3055 140 St, Surrey BC – House for Sale – MLS® R3175474

3055 140 Street, Surrey, British Columbia V4P 2C2

2 days on the market
$7,990,000
Est. Mortgage $35,348/mo
Listing updated:
EstateBlock checked:
7 Beds
6 Baths
6636 sqft
1204 $ /sqft
1973 built
2 days on the market
$7,990,000
Est. $35,348/mo with 20% down
Listing updated:
EstateBlock checked:

Property Details for 3055 140 Street

Investor/Developer Alert! Rare 2.45-acre flat, cleared property in prestigious Elgin Chantrell, extending from 140 Street to 139 Street. The solid, partially updated home (2015) offers 7 bedrooms and 6 bathrooms, complemented by a detached 5-car garage, an additional rear garage and ample storage, providing excellent holding value. Proposed rezoning from RA to R2 and subdivision into 8 residential lots, each approx. 10,021 sqft, with potential for single-family homes or multiplex development. Current Planning Status: Third Reading. An exceptional investment opportunity in one of South Surrey's most desirable neighbourhoods. Call for details!

Interior Features

Basement Finished Area (sqft) 0
Basement Features None
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Fireplace 4
Heating Type Forced Air
# of Kitchens 1
Flooring Laminate
Foundation Slab

Exterior Features

Exterior Features Balcony, Private Yard
Roof Asphalt
Structures Residential Detached

Building Details

Price $7,990,000
Total Bedrooms 7
Total Bathrooms 6
Full Bathrooms 3
Half Bathrooms 3
Floor Area Total (sqft) 6636
Year Built 1973
Age Of Building 53
Building Type Single Family Residence
Property Type Residential
Stories 2
Ownership Type Freehold NonStrata
Community Features Shopping Nearby
Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Septic Tank
Water (WaterSource) Public
Parking Type Garage Triple, Front Access
Total Parking Spaces 10
Rental Suites None

Lot & Land

Lot Size 2.4501
Lot Size Depth Feet
Lot Size Frontage 162
MLS® # R3175474
Area South Surrey White Rock
Neighbourhood Elgin Chantrell
City Surrey
Postal Code V4P 2C2
Gross Taxes $30,294.99
Zoning RA

Property Timeline

Status Date Price
R3175474 / Active 10-13-2026 $7,990,000
Rooms
Floor Type Dimensions
Main Level Living Room 22'4 x 22'4 ft
Main Level Dining Room 19'3 x 19'3 ft
Main Level Kitchen 24'9 x 24'9 ft
Main Level Great Room 46'3 x 46'3 ft
Main Level Bedroom 11'2 x 11'2 ft
Main Level Den 0'0 x 0'0 ft
Main Level Solarium 13'9 x 13'9 ft
Above Level Family Room 22'1 x 22'1 ft
Above Level Primary Bedroom 17'6 x 17'6 ft
Above Level Bedroom 9'11 x 9'11 ft
Above Level Bedroom 10'0 x 10'0 ft
Above Level Bedroom 17'6 x 17'6 ft
Above Level Bedroom 9'11 x 9'11 ft
Above Level Bedroom 17'9 x 17'9 ft
Bathrooms
Floor Ensuite Pieces
Main Level No #4
Main Level No #2
Main Level No #2
Above Level Yes #4
Above Level No #4

Listed by: Sutton Group-West Coast Realty (Surrey/24)

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 1.11 km 7.8/10
Secondary
Elgin Park Secondary School
Above Average 1.64 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 2.55 km 8.7/10
Elementary, Secondary
White Rock Christian Academy
Above Average 2.94 km 8.9/10

Closest Transit

Bus Stop
Westbound Crescent Rd @ 13700 Block
0.87 km
Skytrain
Skytrain @ Bakerview/166 st Station ( Under Construction till 2029)
11.64 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

38 / 100
Overall sell-speed score
May take longer
—
Price competition grade
No comparable data
Buyer's
Market conditions
Buyer's market — more supply than demand
Flood Risk
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 11.64 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
2 DOM
Listed
Elgin Chantrell avg
—
—
Surrey avg
—
—

3055 140 Street has a sell-speed score of 38/100, placing it in the "May take longer than the area average to sell" band. The listing is has limited comparable pricing data available. 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 2C2

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V4P 2C2, 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 (~12.2 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 westbound crescent rd @ 136 st · 996 m · Transit

Schools NearBy

10 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

1.11 KM

Semiahmoo Trail Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.3 / 10

Distance

1.25 KM

Elgin Park Secondary School

Public

Grades Served

8-12

Catchment Info

In Catchment
7.3 / 10

Distance

1.64 KM

Star of the Sea School

Independent

Grades Served

K-7

Catchment Info

—
8.7 / 10

Distance

2.55 KM

Crescent Park Elementary School

Public

Grades Served

K-7

Catchment Info

—
6.7 / 10

Distance

2.59 KM

Star of the Sea

Independent

Grades Served

—

Catchment Info

—
4.6 / 10

Distance

2.61 KM

Bayridge Elementary

Public

Grades Served

—

Catchment Info

—
6.7 / 10

Distance

2.75 KM

Ray Shepherd Elementary School

Public

Grades Served

K-7

Catchment Info

—
6.8 / 10

Distance

2.92 KM

Laronde Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.9 / 10

Distance

2.94 KM

White Rock Christian Academy

Independent

Grades Served

K-12

Catchment Info

—
8.9 / 10

Distance

2.94 KM

Walkability & Transit Near 3055 140 Street

Walk Score Badge
Car-Dependent 38

Walk Score - Car-Dependent

Most errands require a car
Transit Score Badge
Some Transit 16

Transit Score - Minimal Transit

It is possible to get on a bus
Bike Score Badge
Somewhat
Bikeable
41

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

BC Assessment Value — 3055 140 Street

2026 assessed value, sourced from City of Surrey open data (PID 005-742-579).
Total Assessed Value (2026)
$5,797,000
2026 Value Trend
Land
$5,621,000
Buildings
$176,000
Year Built
N/A
Class
N/A
Zoning
RA
Property Tax
N/A
Year Land Improvements Total Assessed YOY Change
2026 $5,621,000 $176,000 $5,797,000 —

Mortgage Calculator for 3055 140 Street

/month
Principal & Interest
Property Taxes $2,525
Maintenance fee 0
With a 20% down payment, buyers can expect an estimated $33,041/month in total housing costs on this $7,990,000 property — $30,516 mortgage payment, $2,525 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
Based on $16,418/month estimated rent and $33,498/month in total housing costs, this property has a -$17,080/month cashflow. Break-even down payment: approximately 65%.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 3055 140 Street, 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.

Price vs Neighbourhood Average — Elgin Chantrell, Surrey

Beds Home Types Square Feet Lot Size Year Built
This Home $7,990,000
Surrey Loading...
Elgin Chantrell Loading...

No active comparable properties are currently available for this property type in Surrey. The price evaluation chart will update as similar listings enter the market.

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

Earn Cashback on Your Purchase

Potential Cashback for this listing if you buy with us

$0
out of $46,968
0 of 21 missions

Sign up on Estateblock.com

$2,348 / 5.00%

Buy with us & save on this property

Walkability & Transit Near 3055 140 Street

Walk Score Badge
Car-Dependent 38

Walk Score - Car-Dependent

Most errands require a car
Transit Score Badge
Some Transit 16

Transit Score - Minimal Transit

It is possible to get on a bus
Bike Score Badge
Somewhat
Bikeable
41

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

Similar Single Family Residences for Sale in Elgin Chantrell