13878 108 Ave, Surrey BC - Land for Sale - MLS# R3162731

21 days on the market
$2,175,000
Est. Mortgage $9,622/mo
Listing updated:
EstateBlock checked:
0 sqft
Below Assessment Value
21 days on the market
$2,175,000
Est. $9,622/mo with 20% down
Listing updated:
EstateBlock checked:

Property Details for 13878 108 Avenue

Below Assessment Value

WOW! Priced an extraordinary $1,000,000 below BC Assessment, this prime development site delivers the best price-per-square-foot in the neighbourhood! Situated in Surrey City Centre’s “The Forsyth” pocket, the 15,226 sq. ft. parcel is OCP-designated for multi-family residential up to 2.5 FAR, right next door to existing 6-storey condos, Hendrix and Radley. Minutes from rapid transit, retail, parks, and schools, this is a rare, high-upside acquisition in a fast-growing urban core. A strategic site at this price point rarely hits the market. Contact today for the complete property brief and development package.

Exterior Features

Structures Land Only

Building Details

Price $2,175,000
Property Type Land
Ownership Type Freehold NonStrata
Utility Type Sanitary Sewer At Lot Line, Storm Sewer At Lot Line, Electricity At Lot Line, Natural Gas At Lot Line, Natural Gas Connected, Cable Available
Water (WaterSource) Public

Lot & Land

Lot Size 15226
Lot Size Depth Feet
Lot Size Frontage 72
MLS® # R3162731
Area North Surrey
Neighbourhood Whalley
City Surrey
Postal Code V3T 2K8
Gross Taxes $12,129.78
Zoning RF

Property Timeline

Status Date Price
R3162731 / Active 09-07-2026 $2,175,000
to view full Property History (4 earlier records)

Listed by: Sutton Premier Realty & Homelife Benchmark Realty Corp.

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
Forsyth Road Elementary School
Below Average 0.16 km 3.3/10
Secondary
Kwantlen Park Secondary School
Average 1.6 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 0.6 km 8.5/10
Secondary
Honour Secondary School
1.7 km

Closest Transit

Bus Stop
Eastbound 108 Ave @ 138 St
0.11 km
Skytrain
Skytrain @ Gateway Stn
0.94 km

Crime Rate

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

Demographics

Post-Secondary Education
Below Average 18.9%
No Certificate/Degree
Above Average 20.9%
Owner Occupied
Above Average 79%
Employment Rate
Above Average 70.4%

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

36 / 100
Overall sell-speed score
May take longer
D
Price competition grade
Avg comparable: $-1,676,925
—
Market conditions
Market conditions unavailable
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 0.94 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 WHALLEY compares
This property
21 DOM
Listed
Whalley avg
—
—
Surrey avg
—
—

13878 108 Avenue has a sell-speed score of 36/100, placing it in the "May take longer than the area average to sell" band. The listing is priced 177.1% above comparable active properties in Whalley. Based on these signals, EstateBlock predicts this listing is could take longer than the area average to sell.

Climate Risk for V3T 2K8

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V3T 2K8, 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 (~5.2 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

Shopping (20 nearby)

  • Pharmasave · 532 m · Pharmacy
  • Whalley optical centre · 546 m · Optician
  • Dr fade barbershop · 552 m · Hairdresser

Restaurants (18 nearby)

  • Pizza nation · 217 m · Fast Food
  • Manis pan-asian eatery · 318 m · Restaurant
  • Domino's · 320 m · Fast Food

Groceries (13 nearby)

  • Soo's grocery · 235 m · Convenience
  • Lucky supermarket · 566 m · Supermarket
  • African superstore · 589 m · Supermarket

Healthcare (5 nearby)

  • Pharmasave · 532 m · Healthcare
  • Gain pharmacy · 643 m · Healthcare
  • Shoppers drug mart · 828 m · Healthcare

Cafes (4 nearby)

  • Ken's tea house · 651 m · Cafe
  • Huyen cafe · 779 m · Cafe
  • Waves coffee house · 969 m · Cafe

Transit (2 nearby)

  • Skytrain @ gateway stn station · 937 m · Transit
  • Bus stop westbound kindersley dr @ coventry rd · 991 m · Transit

Schools NearBy

19 Schools are within 3km

School Type Grades Served Catchment Info Rating Distance

Forsyth Road Elementary School

Public

Grades Served

K-7

Catchment Info

In Catchment
3.3 / 10

Distance

162 m

Our Lady of Good Counsel

Independent

Grades Served

K-7

Catchment Info

—
8.5 / 10

Distance

604 m

James Ardiel Elementary School

Public

Grades Served

K-7

Catchment Info

—
3.7 / 10

Distance

971 m

Surrey Traditional School

Public

Grades Served

K-7

Catchment Info

—
5.6 / 10

Distance

1.08 KM

Mary Jane Shannon Elementary School

Public

Grades Served

K-7

Catchment Info

—
3.7 / 10

Distance

1.14 KM

Guildford Park Secondary School

Public

Grades Served

8-12

Catchment Info

—
5.5 / 10

Distance

1.35 KM

Ellendale Elementary School

Public

Grades Served

K-7

Catchment Info

—
3.0 / 10

Distance

1.42 KM

City Central Learning Centre

Public

Grades Served

10-12

Catchment Info

—
3.0 / 10

Distance

1.55 KM

K B Woodward Elementary School

Public

Grades Served

K-7

Catchment Info

—
3.7 / 10

Distance

1.57 KM

Kwantlen Park Secondary School

Public

Grades Served

8-12

Catchment Info

In Catchment
5.7 / 10

Distance

1.60 KM

Lena Shaw Elementary School

Public

Grades Served

K-7

Catchment Info

—
4.0 / 10

Distance

1.67 KM

Honour Secondary School

Independent

Grades Served

10-12

Catchment Info

—
0

Distance

1.70 KM

Old Yale Road Elementary School

Public

Grades Served

K-7

Catchment Info

—
4.2 / 10

Distance

1.89 KM

Hjorth Road Elementary School

Public

Grades Served

K-7

Catchment Info

—
3.1 / 10

Distance

1.95 KM

Holly Elementary School

Public

Grades Served

K-7

Catchment Info

—
3.6 / 10

Distance

2.22 KM

Iqra School

Independent

Grades Served

K-7

Catchment Info

—
9.2 / 10

Distance

2.28 KM

Continuing Ed SD36 (Queen Elizabeth)

Public

Grades Served

—

Catchment Info

—
3.1 / 10

Distance

2.84 KM

Queen Elizabeth Secondary School

Public

Grades Served

8-12

Catchment Info

—
5.4 / 10

Distance

2.86 KM

Simon Cunningham Elementary School

Public

Grades Served

K-7

Catchment Info

—
4.1 / 10

Distance

2.86 KM

Pre-computed routes from 13878 108 Ave, Surrey, BC

By transit (Skytrain)

  • Downtown Vancouver via Gateway → Waterfront
    50 min
  • Metrotown, Burnaby via Gateway → Metrotown
    32 min
  • SFU Burnaby via Gateway → Production Way
    30 min
  • Richmond Centre via Gateway → Brighouse
    75 min
  • YVR Airport via Gateway → YVR-Airport
    76 min

By car (off-peak)

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

Calculate your commute

13878 108 Ave, Surrey, BC is ideally located for commuters. The property is 0.9 km from Gateway, with a 50 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Eastbound 108 Ave @ 138 St (0.11 km). Walk Score Transit rating: Excellent Transit (72/100).

Walkability & Transit Near 13878 108 Avenue

Walk Score Badge
Car-Dependent 83

Walk Score - Very Walkable

Most errands can be accomplished on foot
Transit Score Badge
Some Transit 72

Transit Score - Excellent Transit

Transit is convenient for most trips
Bike Score Badge
Somewhat
Bikeable
80

Bike Score - Very Bikeable

Biking is convenient for most trips

BC Assessment Value — 13878 108 Avenue

2026 assessed value, sourced from City of Surrey open data (PID 011-442-263).
Total Assessed Value (2026)
$3,239,000
2026 Value Trend
Land
$3,239,000
Buildings
$0
Year Built
N/A
Class
N/A
Zoning
R3
Property Tax
N/A
Year Land Improvements Total Assessed YOY Change
2026 $3,239,000 $0 $3,239,000 —

Mortgage Calculator for 13878 108 Avenue

/month
Principal & Interest
Property Taxes $1,011
Maintenance fee 0
Financing 80% of the $2,175,000 asking price over 30 years at 4% results in approximately $9,318/month in total estimated carrying costs, $1,011 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
This listing generates an estimated $5,320/month in rental income, leaving a -$4,193/month cashflow at current carrying costs. Investors targeting break-even would need roughly 61% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 13878 108 Avenue, Surrey

Buy Vs Rent Calculator

— / month
Rent —
Own —
Principal: — Interest, tax, insurance, fees: —

Rent vs own

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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 — Whalley, Surrey

Beds Home Types Square Feet Lot Size Year Built
This Home $2,175,000
Surrey Loading...
Whalley Loading...

Based on 2 comparable active properties in Whalley, the average asking price is $785,000. This listing is priced 177.1% above the neighbourhood average. This property is flagged as a Hot Deal (Below Assessment Value) 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 13878 108 Avenue

Walk Score Badge
Car-Dependent 83

Walk Score - Very Walkable

Most errands can be accomplished on foot
Transit Score Badge
Some Transit 72

Transit Score - Excellent Transit

Transit is convenient for most trips
Bike Score Badge
Somewhat
Bikeable
80

Bike Score - Very Bikeable

Biking is convenient for most trips

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