13851 115 Ave, Surrey BC - Land for Sale - MLS# R3095769

187 days on the market
$2,999,999
Est. Mortgage $13,272/mo
Listing updated:
EstateBlock checked:
0 sqft
Foreclosures 16.7% price reduction 86.7% cheaper than comps
187 days on the market
$2,999,999
$3,600,000
Est. $13,272/mo with 20% down
Listing updated:
EstateBlock checked:

Property Details for 13851 115 Avenue

Foreclosures 16.7% price reduction 86.7% cheaper than comps

COURT ORDERED SALE. 13851 115 Avenue, Surrey, BC - A 1.86 acre property with a single family home in place approved at 3rd reading for a 6-lot residential subdivision with PLA in place. Colliers presents a rare development opportunity to purchase a boutique development property with favourable zoning that supports low-risk, single family residential development. The property offers flexibility for a range of housing forms, including single-family or small-scale multi-unit residential options. Set in a highly desirable, park-like environment, the site backs onto a greenway along the north side, providing natural views and enhanced livability. An excellent opportunity for builders and investors seeking a well-located site with strong development fundamentals and long-term value.

Exterior Features

View Description NORTH
Structures Land Only

Building Details

Price $2,999,999
Property Type Land
Ownership Type Freehold NonStrata
Utility Type Sanitary Sewer Nearby, Storm Sewer Nearby, Electricity Nearby, Natural Gas Nearby, Phone Nearby, Cable Available
Water (WaterSource) Other

Lot & Land

Lot Size 1.86
Lot Size Depth Feet
MLS® # R3095769
Area North Surrey
Neighbourhood Bolivar Heights
City Surrey
Postal Code V3R 5Y3
Gross Taxes $15,689.76
Zoning RA

Listed by: Colliers & Colliers & Colliers

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
Kwantlen Park Secondary School
2.61 km
Elementary
James Ardiel Elementary School
Average 0.63 km 4.9/10

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

Private Schools

Elementary
Iqra School
Above Average 1.51 km 9.7/10
Secondary
Honour Secondary School
2.25 km

Closest Transit

Bus Stop
Eastbound 113 Ave @ 138 St
0.52 km
Skytrain
Skytrain @ Gateway Stn
1.71 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

72 / 100
Overall sell-speed score
Likely within weeks
A+
Price competition grade
Avg comparable: $5,600,998
Market conditions
Market conditions unavailable
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 1.71 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
187 DOM
Listed
Bolivar Heights avg
Surrey avg

13851 115 Avenue has a sell-speed score of 72/100, placing it in the "Expected to sell within weeks" band. The listing is priced 86.7% below comparable active properties in Bolivar Heights, which is a strong competitive signal. Based on these signals, EstateBlock predicts this listing is likely to sell within a few weeks.

Climate Risk for V3R 5Y3

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V3R 5Y3, 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 (BC ENV 2024). Nearest station: New Westminster Sapperton Park, New Westminster (~4.4 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.

Nearby Restaurants, Cafes & Shops

Transit (1 nearby)

  • Bus stop northbound 136 st @ 111 ave · 992 m · Transit

Schools NearBy

15 Schools are within 3km

School Type Grades Served Catchment Info Rating Distance

Surrey Traditional School

Public

Grades Served

K-7

Catchment Info

5.6 / 10

Distance

449 m

James Ardiel Elementary School

Public

Grades Served

K-7

Catchment Info

In Catchment
3.7 / 10

Distance

629 m

Iqra School

Independent

Grades Served

K-7

Catchment Info

9.2 / 10

Distance

1.51 KM

Ellendale Elementary School

Public

Grades Served

K-7

Catchment Info

3.0 / 10

Distance

1.64 KM

Forsyth Road Elementary School

Public

Grades Served

K-7

Catchment Info

3.3 / 10

Distance

1.67 KM

City Central Learning Centre

Public

Grades Served

10-12

Catchment Info

3.0 / 10

Distance

2.00 KM

Mary Jane Shannon Elementary School

Public

Grades Served

K-7

Catchment Info

3.7 / 10

Distance

2.08 KM

Our Lady of Good Counsel

Independent

Grades Served

K-7

Catchment Info

8.5 / 10

Distance

2.13 KM

Guildford Park Secondary School

Public

Grades Served

8-12

Catchment Info

5.5 / 10

Distance

2.18 KM

Honour Secondary School

Independent

Grades Served

10-12

Catchment Info

0

Distance

2.25 KM

K B Woodward Elementary School

Public

Grades Served

K-7

Catchment Info

3.7 / 10

Distance

2.42 KM

Cape Horn Elementary

Public

Grades Served

Catchment Info

4.8 / 10

Distance

2.51 KM

Kwantlen Park Secondary School

Public

Grades Served

8-12

Catchment Info

In Catchment
5.7 / 10

Distance

2.62 KM

Holly Elementary School

Public

Grades Served

K-7

Catchment Info

3.6 / 10

Distance

2.81 KM

Hjorth Road Elementary School

Public

Grades Served

K-7

Catchment Info

3.1 / 10

Distance

2.92 KM

Pre-computed routes from 13851 115 Ave, Surrey, BC

By transit (Skytrain)

  • Downtown Vancouver via Gateway → Waterfront
    60 min
  • Metrotown, Burnaby via Gateway → Metrotown
    42 min
  • SFU Burnaby via Gateway → Production Way
    40 min
  • Richmond Centre via Gateway → Brighouse
    85 min
  • YVR Airport via Gateway → YVR-Airport
    86 min

By car (off-peak)

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

Calculate your commute

13851 115 Ave, Surrey, BC is ideally located for commuters. The property is 1.7 km from Gateway, with a 60 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Eastbound 113 Ave @ 138 St (0.52 km). Walk Score Transit rating: Some Transit (35/100).

Walkability & Transit Near 13851 115 Avenue

Walk Score Badge
Car-Dependent 40

Walk Score - Car-Dependent

Most errands require a car
Transit Score Badge
Some Transit 35

Transit Score - Some Transit

A few nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
23

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

BC Assessment Value — 13851 115 Avenue

2026 assessed value, sourced from City of Surrey open data (PID 002-328-691).
Total Assessed Value (2026)
$4,032,200
2026 Value Trend
Land
$3,942,000
Buildings
$90,200
Year Built
N/A
Class
N/A
Zoning
RA
Property Tax
N/A
Year Land Improvements Total Assessed YOY Change
2026 $3,942,000 $90,200 $4,032,200

Mortgage Calculator for 13851 115 Avenue

/month
Principal & Interest
Property Taxes $1,307
Maintenance fee 0
Based on a 30-year fixed at 4% interest with 20% down ($600,000), the estimated monthly payment for this listing is $12,765/month — $11,458 principal & interest, $1,307 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
At an estimated rental income of $7,044/month, this property runs a $5,970/month shortfall after mortgage and carrying costs. Break-even requires approximately 62% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 13851 115 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 — Bolivar Heights, Surrey

Beds Home Types Square Feet Lot Size Year Built
This Home $2,999,999
Surrey Loading...
Bolivar Heights Loading...

Comparable data is unavailable at the neighbourhood level. City-wide in Surrey, similar properties average $22,592,200 across 5 active listings — this listing is 86.7% below the Surrey average. This property is flagged as a Hot Deal (Foreclosures, 16.7% price reduction, 86.7% cheaper than comparables) based on its competitive pricing and market demand.

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 13851 115 Avenue

Walk Score Badge
Car-Dependent 40

Walk Score - Car-Dependent

Most errands require a car
Transit Score Badge
Some Transit 35

Transit Score - Some Transit

A few nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
23

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

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