12866 56 Ave, Surrey BC - Single Family Residence for Sale - MLS# R3111036

145 days on the market
$5,999,000
Est. Mortgage $26,539/mo
Listing updated:
EstateBlock checked:
5 Beds
4 Baths
2763 sqft
2171 $ /sqft
1970 built
145 days on the market
$5,999,000
Est. $26,539/mo with 20% down
Listing updated:
EstateBlock checked:

Property Details for 12866 56 Avenue

Rare 2.34-acre parcel in Panorama Ridge with subdivision potential! This duplex-style property includes an attached secondary suite. Services accessible from the front on 56 Avenue, with a future back lane planned for additional access. Please do not disturb tenants. A unique investment opportunity in a highly desirable area. Contact listing agent for more details and development potential. Must have permission from listing agent to walk the property.

Interior Features

Basement Finished Area (sqft) 0
Basement Features Unfinished
Fireplace 2
Heating Type Hot Water, Natural Gas
# of Kitchens 1
Foundation Slab

Exterior Features

Roof Wood
Structures Residential Detached

Building Details

Price $5,999,000
Total Bedrooms 5
Total Bathrooms 4
Full Bathrooms 2
Half Bathrooms 2
Floor Area Total (sqft) 2763
Year Built 1970
Age Of Building 56
Building Type Single Family Residence
Property Type Residential
Stories 1
Ownership Type Freehold NonStrata
Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Septic Tank
Water (WaterSource) Public
Parking Type Carport Single, Open, Front Access
Total Parking Spaces 10
Rental Suites None

Lot & Land

Lot Size 2.34
Lot Size Depth Feet
Lot Size Frontage 170.6
MLS® # R3111036
Area Surrey
Neighbourhood Panorama Ridge
City Surrey
Postal Code V3X 2Y9
Gross Taxes $16,663.82
Zoning RH

Property Timeline

Status Date Price
R3111036 / Active 04-14-2026 $5,999,000
to view full Property History (1 earlier record)
Rooms
Floor Type Dimensions
Main Level Bedroom 12'0 x 12'0 ft
Main Level Primary Bedroom 18'4 x 18'4 ft
Main Level Living Room 18'6 x 18'6 ft
Main Level Kitchen 13'10 x 13'10 ft
Main Level Dining Room 15'7 x 15'7 ft
Main Level Bedroom 10'0 x 10'0 ft
Main Level Bedroom 10'0 x 10'0 ft
Above Level Primary Bedroom 22'0 x 22'0 ft
Above Level Den 9'0 x 9'0 ft
Bathrooms
Floor Ensuite Pieces
Above Level No #3
Main Level No #2
Above Level No #3
Main Level No #2

Listed by: LPT Realty ULC

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
Colebrook Elementary School
Average 0.63 km 5.4/10

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

Private Schools

Elementary
Al-Mustafa School
0.73 km
Elementary,Secondary
Regent Christian Online Academy
Above Average 4.98 km 8.2/10

Closest Transit

Bus Stop
Westbound 56 Ave @ 128 St
0.11 km
Skytrain
Skytrain @ 152 St Station ( Under Construction till 2029)
8.35 km

Crime Rate

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

Demographics

Post-Secondary Education
Above Average 33.1%
No Certificate/Degree
Below Average 12.1%
Owner Occupied
Below Average 52.5%
Employment Rate
Average 61.5%

Noise/ Power Lines

Road/Hwy Noise
Unlikely
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
D
Price competition grade
Avg comparable: $-4,361,273
Market conditions
Market conditions unavailable
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 8.35 km from station
Road / Highway noise
Unlikely
Airport noise (YVR)
Unlikely
Power lines proximity
Unlikely
ALR (Agricultural Land Reserve)
No — not in ALR
How PANORAMA RIDGE compares
This property
145 DOM
Listed
Panorama Ridge avg
Surrey avg

12866 56 Avenue 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 172.7% above comparable active properties in Panorama Ridge. Based on these signals, EstateBlock predicts this listing is could take longer than the area average to sell.

Climate Risk for V3X 2Y9

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V3X 2Y9, 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 (~6.6 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

Transit (1 nearby)

  • Bus stop westbound new mclellan rd @ 124 st · 987 m · Transit

Schools NearBy

15 Schools are within 3km

School Type Grades Served Catchment Info Rating Distance

Colebrook Elementary School

Public

Grades Served

K-7

Catchment Info

In Catchment
5.4 / 10

Distance

633 m

Al-Mustafa School

Independent

Grades Served

Catchment Info

0

Distance

725 m

J T Brown Elementary School

Public

Grades Served

K-7

Catchment Info

4.0 / 10

Distance

1.05 KM

Panorama Park Elementary School

Public

Grades Served

K-7

Catchment Info

4.5 / 10

Distance

1.19 KM

North Ridge Elementary School

Public

Grades Served

K-7

Catchment Info

3.4 / 10

Distance

1.71 KM

Boundary Park Elementary

Public

Grades Served

Catchment Info

6.5 / 10

Distance

1.82 KM

St. Bernadette

Independent

Grades Served

K-7

Catchment Info

8.6 / 10

Distance

2.02 KM

St Bernadette

Independent

Grades Served

Catchment Info

8.6 / 10

Distance

2.07 KM

Tamanawis Secondary School

Public

Grades Served

8-12

Catchment Info

5.6 / 10

Distance

2.09 KM

Martha Jane Norris Elementary School

Public

Grades Served

K-7

Catchment Info

4.4 / 10

Distance

2.14 KM

Beaver Creek Elementary School

Public

Grades Served

K-7

Catchment Info

4.0 / 10

Distance

2.17 KM

Henry Bose Elementary School

Public

Grades Served

K-7

Catchment Info

3.8 / 10

Distance

2.25 KM

Pinewood Elementary School

Public

Grades Served

K-7

Catchment Info

6.0 / 10

Distance

2.52 KM

Gabrielle-Roy

Public

Grades Served

Catchment Info

6.1 / 10

Distance

2.75 KM

Woodward Hill Elementary School

Public

Grades Served

K-7

Catchment Info

4.7 / 10

Distance

2.97 KM

Walkability & Transit Near 12866 56 Avenue

Walk Score Badge
Car-Dependent 27

Walk Score - Car-Dependent

Most errands require a car
Transit Score Badge
Some Transit 31

Transit Score - Some Transit

A few nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
39

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

BC Assessment Value — 12866 56 Avenue

2026 assessed value, sourced from City of Surrey open data (PID 007-483-945).
Total Assessed Value (2026)
$4,141,300
2026 Value Trend
Land
$4,088,000
Buildings
$53,300
Year Built
N/A
Class
N/A
Zoning
R1
Property Tax
N/A
Year Land Improvements Total Assessed YOY Change
2026 $4,088,000 $53,300 $4,141,300

Mortgage Calculator for 12866 56 Avenue

/month
Principal & Interest
Property Taxes $1,389
Maintenance fee 0
With a 20% down payment, buyers can expect an estimated $24,301/month in total housing costs on this $5,999,000 property — $22,912 mortgage payment, $1,389 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
Based on $12,913/month estimated rent and $24,675/month in total housing costs, this property has a -$11,762/month cashflow. Break-even down payment: approximately 62%.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 12866 56 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 — Panorama Ridge, Surrey

Beds Home Types Square Feet Lot Size Year Built
This Home $5,999,000
Surrey Loading...
Panorama Ridge Loading...

Based on 2 comparable active Single Family Residences in Panorama Ridge, the average asking price is $2,199,599. This listing is priced 172.7% above the neighbourhood average.

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 12866 56 Avenue

Walk Score Badge
Car-Dependent 27

Walk Score - Car-Dependent

Most errands require a car
Transit Score Badge
Some Transit 31

Transit Score - Some Transit

A few nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
39

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

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