15442 40 Ave, Surrey BC – House for Sale – MLS® R3097486
15442 40 Avenue, Surrey, British Columbia V3Z 1E6
Photos
Property Details for 15442 40 Avenue
If you are looking for a farm land BUSINESS and an INVESTMENT PROPERTY! You have to see this gorgeous 10.00 acres farm land located in 40th Avenue and a lot away from 152 Street. Easy access to lower mainland area & Hwy 99. Very close to Morgan Creek Golf Course - one of the best Golf Course in Fraser Valley. The 2,194 sqft home features 4 beds and 2 baths plus 7,000 sqft WAREHOUSE! 4 qualified CANNABIS. GROWING LICENSES, 3 phase power and rich soil ideal for nursery business and other uses, all fall under A-1 Agricultural zoning. Nicmekl River separates this farm land from Rosemary Heights. Don't miss this opportunity!
Interior Features
| Basement Finished Area (sqft) | 0 |
|---|---|
| Basement Features | None |
| Appliances Included | Washer/Dryer, Dishwasher, Refrigerator, Stove |
| Heating Type | Electric |
| Laundry | In Unit |
| # of Kitchens | 1 |
| Flooring | Wall/Wall/Mixed |
| Foundation | Slab |
Exterior Features
| Exterior Features | No Outdoor Area |
|---|---|
| Roof | Asphalt |
| Structures | Residential Detached |
Building Details
| Price | $3,488,800 |
|---|---|
| Total Bedrooms | 4 |
| Total Bathrooms | 2 |
| Full Bathrooms | 2 |
| Half Bathrooms | 0 |
| Floor Area Total (sqft) | 2194 |
| Year Built | 1969 |
| Age Of Building | 57 |
| Building Type | Single Family Residence |
| Property Type | Residential |
| Stories | 2 |
| Ownership Type | Freehold NonStrata |
| Utility Type | Electricity Connected, Natural Gas Connected |
| Utility Sewer | Septic Tank |
| Water (WaterSource) | Well Drilled |
| Parking Type | Open |
| Rental Suites | None |
Lot & Land
| Lot Size | 9.997 |
|---|---|
| Lot Size Depth | Feet |
| Lot Size Frontage | 985 |
| MLS® # | R3097486 |
| Area | South Surrey White Rock |
| Neighbourhood | Morgan Creek |
| City | Surrey |
| Postal Code | V3Z 1E6 |
| Gross Taxes | $7,150.07 |
| Zoning | A-1 |
Property Timeline
Rooms
| Floor | Type | Dimensions |
|---|---|---|
| Above Level | Living Room | 14'0 x 14'0 ft |
| Above Level | Hobby Room | 14'0 x 14'0 ft |
| Above Level | Primary Bedroom | 12'5 x 12'5 ft |
| Above Level | Bedroom | 9'0 x 9'0 ft |
| Above Level | Bedroom | 9'0 x 9'0 ft |
| Main Level | Kitchen | 25'0 x 25'0 ft |
| Main Level | Office | 13'0 x 13'0 ft |
| Main Level | Mud Room | 10'0 x 10'0 ft |
| Main Level | Bedroom | 14'0 x 14'0 ft |
Bathrooms
| Floor | Ensuite | Pieces |
|---|---|---|
| Main Level | No | #3 |
Listed by: eXp Realty of Canada Inc.
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
- Rosemary Heights Elementary School
- Average 0.86 km
Information includes BC Government Open License data; school details change often and are offered solely as general guidance.
Private Schools
- Elementary, Secondary
- Southridge School
- Above Average 2.93 km
- Elementary, Secondary
- Southridge School
- Above Average 2.93 km
Closest Transit
- Bus Stop
- Northbound 152 St @ 40 Ave
- 0.4 km
- Skytrain
- Skytrain @ Hillcrest/ 184 st Station ( Under Construction till 2029)
- 8.56 km
Crime Rate
- Total Crime Rate
- Average
- Violent Crime Rate
- Below Average
- Property Crime Rate
- Average
Demographics
- Post-Secondary Education
- Below Average 19.3%
- No Certificate/Degree
- Above Average 18%
- Owner Occupied
- Average 62.9%
- Employment Rate
- Average 58.7%
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
- Possible
- Close to Cemeteries
- Unlikely
Sell Speed & Competition
15442 40 Avenue has a sell-speed score of 20/100, placing it in the "May take longer than the area average to sell" band. The listing is priced 224.5% above comparable active properties in Morgan Creek. 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 could take longer than the area average to sell.
Climate Risk for V3Z 1E6
Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V3Z 1E6, over the next 30 years. Projections use the 2041–2070 period (2050s) under a moderate emissions scenario (SSP2-4.5).
Located within a designated flood hazard area. Higher likelihood of localized high-water events over the next 30 years.
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.
Annual avg PM2.5 4.6 µg/m³ — meets WHO 2021 guideline. Nearest station: Surrey East, Surrey (~9.8 km). Annual avg AQHI 1.8 — Low Risk.
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.
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.
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 southbound 152 st @ 36 ave · 910 m · Transit
Schools NearBy
5 Schools are within 3km
| School | Type | Grades Served | Catchment Info | Rating | Distance |
|---|---|---|---|---|---|
Rosemary Heights Elementary School |
Public |
Grades ServedK-7
|
Catchment InfoIn Catchment
|
Distance864 m
|
|
Morgan Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance1.33 KM
|
|
Semiahmoo Trail Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance2.47 KM
|
|
Sunnyside Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance2.49 KM
|
|
Southridge School |
Independent |
Grades ServedK-12
|
Catchment Info—
|
Distance2.93 KM
|
Walkability & Transit Near 15442 40 Avenue
Walk Score - Car-Dependent
Transit Score - Some Transit
Bikeable 37
Bike Score - Somewhat Bikeable
BC Assessment Value — 15442 40 Avenue
| Year | Land | Improvements | Total Assessed | YOY Change |
|---|---|---|---|---|
| 2026 | $2,559,000 | $133,000 | $2,692,000 | — |
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Rent vs own
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Price vs Neighbourhood Average — Morgan Creek, Surrey
Comparable data is unavailable at the neighbourhood level. City-wide in Surrey, similar Single Family Residences average $1,075,267 across 23 active listings — this listing is 224.5% above the Surrey average.
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