	None

Lot & Land

Lot Size	7888
Lot Size Depth	Feet
Lot Size Frontage	60.5
MLS^® #	R3155423
Area	North Surrey
Neighbourhood	Whalley
City	Surrey
Postal Code	V3T 4K5
Gross Taxes	$6,608.12
Zoning	RF

Property Timeline

Status	Date	Price
R3155423 / Active	08-12-2026	$2,500,000
to view full Property History (2 earlier records)

Rooms

Floor	Type	Dimensions
Main Level	Living Room	17' x 17' ft
Main Level	Kitchen	11' x 11' ft
Main Level	Eating Area	11' x 11' ft
Main Level	Bedroom	11' x 11' ft
Main Level	Bedroom	12' x 12' ft

Bathrooms

Floor	Ensuite	Pieces
Main Level	No	#3

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 0.28 km 3.3/10
Secondary
Kwantlen Park Secondary School: Average 1.38 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 0.32 km 8.5/10
Secondary
Honour Secondary School: 1.86 km

Closest Transit

Bus Stop
Eastbound 108 Ave @ 138 St: 0.37 km
Skytrain
Skytrain @ Gateway Stn: 0.91 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

30 / 100

Overall sell-speed score

May take longer

Price competition grade

Avg comparable: $737,500

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Market conditions

Market conditions unavailable

Flood Risk (FEMA/BC)

Unlikely — not in floodplain

Railway / Skytrain noise

Unlikely — 0.91 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

8 DOM

Listed

Whalley avg

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Surrey avg

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10612 138 Street has a sell-speed score of 30/100, placing it in the "May take longer than the area average to sell" band. The listing is priced 70.5% above comparable active properties in Whalley. Based on these signals, EstateBlock predicts this listing is could take longer than the area average to sell.

Climate Risk for V3T 4K5

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V3T 4K5, 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 (~5.3 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)

Domino's · 348 m · Fast Food
Manis pan-asian eatery · 355 m · Restaurant
Doni korean restaurant · 365 m · Restaurant

Shopping (28 nearby)

Michael & young fly shop · 321 m · Sports Shop
Pharmasave · 350 m · Pharmacy
Surrey station main · 427 m · Post Office

Groceries (16 nearby)

Lucky supermarket · 344 m · Supermarket
Surrey super market · 421 m · Supermarket
Gg's african caribbean market · 456 m · Supermarket

Cafes (11 nearby)

Ken's tea house · 538 m · Cafe
Huyen cafe · 538 m · Cafe
Starbucks · 628 m · Cafe

Healthcare (5 nearby)

Pharmasave · 350 m · Healthcare
Gain pharmacy · 513 m · Healthcare
East to west holistic · 632 m · Healthcare

Transit (3 nearby)

Skytrain @ gateway stn station · 911 m · Transit
Bus stop eastbound 104 ave @ 142 st · 935 m · Transit
Skytrain @ surrey central stn station · 943 m · Transit

Schools NearBy

24 Schools are within 3km

School	Type	Grades Served	Catchment Info	Rating	Distance
Forsyth Road Elementary School	Public	Grades Served K-7	Catchment Info In Catchment	3.3 / 10	Distance 283 m
Our Lady of Good Counsel	Independent	Grades Served K-7	Catchment Info —	8.5 / 10	Distance 318 m
Mary Jane Shannon Elementary School	Public	Grades Served K-7	Catchment Info —	3.7 / 10	Distance 1.25 KM
James Ardiel Elementary School	Public	Grades Served K-7	Catchment Info —	3.7 / 10	Distance 1.28 KM
Kwantlen Park Secondary School	Public	Grades Served 8-12	Catchment Info In Catchment	5.7 / 10	Distance 1.38 KM
K B Woodward Elementary School	Public	Grades Served K-7	Catchment Info —	3.7 / 10	Distance 1.41 KM
Surrey Traditional School	Public	Grades Served K-7	Catchment Info —	5.6 / 10	Distance 1.42 KM
Lena Shaw Elementary School	Public	Grades Served K-7	Catchment Info —	4.0 / 10	Distance 1.44 KM
Guildford Park Secondary School	Public	Grades Served 8-12	Catchment Info —	5.5 / 10	Distance 1.47 KM
City Central Learning Centre	Public	Grades Served 10-12	Catchment Info —	3.0 / 10	Distance 1.52 KM
Old Yale Road Elementary School	Public	Grades Served K-7	Catchment Info —	4.2 / 10	Distance 1.58 KM
Ellendale Elementary School	Public	Grades Served K-7	Catchment Info —	3.0 / 10	Distance 1.68 KM
Honour Secondary School	Independent	Grades Served 10-12	Catchment Info —	0	Distance 1.86 KM
Hjorth Road Elementary School	Public	Grades Served K-7	Catchment Info —	3.1 / 10	Distance 1.96 KM
Holly Elementary School	Public	Grades Served K-7	Catchment Info —	3.6 / 10	Distance 2.34 KM
Continuing Ed SD36 (Queen Elizabeth)	Public	Grades Served —	Catchment Info —	3.1 / 10	Distance 2.48 KM
Queen Elizabeth Secondary School	Public	Grades Served 8-12	Catchment Info —	5.4 / 10	Distance 2.50 KM
Simon Cunningham Elementary School	Public	Grades Served K-7	Catchment Info —	4.1 / 10	Distance 2.54 KM
Iqra School	Independent	Grades Served K-7	Catchment Info —	9.2 / 10	Distance 2.62 KM
North Surrey Learning Centre	Public	Grades Served 10-12	Catchment Info —	3.2 / 10	Distance 2.72 KM
SD 36 Alternate North Surrey LC	Public	Grades Served —	Catchment Info —	6.3 / 10	Distance 2.74 KM
Education Services (Alternate)	Public	Grades Served —	Catchment Info —	3.8 / 10	Distance 2.76 KM
Bonaccord Elementary School	Public	Grades Served K-7	Catchment Info —	5.8 / 10	Distance 2.90 KM
Betty Huff Elementary School	Public	Grades Served K-7	Catchment Info —	3.4 / 10	Distance 2.93 KM

Pre-computed routes from 10612 138 St, Surrey, BC

10612 138 St, Surrey, BC Gateway 0.9 km

50 min

Downtown Vancouver Waterfront Station

By transit (Skytrain)

Downtown Vancouver via Gateway → Waterfront
50 min
Metrotown, Burnaby via Gateway → Metrotown
32 min
SFU Burnaby via Gateway → Production Way
30 min
Richmond Centre via Gateway → Brighouse
75 min
YVR Airport via Gateway → YVR-Airport
76 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

10612 138 St, Surrey, BC is ideally located for commuters. The property is 0.9 km from Gateway, with a 50 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Eastbound 108 Ave @ 138 St (0.37 km). Walk Score Transit rating: Excellent Transit (82/100).

Walkability & Transit Near 10612 138 Street

Car-Dependent 85

Walk Score - Very Walkable

Most errands can be accomplished on foot

Some Transit 82

Transit Score - Excellent Transit

Transit is convenient for most trips

Somewhat
Bikeable 80

Bike Score - Very Bikeable

Biking is convenient for most trips

BC Assessment Value — 10612 138 Street

2026 assessed value, sourced from City of Surrey open data (PID 000-774-774).

Total Assessed Value (2026)

$1,667,000

2026 Value Trend

Land

$1,657,000

Buildings

$10,000

Year Built

N/A

Class

N/A

Zoning

Property Tax

N/A

Year	Land	Improvements	Total Assessed	YOY Change
2026	$1,657,000	$10,000	$1,667,000	—

Mortgage Calculator for 10612 138 Street

Home Price

Down Payment

Down Payment (percent)

Interest Rate

Loan Type

/month

Principal & Interest

Property Taxes $551

Maintenance fee 0

Based on a 30-year fixed at 4% interest with 20% down ($500,000), the estimated monthly payment for this listing is $10,099/month — $9,548 principal & interest, $551 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.

Listing data last synced: Aug 17, 2026

Investment Cashflow Calculator

Property Tax (Monthly)

Basic Insurance Cost

Rental Income

Vacancy Rate

Down Payment

Down Payment (percent)

/month

Mortgage Payment

Monthly Payment

Break Even Down Payment 0%

Cap Rate

Cash on Cash

At an estimated rental income of $6,115/month, this property runs a $4,209/month shortfall after mortgage and carrying costs. Break-even requires approximately 56% down.

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

Estateblock Rent Estimate for 10612 138 Street, Surrey

Buy Vs Rent Calculator

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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.