2 10996 148 St, Surrey BC V3R 3Y4 – Duplex for Sale – MLS® R3130353

2 10996 148 Street, Surrey, British Columbia V3R 3Y4

164 days on the market
$1,139,000
Est. monthly cost $4,590/mo
Updated with MLS® -
5 Beds
4 Baths
2100 sqft
542 $ /sqft
0 $ Maint. fee
2026 built
164 days on the market
$1,139,000
Est. $4,590/mo with 20% down
Updated with MLS® -

Property Details for 2 10996 148 Street

SECURE TODAY, MOVE IN THIS FALL! Don't miss this exceptional opportunity to own a brand-new luxury fourplex with anticipated completion in October–November 2026. Offering over 2,100 sq. ft. across 3 spacious levels, this modern home features 5 bedrooms and a den with 4 full bathrooms. A bright open-concept layout designed for today's lifestyle. Enjoy premium appliances and finishes throughout with designer details, and high-end features that blend style with functionality. Best of all, NO STRATA FEES! Lock in today's price with low deposit and build equity while your dream home is being completed.

Building Details

Price $1,139,000
Total Bedrooms 5
Total Bathrooms 4
Full Bathrooms 4
Half Bathrooms 0
Floor Area Total (sqft) 2100
Year Built 2026
Age Of Building 0
Building Type Half Duplex
Property Type Residential
Stories 2
Building Amenities Other
Ownership Type Freehold Strata
Maintenance Fee 0
Amenities Nearby Other
Utility Type Electricity Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource) Public
Parking Type Detached
Total Parking Spaces 2
Strata Restrictions No Restrictions
Rental Suites Other

Interior Features

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

Exterior Features

Exterior Features Balcony
Roof Asphalt
Structures Duplex, Residential Attached

Lot & Land

MLS® # R3130353
Area North Surrey
Neighbourhood Bolivar Heights
City Surrey
Postal Code V3R 3Y4
Gross Taxes 0
Zoning R3

Property Timeline

Status Date Price
R3130353 / Active 06-01-2026 $1,139,000
Rooms
Floor Type Dimensions
Main Level Living Room 10' x 10' ft
Main Level Kitchen 10' x 10' ft
Main Level Family Room 10' x 10' ft
Main Level Den 10' x 10' ft
Above Level Primary Bedroom 10' x 10' ft
Above Level Bedroom 10' x 10' ft
Above Level Bedroom 10' x 10' ft
Below Recreation Room 10' x 10' ft
Below Bedroom 10' x 10' ft
Below Bedroom 10' x 10' ft
Bathrooms
Floor Ensuite Pieces
Main Level No #3
Above Level Yes #3
Above Level No #3
Below No #3

Listed by: Century 21 Coastal 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, sell speed & climate

SkyTrain 2.81 km · Guildford Park Secondary School · 0.79 km · crime average · sell-speed score 53/100 (moderate pace) · flood lower risk · wildfire low

Map & Neighbourhood

Nearby Restaurants, Cafes & Shops

Restaurants (18 nearby)

  • Mauna sushi · 310 m · Restaurant
  • Panago · 312 m · Fast Food
  • Man sen kitchen · 341 m · Restaurant

Shopping (14 nearby)

  • First nails · 307 m · Beauty Shop
  • First choice haircutters · 308 m · Hairdresser
  • Coin laundry · 315 m · Laundry

Groceries (5 nearby)

  • Buy-low foods · 336 m · Supermarket
  • Tom's food market · 356 m · Convenience
  • Al baraka convenience store & halal meat · 386 m · Convenience

Cafes (1 nearby)

  • A1 coffee & donuts · 377 m · Cafe

Healthcare (1 nearby)

  • Shoppers drug mart · 351 m · Healthcare

Transit (1 nearby)

  • Bus stop southbound 150 st @ 10600 block · 931 m · Transit

Public Schools

Elementary
École Riverdale Elementary
0.26 km
Secondary
Guildford Park Secondary School
0.79 km

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

Private Schools

Elementary
Iqra School
1.39 km
Secondary
Honour Secondary School
0.38 km

Closest Transit

Bus Stop
Northbound 148 St @ 110 Ave
0.04 km
Skytrain
Skytrain @ Gateway Stn
2.81 km

Crime Rate

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

Demographics

Post-Secondary Education
Below Average 11.3%
No Certificate/Degree
Above Average 15.5%
Owner Occupied
Average 67%
Employment Rate
Above Average 69.6%

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

53 / 100
Overall sell-speed score
Moderate pace expected
B+
Price competition grade
Avg comparable: $1,236,029
Flood Risk
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 2.81 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
164 DOM
Listed

2 10996 148 Street has a sell-speed score of 53/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 7.9% below comparable active properties in Bolivar Heights, which is a strong competitive signal. Based on these signals, EstateBlock predicts this listing is may take several weeks to attract serious offers.

Climate Risk for V3R 3Y4

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V3R 3Y4, 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. Nearest station: New Westminster Sapperton Park, New Westminster (~6.6 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.

Schools NearBy

23 Schools are within 3km

School Type Grades Served Catchment Info Rating Distance

Honour Secondary School

Independent

Grades Served

10-12

Catchment Info

—
N/A

Distance

385 m

Ellendale Elementary School

Public

Grades Served

K-7

Catchment Info

—
3.0 / 10

Distance

566 m

Holly Elementary School

Public

Grades Served

K-7

Catchment Info

—
3.6 / 10

Distance

693 m

Guildford Park Secondary School

Public

Grades Served

8-12

Catchment Info

In Catchment
5.5 / 10

Distance

791 m

Mary Jane Shannon Elementary School

Public

Grades Served

K-7

Catchment Info

—
3.7 / 10

Distance

967 m

Hjorth Road Elementary School

Public

Grades Served

K-7

Catchment Info

—
3.1 / 10

Distance

1.19 KM

Iqra School

Independent

Grades Served

K-7

Catchment Info

—
9.2 / 10

Distance

1.39 KM

Forsyth Road Elementary School

Public

Grades Served

K-7

Catchment Info

—
3.3 / 10

Distance

1.86 KM

Guildford Learning Centre

Public

Grades Served

10-12

Catchment Info

—
3.7 / 10

Distance

1.88 KM

Dogwood Elementary School

Public

Grades Served

K-7

Catchment Info

—
6.9 / 10

Distance

1.91 KM

Dogwood School

Independent

Grades Served

—

Catchment Info

—
10.0 / 10

Distance

1.97 KM

Surrey Traditional School

Public

Grades Served

K-7

Catchment Info

—
5.6 / 10

Distance

1.97 KM

Our Lady of Good Counsel

Independent

Grades Served

K-7

Catchment Info

—
8.5 / 10

Distance

2.07 KM

James Ardiel Elementary School

Public

Grades Served

K-7

Catchment Info

—
3.7 / 10

Distance

2.17 KM

Harold Bishop Elementary School

Public

Grades Served

K-7

Catchment Info

—
6.3 / 10

Distance

2.20 KM

Lena Shaw Elementary School

Public

Grades Served

K-7

Catchment Info

—
4.0 / 10

Distance

2.22 KM

Erma Stephenson Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.2 / 10

Distance

2.38 KM

Bonaccord Elementary School

Public

Grades Served

K-7

Catchment Info

—
5.8 / 10

Distance

2.48 KM

Johnston Heights Secondary School

Public

Grades Served

8-12

Catchment Info

—
6.4 / 10

Distance

2.54 KM

Mountainview Montessori

Public

Grades Served

K-7

Catchment Info

—
6.4 / 10

Distance

2.56 KM

Fraser Heights Secondary School

Public

Grades Served

8-12

Catchment Info

—
7.5 / 10

Distance

2.61 KM

A H P Matthew Elementary

Public

Grades Served

—

Catchment Info

—
4.5 / 10

Distance

2.67 KM

William F. Davidson Elementary School

Public

Grades Served

K-7

Catchment Info

—
5.2 / 10

Distance

2.69 KM

Pre-computed routes from 2 10996 148 St, Surrey, BC

By transit (Skytrain)

  • Downtown Vancouver via Gateway → Waterfront
    73 min
  • Metrotown, Burnaby via Gateway → Metrotown
    55 min
  • SFU Burnaby via Gateway → Production Way
    53 min
  • Richmond Centre via Gateway → Brighouse
    98 min
  • YVR Airport via Gateway → YVR-Airport
    99 min

By car (off-peak)

  • Downtown Vancouver via HWY 1 / Grandview
    28 min
  • Metrotown, Burnaby via Lougheed Hwy
    17 min
  • SFU Burnaby via Gaglardi Way
    11 min
  • Richmond Centre via No. 3 Rd
    29 min
  • YVR Airport via Bridgeport / Sea Island
    32 min

Calculate your commute

2 10996 148 St, Surrey, BC is ideally located for commuters. The property is 2.8 km from Gateway, with a 73 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Northbound 148 St @ 110 Ave (0.04 km). Walk Score Transit rating: Some Transit (40/100).

Walkability & Transit Near 2 10996 148 Street

Walk Score Badge
Very Walkable 78

Walk Score - Very Walkable

Most errands can be accomplished on foot
Transit Score Badge
Some Transit 40

Transit Score - Some Transit

A few nearby public transportation options
Bike Score Badge
Bikeable 62

Bike Score - Bikeable

Some bike infrastructure

Costs & calculators

Monthly cost about $4,590/month · rent estimate $4,719/month · owning nets $1,365/month less than renting · cash flow if rented −$156/month

Mortgage Calculator for 2 10996 148 Street

30-year fixed
$4,590 /month
Principal & Interest $4,590
Property Taxes $0
Maintenance fee $0

The estimated monthly cost of 2 10996 148 Street, Surrey is $4,590: $4,590 principal and interest with 20% down over 30 years at 4.45%.

or Call 778-918-5990
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Investment Cashflow Calculator

−$156 /month
Mortgage Payment $4,590
Monthly Cash Flow −$156
Break Even Down Payment 23%
Cap Rate -0.2%
Cash on Cash -0.8%

If 2 10996 148 Street, Surrey were rented at $4,719 a month with 5% vacancy, it would fall $156 a month short of the mortgage and carrying costs; about 23% down would break even.

All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 2 10996 148 Street, Surrey

$4,719 / month
Rent $4,719
Own $4,590
Principal: $1,476/mo Interest, tax, insurance, fees: $3,114/mo

Example shown is the principal portion at year 5 of the mortgage. It grows over the loan: ~$1,236/mo (year 1) → ~$2,874/mo (year 20) → ~$4,286/mo (year 29).

Net cost to own at year 5 ~$3,114/mo About $1,605/mo less than renting

EstateBlock estimates 2 10996 148 Street, Surrey would rent for about $4,719 a month.

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.

Rent vs own: 2 10996 148 Street

Rent vs own

Owning nets $1,365/mo less than renting

With 20% down ($227,800) at 4.45%: $3,354/mo net cost to own in year 1 vs $4,719/mo rent

Principal paid off by year 5 $81,200
Principal paid off by year 10 $182,593

Assumes 20% down payment, 4.45% fixed rate, 30-year amortization. Rent line = full rent (money gone). Own line = interest + property tax + fees, excluding principal (money you keep as equity). No appreciation, investment returns or transaction costs included.

Owning 2 10996 148 Street, Surrey nets about $1,365 a month less than renting it in year 1, with $81,200 of principal paid off by year 5 and $182,593 by year 10.

Price vs Neighbourhood Average — Bolivar Heights, Surrey

Beds Home Types Square Feet Lot Size Year Built
This Home $1,139,000
Surrey Loading...
Bolivar Heights Loading...

Comparable data is unavailable at the neighbourhood level. City-wide in Surrey, similar properties average $1,236,029 across 8 active listings — this listing is 7.9% below the Surrey average.

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 Greater Vancouver REALTORS® 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 2 10996 148 Street

Walk Score Badge
Very Walkable 78

Walk Score - Very Walkable

Most errands can be accomplished on foot
Transit Score Badge
Some Transit 40

Transit Score - Some Transit

A few nearby public transportation options
Bike Score Badge
Bikeable 62

Bike Score - Bikeable

Some bike infrastructure

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