18601 88 Ave, Surrey BC - Single Family Residence for Sale - MLS# R3130599

124 days on the market
$8,750,000
Est. Mortgage $38,710/mo
Listing updated:
EstateBlock checked:
3 Beds
3 Baths
2915 sqft
3002 $ /sqft
2003 built
13.8% price reduction
124 days on the market
$8,750,000
$10,150,000
Est. $38,710/mo with 20% down
Listing updated:
EstateBlock checked:

Property Details for 18601 88 Avenue

13.8% price reduction

A well-located holding property with short- to mid-term potential, minutes from the Anniedale -Tynehead NCP. The site includes a well-maintained home and two greenhouses, currently generating approx. $3,500/month from a quality tenant, offering stable interim income while held for future redevelopment. Feel free to drive by to get a feel of the location.The property is sold on an As Is where is Basis and the Buyer, Buyer’s agent to verify all relevant details.

Interior Features

Basement Finished Area (sqft) 0
Basement Features None
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Heating Type Forced Air, Natural Gas
# of Kitchens 1
Foundation Concrete Perimeter

Exterior Features

Roof Asphalt
Structures Residential Detached

Building Details

Price $8,750,000
Total Bedrooms 3
Total Bathrooms 3
Full Bathrooms 2
Half Bathrooms 1
Floor Area Total (sqft) 2915
Year Built 2003
Age Of Building 23
Building Type Single Family Residence
Property Type Residential
Stories 2
Ownership Type Freehold NonStrata
Utility Type Electricity Connected
Utility Sewer Septic Tank
Water (WaterSource) Public
Parking Type Garage Double, Open, RV Access/Parking
Total Parking Spaces 4

Lot & Land

Lot Size 5.99
Lot Size Depth Metres
Lot Size Frontage 335.43
MLS® # R3130599
Area North Surrey
Neighbourhood Port Kells
City Surrey
Postal Code V4N 5T1
Gross Taxes $2,375.73
Zoning RA

Property Timeline

Status Date Price
R3130599 / Active 06-01-2026 $8,750,000
Rooms
Floor Type Dimensions
Main Level Living Room 34'2 x 34'2 ft
Main Level Dining Room 14'3 x 14'3 ft
Main Level Kitchen 10'3 x 10'3 ft
Main Level Primary Bedroom 16'11 x 16'11 ft
Main Level Office 11'8 x 11'8 ft
Main Level Foyer 5'8 x 5'8 ft
Main Level Laundry 6'3 x 6'3 ft
Above Level Bedroom 10'4 x 10'4 ft
Above Level Bedroom 10'1 x 10'1 ft
Bathrooms
Floor Ensuite Pieces
Main Level No #2

Listed by: Homelife Advantage Realty Ltd.

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
Port Kells Elementary School
1 km

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

Private Schools

Elementary
Gobind Sarvar School
Average 3.55 km 6.3/10
Elementary, Secondary
Pacific Academy
Above Average 4.43 km 8.1/10

Closest Transit

Bus Stop
Eastbound 96 Ave @ 186 St
1.55 km
Skytrain
Skytrain @ Hillcrest/ 184 st Station ( Under Construction till 2029)
3.84 km

Crime Rate

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

Demographics

Post-Secondary Education
Below Average 14.2%
No Certificate/Degree
Above Average 17.5%
Owner Occupied
Below Average 45.8%
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

36 / 100
Overall sell-speed score
May take longer
D
Price competition grade
Avg comparable: $-36,767,500
—
Market conditions
Market conditions unavailable
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 3.84 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 PORT KELLS compares
This property
124 DOM
Listed
Port Kells avg
—
—
Surrey avg
—
—

18601 88 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 520.2% above comparable active properties in Port Kells. Based on these signals, EstateBlock predicts this listing is could take longer than the area average to sell.

Climate Risk for V4N 5T1

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V4N 5T1, 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 4.6 µg/m³ — meets WHO 2021 guideline (BC ENV 2024). Nearest station: Surrey East, Surrey (~3.4 km). Annual avg AQHI 1.8 — 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

Schools NearBy

2 Schools are within 3km

School Type Grades Served Catchment Info Rating Distance

Port Kells Elementary School

Public

Grades Served

K-7

Catchment Info

In Catchment
N/A

Distance

1000 m

Clayton Elementary School

Public

Grades Served

K-7

Catchment Info

—
5.4 / 10

Distance

2.65 KM

Walkability & Transit Near 18601 88 Avenue

Walk Score Badge
Car-Dependent 11

Walk Score - Car-Dependent

Almost all errands require a car
Transit Score Badge
Some Transit 0

Transit Score - Minimal Transit

It is possible to get on a bus
Bike Score Badge
Somewhat
Bikeable
28

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

BC Assessment Value — 18601 88 Avenue

2026 assessed value, sourced from City of Surrey open data (PID 011-989-793).
Total Assessed Value (2026)
$392,000
2026 Value Trend
Land
$0
Buildings
$392,000
Year Built
N/A
Class
N/A
Zoning
RA
Property Tax
N/A
Year Land Improvements Total Assessed YOY Change
2026 $0 $392,000 $392,000 —

Mortgage Calculator for 18601 88 Avenue

/month
Principal & Interest
Property Taxes $198
Maintenance fee 0
With a 20% down payment, buyers can expect an estimated $33,617/month in total housing costs on this $8,750,000 property — $33,419 mortgage payment, $198 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
Based on $17,124/month estimated rent and $34,103/month in total housing costs, this property has a -$16,979/month cashflow. Break-even down payment: approximately 61%.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 18601 88 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 — Port Kells, Surrey

Beds Home Types Square Feet Lot Size Year Built
This Home $8,750,000
Surrey Loading...
Port Kells Loading...

Comparable data is unavailable at the neighbourhood level. City-wide in Surrey, similar Single Family Residences average $1,410,833 across 6 active listings — this listing is 520.2% above the Surrey average. This property is flagged as a Hot Deal (13.8% price reduction) 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 18601 88 Avenue

Walk Score Badge
Car-Dependent 11

Walk Score - Car-Dependent

Almost all errands require a car
Transit Score Badge
Some Transit 0

Transit Score - Minimal Transit

It is possible to get on a bus
Bike Score Badge
Somewhat
Bikeable
28

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

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