2488 138 St, Surrey BC – House for Sale – MLS® R3118104

2488 138 Street, Surrey, British Columbia V4P 2M1

173 days on the market
$2,208,000
Est. Mortgage $9,768/mo
Listing updated:
EstateBlock checked:
4 Beds
4 Baths
3190 sqft
692 $ /sqft
1995 built
173 days on the market
$2,208,000
Est. $9,768/mo with 20% down
Listing updated:
EstateBlock checked:

Property Details for 2488 138 Street

Prestigious Elgin Chantrell! This expansive 3,190 sq. ft. Rancher with Loft sits on a private 13,982 sq. ft. corner lot. Designed for comfort and elegance, the main floor offers over 2,700 sq. ft. of living space, featuring a grand foyer, formal living and dining rooms, and a home office. The gourmet kitchen is equipped with premium appliances and opens to a bright eating area and family room. Updated kitchen, newly painted rooms, Flooring and upgraded The oversized primary suite boasts a spa-inspired ensuite with a soaker tub and separate shower. Upstairs, find a massive bonus room/4th bedroom with its own full ensuite. Located in a prime cul-de-sac within walking distance to Chantrell Park Elementary and Elgin Park Secondary.

Interior Features

Basement Finished Area (sqft) 0
Basement Features None
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove, Microwave, Oven
Fireplace 3
Heating Type Hot Water, Mixed
# of Kitchens 1
Flooring Hardwood, Vinyl, Carpet
Foundation Block

Exterior Features

Exterior Features Balcony
Roof Wood
Structures Residential Detached

Building Details

Price $2,208,000
Total Bedrooms 4
Total Bathrooms 4
Full Bathrooms 3
Half Bathrooms 1
Floor Area Total (sqft) 3190
Year Built 1995
Age Of Building 31
Building Type Single Family Residence
Property Type Residential
Architecture Style Rancher/Bungalow w/Loft
Stories 1
Ownership Type Freehold NonStrata
Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource) Public
Parking Type Garage Triple, Front Access, Concrete, Garage Door Opener
Total Parking Spaces 5

Lot & Land

Lot Size 13982
Lot Size Depth Feet
Lot Size Frontage 0
MLS® # R3118104
Area South Surrey White Rock
Neighbourhood Elgin Chantrell
City Surrey
Postal Code V4P 2M1
Gross Taxes $8,247.14
Zoning RH-G

Property Timeline

Status Date Price
R3118104 / Active 04-30-2026 $2,208,000
to view full Property History (2 earlier records)
Rooms
Floor Type Dimensions
Main Level Primary Bedroom 18'11 x 18'11 ft
Main Level Dining Room 14'0 x 14'0 ft
Main Level Living Room 15'1 x 15'1 ft
Main Level Foyer 28'4 x 28'4 ft
Main Level Office 11'0 x 11'0 ft
Main Level Kitchen 15'6 x 15'6 ft
Main Level Eating Area 11'2 x 11'2 ft
Main Level Family Room 16'1 x 16'1 ft
Main Level Bedroom 14'5 x 14'5 ft
Main Level Bedroom 12'1 x 12'1 ft
Above Level Bedroom 19'11 x 19'11 ft
Bathrooms
Floor Ensuite Pieces
Main Level Yes #5
Main Level No #4
Main Level No #2
Above Level Yes #4

Listed by: RE/MAX Crest Realty

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
Chantrell Creek Elementary School
Above Average 0.27 km 7.8/10
Secondary
Elgin Park Secondary School
Above Average 0.68 km 7.3/10

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

Private Schools

Elementary
Star of the Sea School
Above Average 2.44 km 8.7/10
Elementary, Secondary
White Rock Christian Academy
Above Average 2.78 km 8.9/10

Closest Transit

Bus Stop
Eastbound 24 Ave @ 136 St
0.59 km
Skytrain
Skytrain @ Bakerview/166 st Station ( Under Construction till 2029)
12.80 km

Crime Rate

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

Demographics

Post-Secondary Education
Above Average 34.7%
No Certificate/Degree
Below Average 11%
Owner Occupied
Below Average 48.8%
Employment Rate
Average 59.6%

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

37 / 100
Overall sell-speed score
May take longer
B
Price competition grade
Avg comparable: $2,181,504
Buyer's
Market conditions
Buyer's market — more supply than demand
Flood Risk
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 12.80 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 ELGIN CHANTRELL compares
This property
173 DOM
Listed
Elgin Chantrell avg
—
—
Surrey avg
—
—

2488 138 Street has a sell-speed score of 37/100, placing it in the "May take longer than the area average to sell" band. The listing is priced 1.2% above comparable active properties in Elgin Chantrell. 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 V4P 2M1

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V4P 2M1, 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. Nearest station: North Delta, Delta (~13.1 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

Transit (1 nearby)

  • Bus stop eastbound 20 ave @ 138 st · 985 m · Transit

Schools NearBy

14 Schools are within 3km

School Type Grades Served Catchment Info Rating Distance

Chantrell Creek Elementary School

Public

Grades Served

K-7

Catchment Info

In Catchment
7.8 / 10

Distance

268 m

Elgin Park Secondary School

Public

Grades Served

8-12

Catchment Info

In Catchment
7.3 / 10

Distance

684 m

Ray Shepherd Elementary School

Public

Grades Served

K-7

Catchment Info

—
6.8 / 10

Distance

1.73 KM

Bayridge Elementary

Public

Grades Served

—

Catchment Info

—
6.7 / 10

Distance

1.75 KM

Laronde Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.9 / 10

Distance

1.88 KM

Semiahmoo Trail Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.3 / 10

Distance

1.93 KM

Crescent Park Elementary School

Public

Grades Served

K-7

Catchment Info

—
6.7 / 10

Distance

1.98 KM

Semiahmoo Secondary School

Public

Grades Served

8-12

Catchment Info

—
8.0 / 10

Distance

2.33 KM

Star of the Sea School

Independent

Grades Served

K-7

Catchment Info

—
8.7 / 10

Distance

2.44 KM

Star of the Sea

Independent

Grades Served

—

Catchment Info

—
4.6 / 10

Distance

2.47 KM

H T Thrift Elementary School

Public

Grades Served

K-7

Catchment Info

—
6.8 / 10

Distance

2.48 KM

White Rock Christian Academy

Independent

Grades Served

K-12

Catchment Info

—
8.9 / 10

Distance

2.78 KM

Ocean Cliff Elementary School

Public

Grades Served

K-7

Catchment Info

—
5.9 / 10

Distance

2.81 KM

Newbridge Academy

Independent

Grades Served

—

Catchment Info

—
8.1 / 10

Distance

2.99 KM

Walkability & Transit Near 2488 138 Street

Walk Score Badge
Car-Dependent 24

Walk Score - Car-Dependent

Almost all errands require a car
Transit Score Badge
Some Transit 21

Transit Score - Minimal Transit

It is possible to get on a bus
Bike Score Badge
Somewhat
Bikeable
39

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

BC Assessment Value — 2488 138 Street

2026 assessed value, sourced from City of Surrey open data (PID 018-726-445).
Total Assessed Value (2026)
$2,198,000
2026 Value Trend
Land
$1,849,000
Buildings
$349,000
Year Built
N/A
Class
N/A
Zoning
R2
Property Tax
N/A
Year Land Improvements Total Assessed YOY Change
2026 $1,849,000 $349,000 $2,198,000 —

Mortgage Calculator for 2488 138 Street

/month
Principal & Interest
Property Taxes $687
Maintenance fee 0
A 20% down payment of $441,600 on this $2,208,000 listing yields an estimated mortgage of $8,433/month (30-year fixed, 4%). Total estimated housing cost: $9,120/month, $687 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.

Investment Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
Cap Rate
Cash on Cash
With $5,401/month in estimated rental income against $9,318/month in mortgage payments, the monthly cashflow is -$3,917/month. A 58% 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 2488 138 Street, 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 — Elgin Chantrell, Surrey

Beds Home Types Square Feet Lot Size Year Built
This Home $2,208,000
Surrey Loading...
Elgin Chantrell Loading...

Based on 3 comparable active Single Family Residences in Elgin Chantrell, the average asking price is $2,181,000. This listing is priced 1.2% above the neighbourhood 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 2488 138 Street

Walk Score Badge
Car-Dependent 24

Walk Score - Car-Dependent

Almost all errands require a car
Transit Score Badge
Some Transit 21

Transit Score - Minimal Transit

It is possible to get on a bus
Bike Score Badge
Somewhat
Bikeable
39

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

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