Best-priced opportunity on a nearly 8,000 sqft lot in a prime Surrey location. This basement-entry home features 3 bedrooms and 2 bathrooms on the main floor, plus a 1-bedroom suite below. The basement is currently rented for $1,600 per month on a month-to-month basis, offering immediate rental income. The spacious backyard includes a large deck and potential for duplex or future redevelopment, subject to City approval and buyer verification. Conveniently located near schools, parks, transit, and everyday amenities. Ideal for investors, builders, or families seeking long-term value. Updates include main-floor renovations completed in 2017–2018, basement walls, flooring, and kitchen renovated in 2017, and a new hot water tank and appliances installed between 2020 and 2021.
| Basement Finished Area (sqft) | 863 |
|---|---|
| Basement Features | Full, Finished |
| Appliances Included | Washer/Dryer, Dishwasher, Refrigerator, Stove |
| Heating Type | Forced Air |
| # of Kitchens | 2 |
| Flooring | Mixed |
| Foundation | Concrete Perimeter |
| Exterior Features | Balcony |
|---|---|
| Roof | Asphalt |
| Structures | Residential Detached |
| Price | $998,000 |
|---|---|
| Total Bedrooms | 4 |
| Total Bathrooms | 3 |
| Full Bathrooms | 2 |
| Half Bathrooms | 1 |
| Floor Area Total (sqft) | 2103 |
| Year Built | 1970 |
| Age Of Building | 56 |
| Building Type | Single Family Residence |
| Property Type | Residential |
| Stories | 2 |
| Ownership Type | Freehold NonStrata |
| Community Features | Shopping Nearby |
| Utility Type | Electricity Connected, Water Connected |
| Utility Sewer | Septic Tank |
| Water (WaterSource) | Public |
| Parking Type | Additional Parking, Garage Single, Front Access |
| Total Parking Spaces | 4 |
| Rental Suites | Unauthorized Suite |
| Lot Size | 7937 |
|---|---|
| Lot Size Depth | Feet |
| Lot Size Frontage | 62 |
| MLS® # | R3123774 |
| Area | Surrey |
| Neighbourhood | Panorama Ridge |
| City | Surrey |
| Postal Code | V3X 2P5 |
| Gross Taxes | $4,847.48 |
| Zoning | RA |
| Status | Date | Price |
|---|---|---|
| R3123774 / Active | 05-12-2026 | $998,000 |
| to view full Property History (3 earlier records) | ||
| Floor | Type | Dimensions |
|---|---|---|
| Main Level | Living Room | 17'6 x 17'6 ft |
| Main Level | Dining Room | 10'4 x 10'4 ft |
| Main Level | Kitchen | 9' x 9' ft |
| Main Level | Primary Bedroom | 14' x 14' ft |
| Main Level | Bedroom | 10' x 10' ft |
| Main Level | Bedroom | 11' x 11' ft |
| Basement Level | Living Room | 18' x 18' ft |
| Basement Level | Kitchen | 13' x 13' ft |
| Basement Level | Bedroom | 14' x 14' ft |
| Floor | Ensuite | Pieces |
|---|---|---|
| Main Level | Yes | #2 |
| Main Level | No | #4 |
| Basement | No | #3 |
Listed by: Sutton Group-West Coast 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.
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
12627 58 Avenue has a sell-speed score of 66/100, placing it in the "Expected to sell within weeks" band. The listing is priced 20.5% below comparable active properties in Panorama Ridge, which is a strong competitive signal. Based on these signals, EstateBlock predicts this listing is likely to sell within a few weeks.
Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V3X 2P5, 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 (~5.9 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.
17 Schools are within 3km
| School | Type | Grades Served | Catchment Info | Rating | Distance |
|---|---|---|---|---|---|
J T Brown Elementary School |
Public |
Grades ServedK-7
|
Catchment InfoIn Catchment
|
4.0 / 10 |
Distance365 m
|
Al-Mustafa School |
Independent |
Grades Served—
|
Catchment Info—
|
0 |
Distance787 m
|
Colebrook Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
5.4 / 10 |
Distance789 m
|
Panorama Park Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
4.5 / 10 |
Distance886 m
|
Boundary Park Elementary |
Public |
Grades Served—
|
Catchment Info—
|
6.5 / 10 |
Distance1.14 KM
|
Beaver Creek Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
4.0 / 10 |
Distance1.52 KM
|
Tamanawis Secondary School |
Public |
Grades Served8-12
|
Catchment InfoIn Catchment
|
5.6 / 10 |
Distance1.57 KM
|
Martha Jane Norris Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
4.4 / 10 |
Distance1.76 KM
|
St. Bernadette |
Independent |
Grades ServedK-7
|
Catchment Info—
|
8.6 / 10 |
Distance1.82 KM
|
St Bernadette |
Independent |
Grades Served—
|
Catchment Info—
|
8.6 / 10 |
Distance1.85 KM
|
Pinewood Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
6.0 / 10 |
Distance1.86 KM
|
North Ridge Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
3.4 / 10 |
Distance1.88 KM
|
Henry Bose Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
3.8 / 10 |
Distance2.19 KM
|
Gabrielle-Roy |
Public |
Grades Served—
|
Catchment Info—
|
6.1 / 10 |
Distance2.46 KM
|
Cougar Creek Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
4.5 / 10 |
Distance2.63 KM
|
W E Kinvig Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
3.2 / 10 |
Distance2.82 KM
|
Princess Margaret Secondary School |
Public |
Grades Served8-12
|
Catchment Info—
|
5.2 / 10 |
Distance2.82 KM
|
| Year | Land | Improvements | Total Assessed | YOY Change |
|---|---|---|---|---|
| 2026 | $1,105,000 | $48,300 | $1,153,300 | — |
Buy Vs Rent Calculator
Rent vs own
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Comparable data is unavailable at the neighbourhood level. City-wide in Surrey, similar Single Family Residences average $1,255,000 across 13 active listings — this listing is 20.5% below the Surrey average. This property is flagged as a Hot Deal (20.5% cheaper than comparables) based on its competitive pricing and market demand.
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