12488 92 Ave, Surrey BC - Single Family Residence for Sale - MLS# R3148700

57 days on the market
$1,399,999
Est. Mortgage $6,194/mo
Listing updated:
EstateBlock checked:
6 Beds
3 Baths
3083 sqft
454 $ /sqft
1958 built
57 days on the market
$1,399,999
$1,449,999
Est. $6,194/mo with 20% down
Listing updated:
EstateBlock checked:

Property Details for 12488 92 Avenue

Rare opportunity on a prime 11,404 sq. ft. corner lot with two road frontages! This spacious 6-bedroom home features a primary bedroom on the main floor and offers excellent holding or investment potential. The detached garage includes a suite, providing valuable mortgage helper income. Zoned R3, this property presents outstanding redevelopment potential, with the possibility of a 4-6 unit houseplex (buyer to verify all development potential with the City). Ideal for investors, builders, or those seeking a large family home with future upside. Conveniently located close to schools, parks, shopping, transit, and other amenities. Don't miss this exceptional opportunity!

Interior Features

Basement Finished Area (sqft) 506
Basement Features None
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Heating Type Forced Air, Hot Water
# of Kitchens 2
Foundation Concrete Perimeter

Exterior Features

Exterior Features Private Yard
Roof Asphalt
Structures Residential Detached

Building Details

Price $1,399,999
Total Bedrooms 6
Total Bathrooms 3
Full Bathrooms 2
Half Bathrooms 1
Floor Area Total (sqft) 3083
Year Built 1958
Age Of Building 68
Building Type Single Family Residence
Property Type Residential
Stories 1
Ownership Type Freehold NonStrata
Utility Type Electricity Connected, Natural Gas Connected
Utility Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource) Public
Parking Type Detached, Open, RV Access/Parking, Front Access, Side Access, Asphalt
Total Parking Spaces 6
Rental Suites Unauthorized Suite

Lot & Land

Lot Size 11404
Lot Size Depth Feet
Lot Size Frontage 75
MLS® # R3148700
Area Surrey
Neighbourhood Queen Mary Park Surrey
City Surrey
Postal Code V3V 1G5
Gross Taxes $5,911.32
Zoning R3

Property Timeline

Status Date Price
R3148700 / Active 07-22-2026 $1,399,999
Rooms
Floor Type Dimensions
Main Level Living Room 16'0 x 16'0 ft
Main Level Kitchen 10'6 x 10'6 ft
Main Level Dining Room 15'7 x 15'7 ft
Main Level Games Room 22'6 x 22'6 ft
Main Level Primary Bedroom 11'2 x 11'2 ft
Main Level Solarium 37'7 x 37'7 ft
Above Level Bedroom 11'9 x 11'9 ft
Above Level Bedroom 11'9 x 11'9 ft
Above Level Bedroom 11'9 x 11'9 ft
Above Level Bedroom 11'9 x 11'9 ft
Bathrooms
Floor Ensuite Pieces
Main Level No #4
Above Level No #2
Basement No #4

Listed by: RE/MAX Sabre Realty Group

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

Secondary
L A Matheson Secondary School
Average 0.82 km 5/10
Elementary
Kirkbride Elementary School
Below Average 0.65 km 2.9/10

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

Private Schools

Elementary
Immaculate Conception School
Above Average 1.29 km 7.8/10
Secondary
Purpose Independent Secondary School
Average 4.37 km 4/10

Closest Transit

Bus Stop
Westbound 92 Ave @ 124 St
0.24 km
Skytrain
Skytrain @ King George Stn
2.74 km

Crime Rate

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

Demographics

Post-Secondary Education
Below Average 14.4%
No Certificate/Degree
Above Average 32.6%
Owner Occupied
Average 68.7%
Employment Rate
Above Average 82.3%

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 — 2.74 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 QUEEN MARY PARK SURREY compares
This property
57 DOM
Listed
Queen Mary Park Surrey avg
Surrey avg

12488 92 Avenue 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 V3V 1G5

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V3V 1G5, 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 A / Excellent

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.

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 (10 nearby)

  • Barcelo's · 605 m · Fast Food
  • Sam's chaat house · 606 m · Restaurant
  • Pizza hut · 622 m · Restaurant

Shopping (6 nearby)

  • Vision express · 615 m · Optician
  • Reitmans · 616 m · Clothes
  • Td nails · 628 m · Beauty Shop

Groceries (4 nearby)

  • Cheema bros · 635 m · Butcher
  • Angry otter liquor · 657 m · Beverages
  • Neighbours · 767 m · Convenience

Cafes (1 nearby)

  • Tim hortons · 703 m · Cafe

Transit (1 nearby)

  • Bus stop southbound scott rd @ 92 ave · 993 m · Transit

Schools NearBy

29 Schools are within 3km

School Type Grades Served Catchment Info Rating Distance

Senator Reid Elementary School

Public

Grades Served

K-7

Catchment Info

4.5 / 10

Distance

344 m

Kirkbride Elementary School

Public

Grades Served

K-7

Catchment Info

In Catchment
2.9 / 10

Distance

648 m

David Brankin Elementary School

Public

Grades Served

K-7

Catchment Info

4.4 / 10

Distance

710 m

L A Matheson Secondary School

Public

Grades Served

8-12

Catchment Info

In Catchment
5.0 / 10

Distance

817 m

Continuing Ed SD36 (Invergarry)

Public

Grades Served

Catchment Info

0

Distance

1.05 KM

Cedar Hills Elementary School

Public

Grades Served

K-7

Catchment Info

4.3 / 10

Distance

1.20 KM

Betty Huff Elementary School

Public

Grades Served

K-7

Catchment Info

3.4 / 10

Distance

1.23 KM

Immaculate Conception School

Independent

Grades Served

K-7

Catchment Info

7.8 / 10

Distance

1.29 KM

Immaculate Conception

Independent

Grades Served

Catchment Info

7.3 / 10

Distance

1.33 KM

Sikh Academy

Independent

Grades Served

K-7

Catchment Info

7.6 / 10

Distance

1.63 KM

Prince Charles Elementary School

Public

Grades Served

K-7

Catchment Info

4.5 / 10

Distance

1.65 KM

Delview Secondary School

Public

Grades Served

8-12

Catchment Info

6.1 / 10

Distance

1.72 KM

Kennedy Trail Elementary School

Public

Grades Served

K-7

Catchment Info

4.1 / 10

Distance

1.85 KM

Royal Heights Elementary School

Public

Grades Served

K-7

Catchment Info

3.5 / 10

Distance

1.94 KM

Cindrich Elementary School

Public

Grades Served

K-7

Catchment Info

4.2 / 10

Distance

1.95 KM

Hellings Elementary School

Public

Grades Served

K-7

Catchment Info

5.2 / 10

Distance

1.96 KM

Gibson Elementary School

Public

Grades Served

K-7

Catchment Info

4.3 / 10

Distance

2.03 KM

Queen Elizabeth Secondary School

Public

Grades Served

8-12

Catchment Info

5.4 / 10

Distance

2.18 KM

Continuing Ed SD36 (Queen Elizabeth)

Public

Grades Served

Catchment Info

3.1 / 10

Distance

2.19 KM

Bridgeview Elementary School

Public

Grades Served

K-7

Catchment Info

4.3 / 10

Distance

2.20 KM

Old Yale Road Elementary School

Public

Grades Served

K-7

Catchment Info

4.2 / 10

Distance

2.39 KM

North Delta Secondary

Public

Grades Served

Catchment Info

5.4 / 10

Distance

2.74 KM

Creekside Elementary School

Public

Grades Served

K-7

Catchment Info

4.2 / 10

Distance

2.78 KM

Newton Elementary School

Public

Grades Served

K-7

Catchment Info

3.6 / 10

Distance

2.79 KM

Devon Gardens Elementary School

Public

Grades Served

K-7

Catchment Info

5.7 / 10

Distance

2.79 KM

Richardson Elementary School

Public

Grades Served

K-7

Catchment Info

5.2 / 10

Distance

2.81 KM

Kwantlen Park Secondary School

Public

Grades Served

8-12

Catchment Info

5.7 / 10

Distance

2.87 KM

Annieville Elementary

Public

Grades Served

Catchment Info

6.1 / 10

Distance

3.00 KM

Home Quest

Public

Grades Served

Catchment Info

0

Distance

3.00 KM

Pre-computed routes from 12488 92 Ave, Surrey, BC

By transit (Skytrain)

  • Downtown Vancouver via King George → Waterfront
    76 min
  • Metrotown, Burnaby via King George → Metrotown
    58 min
  • SFU Burnaby via King George → Production Way
    56 min
  • Richmond Centre via King George → Brighouse
    101 min
  • YVR Airport via King George → YVR-Airport
    102 min

By car (off-peak)

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

Calculate your commute

12488 92 Ave, Surrey, BC is ideally located for commuters. The property is 2.7 km from King George, with a 76 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Westbound 92 Ave @ 124 St (0.24 km).

Walkability & Transit Near 12488 92 Avenue

Walk Score Badge
Car-Dependent 4

Walk Score - Car-Dependent

Almost all errands require a car
Transit Score Badge
Some Transit 0

Transit Score - Minimal Transit

It is possible to get on a bus
Bike Score Badge
Somewhat
Bikeable
0

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

BC Assessment Value — 12488 92 Avenue

2026 assessed value, sourced from City of Surrey open data (PID 016-767-977).
Total Assessed Value (2026)
$1,413,500
2026 Value Trend
Land
$1,368,000
Buildings
$45,500
Year Built
N/A
Class
N/A
Zoning
R3
Property Tax
N/A
Year Land Improvements Total Assessed YOY Change
2026 $1,368,000 $45,500 $1,413,500

Mortgage Calculator for 12488 92 Avenue

/month
Principal & Interest
Property Taxes $493
Maintenance fee 0
Financing 80% of the $1,399,999 asking price over 30 years at 4% results in approximately $5,840/month in total estimated carrying costs, $493 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:

Investment Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
Cap Rate
Cash on Cash
This listing generates an estimated $5,249/month in rental income, leaving a -$769/month cashflow at current carrying costs. Investors targeting break-even would need roughly 32% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 12488 92 Avenue, 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 — Queen Mary Park Surrey, Surrey

Beds Home Types Square Feet Lot Size Year Built
This Home $1,399,999
Surrey Loading...
Queen Mary Park Surrey 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

Call or Text Now!

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 12488 92 Avenue

Walk Score Badge
Car-Dependent 4

Walk Score - Car-Dependent

Almost all errands require a car
Transit Score Badge
Some Transit 0

Transit Score - Minimal Transit

It is possible to get on a bus
Bike Score Badge
Somewhat
Bikeable
0

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

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