Home Surrey, BC Cedar Hills 12640 Old Yale Road

12640 Old Yale Rd, Surrey BC V3V 3Y2 – House for Sale – MLS® R3082905

12640 Old Yale Road, Surrey, British Columbia V3V 3Y2

Surrey Houses for Sale

291 days on the market

$3,599,000

Est. monthly cost $15,059/mo

Updated with MLS® - Nov 13, 2026 at 12:30am

4 Beds

2 Baths

2758 sqft

1305 $ /sqft

1938 built

Photos

This expansive 39,589 sq. ft. property is designated under the South Westminster Heights Neighbourhood Concept Plan (NCP), offering exceptional development potential. Buyers may apply for an NCP amendment and increased Floor Space Ratio (FSR), creating significant upside for future redevelopment. Located in a prime central Surrey location, this is a rare and compelling investment opportunity. Opportunities like this are limited—don’t miss out.

Building 19 fields Inside & out 12 fields Lot & land 10 fields

Building Details

Price	$3,599,000
Total Bedrooms	4
Total Bathrooms	2
Full Bathrooms	2
Half Bathrooms	0
Floor Area Total (sqft)	2758
Year Built	1938
Age Of Building	88
Building Type	Single Family Residence
Property Type	Residential
Stories	2
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	Additional Parking, Open, RV Access/Parking, Front Access
Total Parking Spaces	10
Rental Suites	None

Interior Features

Basement Finished Area (sqft)	0
Basement Features	None
Appliances Included	Washer/Dryer, Dishwasher, Refrigerator, Stove
Interior Features	Storage
Fireplace	2
Heating Type	Forced Air, Natural Gas
# of Kitchens	1
Foundation	Concrete Perimeter

Exterior Features

Exterior Features	Balcony
View Description	Mountains
Roof	Asphalt
Structures	Residential Detached

Lot & Land

Lot Size	39589
Lot Size Depth	Feet
Lot Size Frontage	170
MLS^® #	R3082905
Area	North Surrey
Neighbourhood	Cedar Hills
City	Surrey
Postal Code	V3V 3Y2
Gross Taxes	$6,675.87
Zoning	RF

Property Timeline

Status	Date	Price
R3082905 / Active	01-26-2026	$3,599,000
to view full Property History (1 earlier record)

Rooms

Floor	Type	Dimensions
Main Level	Living Room	12'9 x 12'9 ft
Main Level	Dining Room	12'8 x 12'8 ft
Main Level	Kitchen	13' x 13' ft
Main Level	Family Room	17' x 17' ft
Main Level	Bedroom	12' x 12' ft
Main Level	Den	17'1 x 17'1 ft
Above Level	Primary Bedroom	21' x 21' ft
Above Level	Bedroom	17' x 17' ft
Above Level	Bedroom	13'7 x 13'7 ft
Above Level	Other	15' x 15' ft

Bathrooms

Floor	Ensuite	Pieces
Above Level	No	#3
Main Level	No	#4

Listed by: 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.

Map, sell speed & climate

SkyTrain 0.72 km · L A Matheson Secondary School 5/10 · 2.63 km · crime average · flood lower risk · wildfire low

Map & area Sell speed Climate risk

Map & Neighbourhood

Nearby Restaurants, Cafes & Shops

Shopping (4 nearby)

Metrolife pharmacy · 542 m · Pharmacy
Gc barbershop · 660 m · Hairdresser
Anytime coffee express · 719 m · Kiosk

Restaurants (4 nearby)

Pizza pizza · 551 m · Fast Food
Subway · 767 m · Fast Food
Mcdonald's · 922 m · Fast Food

Cafes (2 nearby)

Chai coffee company · 679 m · Cafe
Anytime coffee · 718 m · Cafe

Transit (2 nearby)

Skytrain @ scott road stn station · 718 m · Transit
Bus stop eastbound 104 ave @ old yale rd · 996 m · Transit

Healthcare (1 nearby)

Metrolife pharmacy · 542 m · Healthcare

Public Schools

Secondary
L A Matheson Secondary School: Average 2.63 km 5/10
Elementary
Prince Charles Elementary School: Average 1.54 km 4.5/10

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 2.61 km 8.5/10
Secondary
Purpose Independent Secondary School: Average 2.88 km 4/10

Closest Transit

Bus Stop
Southbound 128 St @ 107A Ave: 0.32 km
Skytrain
Skytrain @ Scott Road Stn: 0.72 km

Crime Rate

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

Demographics

Post-Secondary Education: Below Average 14.3%
No Certificate/Degree: Above Average 25%
Owner Occupied: Average 66.8%
Employment Rate: Above Average 71.3%

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

Flood Risk

Unlikely — not in floodplain

Railway / Skytrain noise

Unlikely — 0.72 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 CEDAR HILLS compares

This property

291 DOM

Listed

Climate Risk for V3V 3Y2

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V3V 3Y2, 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. Nearest station: New Westminster Sapperton Park, New Westminster (~3.6 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.

Schools NearBy

19 Schools are within 3km

School	Type	Grades Served	Catchment Info	Rating	Distance
City Central Learning Centre	Public	Grades Served 10-12	Catchment Info —	3.0 / 10	Distance 996 m
K B Woodward Elementary School	Public	Grades Served K-7	Catchment Info —	3.7 / 10	Distance 1.02 KM
Kwantlen Park Secondary School	Public	Grades Served 8-12	Catchment Info —	5.7 / 10	Distance 1.21 KM
Prince Charles Elementary School	Public	Grades Served K-7	Catchment Info In Catchment	4.5 / 10	Distance 1.54 KM
Old Yale Road Elementary School	Public	Grades Served K-7	Catchment Info —	4.2 / 10	Distance 1.67 KM
Cedar Hills Elementary School	Public	Grades Served K-7	Catchment Info —	4.3 / 10	Distance 2.03 KM
James Ardiel Elementary School	Public	Grades Served K-7	Catchment Info —	3.7 / 10	Distance 2.44 KM
Forsyth Road Elementary School	Public	Grades Served K-7	Catchment Info —	3.3 / 10	Distance 2.58 KM
Our Lady of Good Counsel	Independent	Grades Served K-7	Catchment Info —	8.5 / 10	Distance 2.61 KM
L A Matheson Secondary School	Public	Grades Served 8-12	Catchment Info In Catchment	5.0 / 10	Distance 2.63 KM
Surrey Traditional School	Public	Grades Served K-7	Catchment Info —	5.6 / 10	Distance 2.72 KM
Senator Reid Elementary School	Public	Grades Served K-7	Catchment Info —	4.5 / 10	Distance 2.84 KM
New Westminster Online Schools	Public	Grades Served —	Catchment Info —	N/A	Distance 2.86 KM
Purpose Independent Secondary School	Independent	Grades Served 8-12	Catchment Info —	4.0 / 10	Distance 2.88 KM
Royal Heights Elementary School	Public	Grades Served K-7	Catchment Info —	3.5 / 10	Distance 2.89 KM
Betty Huff Elementary School	Public	Grades Served K-7	Catchment Info —	3.4 / 10	Distance 2.92 KM
Compass Christian New West	Independent	Grades Served —	Catchment Info —	6.4 / 10	Distance 2.95 KM
Bridgeview Elementary School	Public	Grades Served K-7	Catchment Info —	4.3 / 10	Distance 2.95 KM
Al-Hidayah School	Independent	Grades Served —	Catchment Info —	4.0 / 10	Distance 2.98 KM

Pre-computed routes from 12640 Old Yale Rd, Surrey, BC

12640 Old Yale Rd, Surrey, BC Scott Road 0.7 km

45 min

Downtown Vancouver Waterfront Station

By transit (Skytrain)

Downtown Vancouver via Scott Road → Waterfront
45 min
Metrotown, Burnaby via Scott Road → Metrotown
27 min
SFU Burnaby via Scott Road → Production Way
25 min
Richmond Centre via Scott Road → Brighouse
70 min
YVR Airport via Scott Road → YVR-Airport
71 min

By car (off-peak)

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

Calculate your commute

12640 Old Yale Rd, Surrey, BC is ideally located for commuters. The property is 0.7 km from Scott Road, with a 45 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Southbound 128 St @ 107A Ave (0.32 km). Walk Score Transit rating: Excellent Transit (79/100).

Walkability & Transit Near 12640 Old Yale Road

Car-Dependent 42

Walk Score - Car-Dependent

Most errands require a car

Excellent Transit 79

Transit Score - Excellent Transit

Transit is convenient for most trips

Somewhat Bikeable 27

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

BC Assessment Value — 12640 Old Yale Road

2026 assessed value, sourced from City of Surrey open data (PID 002-292-343).

Total Assessed Value (2026)

$1,853,700

2026 Value Trend

Land

$1,812,000

Buildings

$41,700

Year Built

N/A

Class

N/A

Zoning

Property Tax

N/A

Year	Land	Improvements	Total Assessed	YOY Change
2026	$1,812,000	$41,700	$1,853,700	—

Costs & calculators

Monthly cost about $15,059/month · rent estimate $8,526/month · owning catches up with renting by year 23 · cash flow if rented −$7,221/month

Mortgage Cash flow Rent estimate Rent vs own

Mortgage Calculator for 12640 Old Yale Road

$15,059 /month

Principal & Interest $14,503

Property Taxes $556

Maintenance fee $0

The estimated monthly cost of 12640 Old Yale Road, Surrey is $15,059: $14,503 principal and interest with 20% down over 30 years at 4.45%, plus $556 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.

Investment Cashflow Calculator

−$7,221 /month

Mortgage Payment $14,503

Monthly Cash Flow −$7,221

Break Even Down Payment 60%

Cap Rate -2.4%

Cash on Cash -12.0%

If 12640 Old Yale Road, Surrey were rented at $8,526 a month with 5% vacancy, it would fall $7,221 a month short of the mortgage and carrying costs; about 60% down would break even.

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

Estateblock Rent Estimate for 12640 Old Yale Road, Surrey

$8,526 / month

Rent $8,526

Own $15,059

Principal: $4,664/mo Interest, tax, insurance, fees: $10,395/mo

Example shown is the principal portion at year 5 of the mortgage. It grows over the loan: ~$3,905/mo (year 1) → ~$9,081/mo (year 20) → ~$13,544/mo (year 29).

Net cost to own at year 5 ~$10,395/mo About $1,869/mo more than renting

EstateBlock estimates 12640 Old Yale Road, Surrey would rent for about $8,526 a month.

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.

Rent vs own: 12640 Old Yale Road

Rent vs own

Owning catches up by year 23

With 20% down ($719,800) at 4.45%: renting is cheaper at first, but principal paydown closes the gap

Principal paid off by year 5 $256,575

Principal paid off by year 10 $576,956

Assumes 20% down payment, 4.45% fixed rate, 30-year amortization. Rent line = full rent (money gone). Own line = interest + property tax + fees, excluding principal (money you keep as equity). No appreciation, investment returns or transaction costs included.

Renting 12640 Old Yale Road, Surrey is cheaper at first, but owning catches up by year 23, with $256,575 of principal paid off by year 5 and $576,956 by year 10.