1537 131 St, Surrey BC - Single Family Residence for Sale - MLS# R3007498

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Listing updated:
EstateBlock checked:
Ocean Park Village
3 Beds
2 Baths
1921 sqft
763 $ /sqft
1991 built
Closed
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This property sold for
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Listing updated:
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Sold price & sold date
Original list price & price changes
Full photo gallery - 40 photos
Days on market & listing history

Map & Neighbourhood

Public Schools

Elementary
Ray Shepherd Elementary School
Average 1.08 km 6/10
Secondary
Elgin Park Secondary School
1.89 km

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

Private Schools

Elementary, Secondary
Eaton Arrowsmith School White Rock
4.1 km
Elementary, Secondary
Eaton Arrowsmith School White Rock
4.1 km

Closest Transit

Bus Stop
Northbound 130 St @ 15 Ave
0.17 km
Skytrain
Skytrain @ Bakerview/166 st Station ( Under Construction till 2029)
15.16 km

Crime Rate

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

Demographics

Post-Secondary Education
Average 32.3%
No Certificate/Degree
Below Average 9.7%
Owner Occupied
Below Average 53.5%
Employment Rate
Average 56.9%

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

50 / 100
Overall sell-speed score
Moderate pace expected
A+
Price competition grade
Avg comparable: $1,763,567
Buyer's
Market conditions
Buyer's market — more supply than demand
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 15.16 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 CRESCENT BCH OCEAN PK. compares
This property
308 DOM
Listed
Crescent Bch Ocean Pk. avg
Surrey avg

1537 131 Street has a sell-speed score of 50/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 20.4% below comparable active properties in Crescent Bch Ocean Pk., which is a strong competitive signal. The local market is currently a Buyer's Market with a sales-to-active ratio of 7.8% — buyers have more leverage. With only 616 competing homes currently listed, this property has significant competition. Based on these signals, EstateBlock predicts this listing is may take several weeks to attract serious offers.

Climate Risk for V4A 4B1

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V4A 4B1, 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 (~14.6 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

Shopping (6 nearby)

  • Cibc · 429 m · Bank
  • Coast capital savings · 481 m · Bank
  • Rexall · 487 m · Pharmacy

Groceries (5 nearby)

  • Chan's ocean park · 438 m · Greengrocer
  • The butcher · 459 m · Butcher
  • Cob's · 472 m · Bakery

Cafes (4 nearby)

  • Islands cafe · 428 m · Cafe
  • Morrison cafe · 468 m · Cafe
  • Dudes coffee house · 557 m · Cafe

Restaurants (1 nearby)

  • Sakuya sushi · 602 m · Restaurant

Healthcare (1 nearby)

  • Rexall · 487 m · Healthcare

Transit (1 nearby)

  • Bus stop northbound ocean park rd @ 16 ave · 1000 m · Transit

Schools NearBy

7 Schools are within 3km

School Type Grades Served Catchment Info Rating Distance

Laronde Elementary School

Public

Grades Served

K-7

Catchment Info

7.9 / 10

Distance

654 m

Ray Shepherd Elementary School

Public

Grades Served

K-7

Catchment Info

In Catchment
6.8 / 10

Distance

1.08 KM

Ocean Cliff Elementary School

Public

Grades Served

K-7

Catchment Info

5.9 / 10

Distance

1.46 KM

Crescent Park Elementary School

Public

Grades Served

K-7

Catchment Info

6.7 / 10

Distance

1.87 KM

Elgin Park Secondary School

Public

Grades Served

8-12

Catchment Info

In Catchment
7.3 / 10

Distance

1.89 KM

Bayridge Elementary

Public

Grades Served

Catchment Info

6.7 / 10

Distance

2.36 KM

Chantrell Creek Elementary School

Public

Grades Served

K-7

Catchment Info

7.8 / 10

Distance

2.41 KM

Mortgage Calculator for 1537 131 Street

/month
Principal & Interest
Property Taxes $500
Maintenance fee 0
A 20% down payment of $293,000 on this $1,465,000 listing yields an estimated mortgage of $5,595/month (30-year fixed, 4%). Total estimated housing cost: $6,095/month, $500 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
With $4,300/month in estimated rental income against $6,282/month in mortgage payments, the monthly cashflow is -$1,982/month. A 49% down payment would reach break-even.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 1537 131 Street, 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 — Crescent Bch Ocean Pk., Surrey

Beds Home Types Square Feet Lot Size Year Built
This Home
Surrey Loading...
Crescent Bch Ocean Pk. Loading...
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

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Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 13+ Years of Experience Serving Greater Vancouver

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