Home Surrey, BC Bolivar Heights 13221 112b Avenue

Photos

Prime redevelopment opportunity in a desirable and convenient location. This property sits on a generous 11,228sqft lot with excellent potential for future townhome development, making it an attractive option for builders, investors, and forward-thinking buyers. Whether you are looking to hold, rent, or plan for redevelopment, the value here is in the land and the future possibilities. The home is in great condition and livable. Close to amenities, transit, schools, and major routes, this is a strategic acquisition in an area with ongoing growth and redevelopment activity.

Building 20 fields Inside & out 9 fields Lot & land 10 fields

Building Details

Price	$1,098,000
Total Bedrooms	2
Total Bathrooms	2
Full Bathrooms	2
Half Bathrooms	0
Floor Area Total (sqft)	2152
Year Built	1953
Age Of Building	73
Building Type	Single Family Residence
Property Type	Residential
Architecture Style	Rancher/Bungalow w/Bsmt.
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
Water (WaterSource)	Public
Parking Type	Open, Front Access
Total Parking Spaces	2
Rental Suites	None

Interior Features

Basement Finished Area (sqft)	1076
Basement Features	Finished
Appliances Included	Washer/Dryer, Dishwasher, Refrigerator, Stove
Fireplace	1
Heating Type	Forced Air, Natural Gas
# of Kitchens	1
Foundation	Concrete Perimeter

Exterior Features

Roof	Asphalt
Structures	Residential Detached

Lot & Land

Lot Size	11228
Lot Size Depth	Feet
Lot Size Frontage	74.86
MLS^® #	R3168398
Area	North Surrey
Neighbourhood	Bolivar Heights
City	Surrey
Postal Code	V3R 2H4
Gross Taxes	$5,536.08
Zoning	R3

Property Timeline

Status	Date	Price
R3168398 / Active	09-22-2026	$1,098,000
to view full Property History (1 earlier record)

Rooms

Floor	Type	Dimensions
Main Level	Foyer	4'4 x 4'4 ft
Main Level	Dining Room	13'2 x 13'2 ft
Main Level	Living Room	15'2 x 15'2 ft
Main Level	Kitchen	9'3 x 9'3 ft
Main Level	Bedroom	7'9 x 7'9 ft
Main Level	Primary Bedroom	11'9 x 11'9 ft
Basement Level	Recreation Room	24'11 x 24'11 ft
Basement Level	Utility	25'5 x 25'5 ft
Basement Level	Family Room	14'8 x 14'8 ft

Bathrooms

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

Listed by: RE/MAX 2000 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.

Map, sell speed & climate

SkyTrain 1.05 km · Kwantlen Park Secondary School 5.7/10 · 1.72 km · crime average · flood lower risk · wildfire low

Map & area Sell speed Climate risk

Map & Neighbourhood

Nearby Restaurants, Cafes & Shops

Restaurants (2 nearby)

A&w · 833 m · Fast Food
Mcdonald's · 912 m · Fast Food

Groceries (1 nearby)

Central city beer store · 593 m · Beverages

Shopping (1 nearby)

U-haul self-storage & truck rental · 727 m · Car Rental

Cafes (1 nearby)

Tim hortons · 647 m · Cafe

Transit (1 nearby)

Bus stop westbound 108 ave @ 132 st · 992 m · Transit

Public Schools

Elementary
James Ardiel Elementary School: Below Average 1.06 km 3.7/10
Secondary
Kwantlen Park Secondary School: Average 1.72 km 5.7/10

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 2.14 km 8.5/10
Secondary
Honour Secondary School: 3.16 km

Closest Transit

Bus Stop
Eastbound 114 Ave @ 132 St: 0.2 km
Skytrain
Skytrain @ Gateway Stn: 1.05 km

Crime Rate

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

Demographics

Post-Secondary Education: Below Average 11.7%
No Certificate/Degree: Above Average 25%
Owner Occupied: Average 61.8%
Employment Rate: Above Average 69.2%

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 — 1.05 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 BOLIVAR HEIGHTS compares

This property

52 DOM

Listed

Climate Risk for V3R 2H4

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V3R 2H4, 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 (~3.5 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

12 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 866 m
James Ardiel Elementary School	Public	Grades Served K-7	Catchment Info In Catchment	3.7 / 10	Distance 1.06 KM
Surrey Traditional School	Public	Grades Served K-7	Catchment Info —	5.6 / 10	Distance 1.30 KM
K B Woodward Elementary School	Public	Grades Served K-7	Catchment Info —	3.7 / 10	Distance 1.43 KM
Kwantlen Park Secondary School	Public	Grades Served 8-12	Catchment Info In Catchment	5.7 / 10	Distance 1.72 KM
Forsyth Road Elementary School	Public	Grades Served K-7	Catchment Info —	3.3 / 10	Distance 1.83 KM
Our Lady of Good Counsel	Independent	Grades Served K-7	Catchment Info —	8.5 / 10	Distance 2.14 KM
Old Yale Road Elementary School	Public	Grades Served K-7	Catchment Info —	4.2 / 10	Distance 2.34 KM
Ellendale Elementary School	Public	Grades Served K-7	Catchment Info —	3.0 / 10	Distance 2.65 KM
Mary Jane Shannon Elementary School	Public	Grades Served K-7	Catchment Info —	3.7 / 10	Distance 2.73 KM
Iqra School	Independent	Grades Served K-7	Catchment Info —	9.2 / 10	Distance 2.86 KM
Guildford Park Secondary School	Public	Grades Served 8-12	Catchment Info —	5.5 / 10	Distance 2.92 KM

Pre-computed routes from 13221 112b Ave, Surrey, BC

13221 112b Ave, Surrey, BC Gateway 1.0 km

52 min

Downtown Vancouver Waterfront Station

By transit (Skytrain)

Downtown Vancouver via Gateway → Waterfront
52 min
Metrotown, Burnaby via Gateway → Metrotown
34 min
SFU Burnaby via Gateway → Production Way
32 min
Richmond Centre via Gateway → Brighouse
77 min
YVR Airport via Gateway → YVR-Airport
78 min

By car (off-peak)

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

Calculate your commute

13221 112b Ave, Surrey, BC is ideally located for commuters. The property is 1.0 km from Gateway, with a 52 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Eastbound 114 Ave @ 132 St (0.2 km). Walk Score Transit rating: Good Transit (65/100).

Walkability & Transit Near 13221 112b Avenue

Somewhat Walkable 62

Walk Score - Somewhat Walkable

Some errands can be accomplished on foot

Good Transit 65

Transit Score - Good Transit

Many nearby public transportation options

Somewhat Bikeable 36

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

BC Assessment Value — 13221 112b Avenue

2026 assessed value, sourced from City of Surrey open data (PID 009-254-421).

Total Assessed Value (2026)

$1,354,200

2026 Value Trend

Land

$1,326,000

Buildings

$28,200

Year Built

N/A

Class

N/A

Zoning

Property Tax

N/A

Year	Land	Improvements	Total Assessed	YOY Change
2026	$1,326,000	$28,200	$1,354,200	—

Costs & calculators

Monthly cost about $4,886/month · rent estimate $3,392/month · owning catches up with renting by year 11 · cash flow if rented −$1,804/month

Mortgage Cash flow Rent estimate Rent vs own

Mortgage Calculator for 13221 112b Avenue

$4,886 /month

Principal & Interest $4,425

Property Taxes $461

Maintenance fee $0

The estimated monthly cost of 13221 112b Avenue, Surrey is $4,886: $4,425 principal and interest with 20% down over 30 years at 4.45%, plus $461 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

−$1,804 /month

Mortgage Payment $4,425

Monthly Cash Flow −$1,804

Break Even Down Payment 53%

Cap Rate -2.0%

Cash on Cash -9.9%

If 13221 112b Avenue, Surrey were rented at $3,392 a month with 5% vacancy, it would fall $1,804 a month short of the mortgage and carrying costs; about 53% 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 13221 112b Avenue, Surrey

$3,392 / month

Rent $3,392

Own $4,886

Principal: $1,423/mo Interest, tax, insurance, fees: $3,463/mo

Example shown is the principal portion at year 5 of the mortgage. It grows over the loan: ~$1,191/mo (year 1) → ~$2,771/mo (year 20) → ~$4,132/mo (year 29).

Net cost to own at year 5 ~$3,463/mo About $71/mo more than renting

EstateBlock estimates 13221 112b Avenue, Surrey would rent for about $3,392 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: 13221 112b Avenue

Rent vs own

Owning catches up by year 11

With 20% down ($219,600) at 4.45%: renting is cheaper at first, but principal paydown closes the gap

Principal paid off by year 5 $78,277

Principal paid off by year 10 $176,020

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 13221 112b Avenue, Surrey is cheaper at first, but owning catches up by year 11, with $78,277 of principal paid off by year 5 and $176,020 by year 10.