Home Surrey, BC King George Corridor 2714 Parkway Drive

2714 Parkway Dr, Surrey BC - Single Family Residence for Sale - MLS# R3144913

56 days on the market

$1,518,888

Est. Mortgage $6,720/mo

Listing updated: Jul 16, 2026 at 09:09am

EstateBlock checked: Sep 3, 2026 at 12:45am

7 Beds

4 Baths

2479 sqft

613 $ /sqft

1971 built

56 days on the market

$1,518,888

Est. $6,720/mo with 20% down

Listing updated: Jul 16, 2026 at 09:09am

EstateBlock checked: Sep 3, 2026 at 12:45am

Photos

Exterior Front Photo of 2714 Parkway Drive, Surrey, BC

Exterior Rear Photo of 2714 Parkway Drive, Surrey, BC

Living Room Photo of 2714 Parkway Drive, Surrey, BC

Family Room Photo of 2714 Parkway Drive, Surrey, BC

Dining Area Photo of 2714 Parkway Drive, Surrey, BC

Kitchen Photo of 2714 Parkway Drive, Surrey, BC

Kitchen Island Photo of 2714 Parkway Drive, Surrey, BC

Pantry Photo of 2714 Parkway Drive, Surrey, BC

Breakfast Nook Photo of 2714 Parkway Drive, Surrey, BC

Primary Bedroom Photo of 2714 Parkway Drive, Surrey, BC

Introducing 2714 Parkway Drive, a rare South Surrey income property sitting on a generous 9,700sqft lot. This spacious 2,479 sq ft rancher delivers immediate cash flow with $7,200/month in rental income across three self-contained units: a 3 bed/2 bath primary residence plus two private 2-bedroom suites, each with separate entrances and shared laundry. Rear lane access adds further convenience and flexibility. Current City of Surrey bylaws permit up to 6 dwelling units on a property of this size, meaning the bones are already there for a houseplex build-out without a rezoning application. Neighbouring lots on this street have already rezoned to townhouse and multiple residential. This is the kind of land-heavy asset that quietly pays you while you wait. Don't miss it.

Interior Features

Basement Finished Area (sqft)	0
Basement Features	None
Appliances Included	Washer/Dryer, Dishwasher, Refrigerator, Stove
Fireplace	2
Heating Type	Forced Air, Natural Gas
# of Kitchens	3
Foundation	Slab

Exterior Features

Roof	Asphalt
Structures	Residential Detached

Building Details

Price	$1,518,888
Total Bedrooms	7
Total Bathrooms	4
Full Bathrooms	4
Half Bathrooms	0
Floor Area Total (sqft)	2479
Year Built	1971
Age Of Building	55
Building Type	Single Family Residence
Property Type	Residential
Architecture Style	Rancher/Bungalow
Stories	1
Ownership Type	Freehold NonStrata
Utility Type	Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer	Septic Tank
Water (WaterSource)	Public
Parking Type	Additional Parking, Garage Double, Front Access, Lane Access
Total Parking Spaces	6

Lot & Land

Lot Size	9703
Lot Size Depth	Feet
Lot Size Frontage	118
MLS^® #	R3144913
Area	South Surrey White Rock
Neighbourhood	King George Corridor
City	Surrey
Postal Code	V4P 1E8
Gross Taxes	$7,298.09
Zoning	R3

Property Timeline

Status	Date	Price
R3144913 / Active	07-09-2026	$1,518,888
to view full Property History (2 earlier records)

Rooms

Floor	Type	Dimensions
Main Level	Foyer	6'8 x 6'8 ft
Main Level	Living Room	14'8 x 14'8 ft
Main Level	Dining Room	12'8 x 12'8 ft
Main Level	Kitchen	11'2 x 11'2 ft
Main Level	Primary Bedroom	15'4 x 15'4 ft
Main Level	Walk-In Closet	6'11 x 6'11 ft
Main Level	Bedroom	8'5 x 8'5 ft
Main Level	Bedroom	8'6 x 8'6 ft
Main Level	Laundry	7' x 7' ft
Main Level	Mud Room	11'8 x 11'8 ft

Bathrooms

Floor	Ensuite	Pieces
Main Level	Yes	#3
Main Level	No	#4

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
Jessie Lee Elementary School: Average 1.29 km 5.2/10
Secondary
Semiahmoo Secondary School: Above Average 2.24 km 8/10

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 0.96 km 8.7/10
Elementary, Secondary
White Rock Christian Academy: Above Average 0.97 km 8.9/10

Closest Transit

Bus Stop
Northbound 152 St @ King George Blvd: 0.33 km
Skytrain
Skytrain @ Hillcrest/ 184 st Station ( Under Construction till 2029): 10.55 km

Crime Rate

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

Demographics

Post-Secondary Education: Below Average 24.9%
No Certificate/Degree: Below Average 12.1%
Owner Occupied: Below Average 55.1%
Employment Rate: Average 54.2%

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

54 / 100

Overall sell-speed score

Moderate pace expected

Price competition grade

Avg comparable: $1,681,409

—

Market conditions

Market conditions unavailable

Flood Risk (FEMA/BC)

Unlikely — not in floodplain

Railway / Skytrain noise

Unlikely — 10.55 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 KING GEORGE CORRIDOR compares

This property

56 DOM

Listed

King George Corridor avg

—

Surrey avg

—

2714 Parkway Drive has a sell-speed score of 54/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 10.7% below comparable active properties in King George Corridor, 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 V4P 1E8

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V4P 1E8, 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 (~11.7 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

Shopping (58 nearby)

Ola'ana · 363 m · Beauty Shop
Vancouver hairdressing academy · 363 m · Hairdresser
Space salon - a michael levine salon · 367 m · Hairdresser

Restaurants (39 nearby)

Newton pizza · 264 m · Fast Food
C-lovers fish & chips · 281 m · Fast Food
Maguroguy sushi & grill · 318 m · Restaurant

Groceries (13 nearby)

All of oils, wholesome oils & vinegars · 292 m · Supermarket
Safeway · 519 m · Supermarket
Fruticana · 595 m · Supermarket

Cafes (9 nearby)

Blenz coffee · 326 m · Cafe
Starbucks · 507 m · Cafe
Coco fresh tea & juice · 601 m · Cafe

Healthcare (4 nearby)

London drugs · 609 m · Healthcare
Pure integrative pharmacy · 659 m · Healthcare
Peoples shifa pharmacy · 844 m · Healthcare

Transit (1 nearby)

Bus stop eastbound 24 ave @ 157 st · 970 m · Transit

Schools NearBy

17 Schools are within 3km

School	Type	Grades Served	Catchment Info	Rating	Distance
South Surrey White Rock Learning Centre	Public	Grades Served 10-12	Catchment Info —	3.8 / 10	Distance 836 m
Star of the Sea School	Independent	Grades Served K-7	Catchment Info —	8.7 / 10	Distance 961 m
White Rock Christian Academy	Independent	Grades Served K-12	Catchment Info —	8.9 / 10	Distance 968 m
Star of the Sea	Independent	Grades Served —	Catchment Info —	4.6 / 10	Distance 1.01 KM
Sunnyside Elementary School	Public	Grades Served K-7	Catchment Info —	6.3 / 10	Distance 1.15 KM
Jessie Lee Elementary School	Public	Grades Served K-7	Catchment Info In Catchment	5.2 / 10	Distance 1.29 KM
Southridge School	Independent	Grades Served K-12	Catchment Info —	10.0 / 10	Distance 1.29 KM
Morgan Elementary School	Public	Grades Served K-7	Catchment Info —	7.2 / 10	Distance 1.42 KM
Newbridge Academy	Independent	Grades Served —	Catchment Info —	8.1 / 10	Distance 1.64 KM
Rosemary Heights Elementary School	Public	Grades Served K-7	Catchment Info —	6.8 / 10	Distance 1.73 KM
Semiahmoo Trail Elementary School	Public	Grades Served K-7	Catchment Info —	7.3 / 10	Distance 1.77 KM
Semiahmoo Secondary School	Public	Grades Served 8-12	Catchment Info In Catchment	8.0 / 10	Distance 2.24 KM
H T Thrift Elementary School	Public	Grades Served K-7	Catchment Info —	6.8 / 10	Distance 2.36 KM
Earl Marriott Secondary	Public	Grades Served —	Catchment Info —	9.6 / 10	Distance 2.88 KM
White Rock Elementary	Public	Grades Served —	Catchment Info —	5.9 / 10	Distance 2.92 KM
White Rock Elementary School	Public	Grades Served K-7	Catchment Info —	5.9 / 10	Distance 2.92 KM
Peace Arch Elementary School	Public	Grades Served K-7	Catchment Info —	5.9 / 10	Distance 2.97 KM

Walkability & Transit Near 2714 Parkway Drive

Car-Dependent 71

Walk Score - Very Walkable

Most errands can be accomplished on foot

Some Transit 53

Transit Score - Good Transit

Many nearby public transportation options

Somewhat
Bikeable 62

Bike Score - Bikeable

Some bike infrastructure

BC Assessment Value — 2714 Parkway Drive

2026 assessed value, sourced from City of Surrey open data (PID 003-338-371).

Total Assessed Value (2026)

$1,289,500

2026 Value Trend

Land

$1,259,000

Buildings

$30,500

Year Built

N/A

Class

N/A

Zoning

Property Tax

N/A

Year	Land	Improvements	Total Assessed	YOY Change
2026	$1,259,000	$30,500	$1,289,500	—

Mortgage Calculator for 2714 Parkway Drive

Home Price

Down Payment

Down Payment (percent)

Interest Rate

Loan Type

/month

Principal & Interest

Property Taxes $608

Maintenance fee 0

With a 20% down payment, buyers can expect an estimated $6,409/month in total housing costs on this $1,518,888 property — $5,801 mortgage payment, $608 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: Jul 16, 2026

Investment Cashflow Calculator

Property Tax (Monthly)

Basic Insurance Cost

Rental Income

Vacancy Rate

Down Payment

Down Payment (percent)

/month

Mortgage Payment

Monthly Payment

Break Even Down Payment 0%

Cap Rate

Cash on Cash

Based on $6,144/month estimated rent and $6,567/month in total housing costs, this property has a -$423/month cashflow. Break-even down payment: approximately 26%.

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

Estateblock Rent Estimate for 2714 Parkway Drive, 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.