Exceptional development/holding opportunity in a highly sought-after location! This beautiful 7,600+ square foot corner lot (115 feet frontage on 78 Avenue & 66 feet on 124 Street) is zoned R3, allowing for a FOURPLEX or DUPLEX with 2 legal suites – the perfect site for your next project or investment. The property currently features a 3-bedroom rancher, offering excellent rental income potential during planning and permitting. Bus stop is right next to the property (Bus #329 – direct to Surrey Central Station), and Strawberry Hill Elementary is just 1 block away – a fantastic location for families and commuters alike.
| Basement Finished Area (sqft) | 0 |
|---|---|
| Basement Features | Full |
| Appliances Included | Washer/Dryer, Dishwasher, Refrigerator, Stove |
| Interior Features | Storage |
| Heating Type | Forced Air, Natural Gas |
| Laundry | In Unit |
| # of Kitchens | 1 |
| Flooring | Vinyl, Carpet |
| Foundation | Concrete Perimeter, Slab |
| Roof | Tile |
|---|---|
| Structures | Residential Detached |
| Price | $1,224,999 |
|---|---|
| Total Bedrooms | 3 |
| Total Bathrooms | 1 |
| Full Bathrooms | 1 |
| Half Bathrooms | 0 |
| Floor Area Total (sqft) | 1445 |
| Year Built | 1958 |
| Age Of Building | 68 |
| 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, Water Connected |
| Utility Sewer | Public Sewer, Sanitary Sewer, Storm Sewer |
| Water (WaterSource) | Public |
| Parking Type | Additional Parking, Open, RV Access/Parking, Front Access |
| Total Parking Spaces | 8 |
| Lot Size | 7677 |
|---|---|
| Lot Size Depth | Feet |
| Lot Size Frontage | 115.65 |
| MLS® # | R3150476 |
| Area | Surrey |
| Neighbourhood | West Newton |
| City | Surrey |
| Postal Code | V3W 2X5 |
| Gross Taxes | $4,911.92 |
| Zoning | R3 |
| Status | Date | Price |
|---|---|---|
| R3150476 / Active | 07-27-2026 | $1,224,999 |
| to view full Property History (3 earlier records) | ||
| Floor | Type | Dimensions |
|---|---|---|
| Main Level | Living Room | 18' x 18' ft |
| Main Level | Dining Room | 12' x 12' ft |
| Main Level | Kitchen | 12' x 12' ft |
| Main Level | Primary Bedroom | 13' x 13' ft |
| Main Level | Bedroom | 18' x 18' ft |
| Main Level | Bedroom | 11' x 11' ft |
| Main Level | Laundry | 7' x 7' ft |
| Floor | Ensuite | Pieces |
|---|---|---|
| Main Level | No | #4 |
Listed by: Coldwell Banker Universe Realty & Century 21 Coastal Realty Ltd.
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.
Public Schools
Information includes BC Government Open License data; school details change often and are offered solely as general guidance.
Private Schools
Closest Transit
Crime Rate
Demographics
Noise/ Power Lines
Other
12411 78 Avenue has a sell-speed score of 50/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 3.3% below comparable active properties in West Newton, which is a strong competitive signal. Based on these signals, EstateBlock predicts this listing is may take several weeks to attract serious offers.
Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V3W 2X5, over the next 30 years. Projections use the 2041–2070 period (2050s) under a moderate emissions scenario (SSP2-4.5).
Outside of designated flood hazard zones. Under 10% of buildings in this area have flood risk over the next 30 years.
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.
Annual avg PM2.5 4.5 µg/m³ — meets WHO 2021 guideline (BC ENV 2024). Nearest station: North Delta, Delta (~2.2 km). Annual avg AQHI 2.1 — Low Risk.
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.
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.
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.
33 Schools are within 3km
| School | Type | Grades Served | Catchment Info | Rating | Distance |
|---|---|---|---|---|---|
Strawberry Hill Elementary School |
Public |
Grades ServedK-7
|
Catchment InfoIn Catchment
|
3.6 / 10 |
Distance361 m
|
Westerman Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
3.6 / 10 |
Distance546 m
|
Dr. F. D. Sinclair Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
3.8 / 10 |
Distance1.08 KM
|
Kennedy Trail Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
4.1 / 10 |
Distance1.09 KM
|
Jarvis Traditional Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
5.7 / 10 |
Distance1.14 KM
|
Princess Margaret Secondary School |
Public |
Grades Served8-12
|
Catchment InfoIn Catchment
|
5.2 / 10 |
Distance1.57 KM
|
Cougar Creek Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
4.5 / 10 |
Distance1.60 KM
|
Sikh Academy |
Independent |
Grades ServedK-7
|
Catchment Info—
|
7.6 / 10 |
Distance1.74 KM
|
McCloskey Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
3.7 / 10 |
Distance1.85 KM
|
Newton Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
3.6 / 10 |
Distance2.00 KM
|
Continuing Ed SD36 (Invergarry) |
Public |
Grades Served—
|
Catchment Info—
|
0 |
Distance2.04 KM
|
North Delta Secondary |
Public |
Grades Served—
|
Catchment Info—
|
5.4 / 10 |
Distance2.09 KM
|
Surrey Muslim School |
Independent |
Grades ServedK-7
|
Catchment Info—
|
6.7 / 10 |
Distance2.25 KM
|
Chalmers Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
5.0 / 10 |
Distance2.26 KM
|
Hellings Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
5.2 / 10 |
Distance2.30 KM
|
Gabrielle-Roy |
Public |
Grades Served—
|
Catchment Info—
|
6.1 / 10 |
Distance2.35 KM
|
W E Kinvig Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
3.2 / 10 |
Distance2.37 KM
|
Immaculate Conception |
Independent |
Grades Served—
|
Catchment Info—
|
7.3 / 10 |
Distance2.40 KM
|
Immaculate Conception School |
Independent |
Grades ServedK-7
|
Catchment Info—
|
7.8 / 10 |
Distance2.42 KM
|
Richardson Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
5.2 / 10 |
Distance2.42 KM
|
Burnsview Secondary |
Public |
Grades Served—
|
Catchment Info—
|
6.4 / 10 |
Distance2.44 KM
|
Tamanawis Secondary School |
Public |
Grades Served8-12
|
Catchment Info—
|
5.6 / 10 |
Distance2.54 KM
|
Martha Jane Norris Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
4.4 / 10 |
Distance2.60 KM
|
Beaver Creek Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
4.0 / 10 |
Distance2.62 KM
|
Cougar Canyon Elementary |
Public |
Grades Served—
|
Catchment Info—
|
6.7 / 10 |
Distance2.64 KM
|
Seaquam Secondary |
Public |
Grades Served—
|
Catchment Info—
|
7.2 / 10 |
Distance2.64 KM
|
Annieville Elementary |
Public |
Grades Served—
|
Catchment Info—
|
6.1 / 10 |
Distance2.76 KM
|
Home Quest |
Public |
Grades Served—
|
Catchment Info—
|
0 |
Distance2.76 KM
|
Bear Creek Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
3.4 / 10 |
Distance2.77 KM
|
David Brankin Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
4.4 / 10 |
Distance2.84 KM
|
Kirkbride Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
2.9 / 10 |
Distance2.86 KM
|
St Bernadette |
Independent |
Grades Served—
|
Catchment Info—
|
8.6 / 10 |
Distance2.94 KM
|
St. Bernadette |
Independent |
Grades ServedK-7
|
Catchment Info—
|
8.6 / 10 |
Distance3.00 KM
|
Calculate your commute
12411 78 Ave, Surrey, BC is ideally located for commuters. The property is 4.9 km from King George, with a 102 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Northbound 124 St @ 78 Ave (0.02 km). Walk Score Transit rating: Good Transit (57/100).
| Year | Land | Improvements | Total Assessed | YOY Change |
|---|---|---|---|---|
| 2026 | $1,183,000 | $16,100 | $1,199,100 | — |
Buy Vs Rent Calculator
Rent vs own
—
Comparable data is unavailable at the neighbourhood level. City-wide in Surrey, similar Single Family Residences average $1,266,333 across 5 active listings — this listing is 3.3% below the Surrey average.
Potential Cashback for this listing if you buy with us
to track your cashback progress
Buy with us & save on this property
$1,317,000
7737 123a Street, Surrey, BC
$1,049,879
12509 77b Avenue, Surrey, BC
$999,900
7675 125 Street, Surrey, BC
$988,000
12458 76b Avenue, Surrey, BC
$1,274,999
7923 122a Street, Surrey, BC
$1,250,000
7629 126a Street, Surrey, BC
$1,250,000
7654 126a Street, Surrey, BC
$1,199,000
7478 123 Street, Surrey, BC
$1,350,000
7376 123 Street, Surrey, BC
$1,375,000
7325 123 Street, Surrey, BC
$1,055,000
7368 Parkwood Drive, Surrey, BC
$1,089,000
7363 129 Street, Surrey, BC