5920 131 St, Surrey BC - Single Family Residence for Sale - MLS# R3171218

Today on the market
$1,488,000
Est. Mortgage $6,583/mo
Listing updated:
EstateBlock checked:
8 Beds
7 Baths
3300 sqft
451 $ /sqft
2015 built
NEW
Today on the market
$1,488,000
Est. $6,583/mo with 20% down
Listing updated:
EstateBlock checked:

Property Details for 5920 131 Street

Income-producing opportunity in Panorama Ridge! This custom-built 2015 home offers approx. 3,300 sqft. of living space with 8 bedrooms and 7 bathrooms on a 3,534 sqft. lot. Featuring three separate living spaces—a spacious 4-bedroom main residence, 3-bedroom basement suite and separate 1-bedroom coach home—all currently rented, generating approx. $5,850/month. Located right in front of West Newton Park and near Panorama Park Elementary, Panorama Ridge Secondary, shopping, restaurants and everyday amenities, with convenient access to Hwy 10, 91 & 99 and transit connections. A versatile property offering multiple income streams in an established Panorama Ridge neighbourhood.

Interior Features

Basement Finished Area (sqft) 900
Basement Features Full, Finished, Exterior Entry
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove, Microwave, Oven
Fireplace 1
Heating Type Forced Air
Laundry In Unit
# of Kitchens 3
Flooring Hardwood
Foundation Block

Exterior Features

Exterior Features Playground, Private Yard
Roof Asphalt
Structures Residential Detached

Building Details

Price $1,488,000
Total Bedrooms 8
Total Bathrooms 7
Full Bathrooms 6
Half Bathrooms 1
Floor Area Total (sqft) 3300
Year Built 2015
Age Of Building 11
Building Type Single Family Residence
Property Type Residential
Architecture Style Carriage/Coach House
Stories 2
Ownership Type Freehold NonStrata
Utility Type Community, Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer
Water (WaterSource) Public
Parking Type Additional Parking, Detached, Rear Access, Concrete
Total Parking Spaces 4
Rental Suites Legal Suite

Lot & Land

Lot Size 3533.86
Lot Size Depth Feet
Lot Size Frontage 30
MLS® # R3171218
Area Surrey
Neighbourhood Panorama Ridge
City Surrey
Postal Code V3X 0G4
Gross Taxes $6,747.79
Zoning R5

Property Timeline

Status Date Price
R3171218 / Active 10-01-2026 $1,488,000
Rooms
Floor Type Dimensions
Main Level Living Room 18'4 x 18'4 ft
Main Level Kitchen 21'6 x 21'6 ft
Main Level Dining Room 11'1 x 11'1 ft
Main Level Office 11'3 x 11'3 ft
Main Level Foyer 7'5 x 7'5 ft
Main Level Porch (enclosed) 21'5 x 21'5 ft
Main Level Patio 15'2 x 15'2 ft
Basement Level Patio 11'1 x 11'1 ft
Basement Level Living Room 13'3 x 13'3 ft
Basement Level Kitchen 13'3 x 13'3 ft
Basement Level Primary Bedroom 16'2 x 16'2 ft
Basement Level Bedroom 9'9 x 9'9 ft
Basement Level Bedroom 10'2 x 10'2 ft
Above Level Primary Bedroom 14' x 14' ft
Above Level Bedroom 10' x 10' ft
Above Level Bedroom 10'6 x 10'6 ft
Above Level Bedroom 11'3 x 11'3 ft
Below Bedroom 11'0 x 11'0 ft
Below Kitchen 14'0 x 14'0 ft
Below Living Room 11'5 x 11'5 ft
Bathrooms
Floor Ensuite Pieces
Main Level No #3
Above Level Yes #3
Above Level No #3
Above Level No #3
Basement No #3

Listed by: YPA Your Property Agent

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
Panorama Park Elementary School
Average 0.72 km 4.5/10

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

Private Schools

Elementary
St. Bernadette
Above Average 1.27 km 8.6/10
Elementary,Secondary
Regent Christian Online Academy
Above Average 4.25 km 8.2/10

Closest Transit

Bus Stop
Northbound 132 St @ Hwy 10
0.23 km
Skytrain
Skytrain @ 152 St Station ( Under Construction till 2029)
7.50 km

Crime Rate

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

Demographics

Post-Secondary Education
Below Average 21.4%
No Certificate/Degree
Above Average 21.8%
Owner Occupied
Above Average 74.7%
Employment Rate
Above Average 77.2%

Noise/ Power Lines

Road/Hwy Noise
Unlikely
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

No data
Overall sell-speed score
Moderate pace expected
—
Price competition grade
No comparable data
—
Market conditions
Market conditions unavailable
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 7.50 km from station
Road / Highway noise
Unlikely
Airport noise (YVR)
Unlikely
Power lines proximity
Unlikely
ALR (Agricultural Land Reserve)
No — not in ALR
How PANORAMA RIDGE compares
This property
0 DOM
Listed
Panorama Ridge avg
—
—
Surrey avg
—
—

5920 131 Street has a sell-speed score of 48/100, placing it in the "Expected to sell at a moderate pace" band. The listing is has limited comparable pricing data available. Based on these signals, EstateBlock predicts this listing is may take several weeks to attract serious offers.

Climate Risk for V3X 0G4

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V3X 0G4, 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 (BC ENV 2024). Nearest station: North Delta, Delta (~6.2 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

Restaurants (1 nearby)

  • Pizza64 · 969 m · Restaurant

Transit (1 nearby)

  • Bus stop southbound 132 st @ 64 ave · 934 m · Transit

Schools NearBy

21 Schools are within 3km

School Type Grades Served Catchment Info Rating Distance

Panorama Park Elementary School

Public

Grades Served

K-7

Catchment Info

In Catchment
4.5 / 10

Distance

722 m

North Ridge Elementary School

Public

Grades Served

K-7

Catchment Info

—
3.4 / 10

Distance

883 m

J T Brown Elementary School

Public

Grades Served

K-7

Catchment Info

—
4.0 / 10

Distance

1.23 KM

St. Bernadette

Independent

Grades Served

K-7

Catchment Info

—
8.6 / 10

Distance

1.27 KM

St Bernadette

Independent

Grades Served

—

Catchment Info

—
8.6 / 10

Distance

1.33 KM

Henry Bose Elementary School

Public

Grades Served

K-7

Catchment Info

—
3.8 / 10

Distance

1.42 KM

Colebrook Elementary School

Public

Grades Served

K-7

Catchment Info

—
5.4 / 10

Distance

1.45 KM

Al-Mustafa School

Independent

Grades Served

—

Catchment Info

—
0

Distance

1.52 KM

Martha Jane Norris Elementary School

Public

Grades Served

K-7

Catchment Info

—
4.4 / 10

Distance

1.53 KM

Tamanawis Secondary School

Public

Grades Served

8-12

Catchment Info

—
5.6 / 10

Distance

1.66 KM

Boundary Park Elementary

Public

Grades Served

—

Catchment Info

—
6.5 / 10

Distance

1.80 KM

Beaver Creek Elementary School

Public

Grades Served

K-7

Catchment Info

—
4.0 / 10

Distance

1.99 KM

Gabrielle-Roy

Public

Grades Served

—

Catchment Info

—
6.1 / 10

Distance

2.03 KM

Woodward Hill Elementary School

Public

Grades Served

K-7

Catchment Info

—
4.7 / 10

Distance

2.30 KM

W E Kinvig Elementary School

Public

Grades Served

K-7

Catchment Info

—
3.2 / 10

Distance

2.31 KM

Hyland Elementary School

Public

Grades Served

K-7

Catchment Info

—
5.0 / 10

Distance

2.31 KM

McLeod Road Traditional School

Public

Grades Served

K-7

Catchment Info

—
7.2 / 10

Distance

2.32 KM

Princess Margaret Secondary School

Public

Grades Served

8-12

Catchment Info

—
5.2 / 10

Distance

2.64 KM

Sullivan Heights Secondary School

Public

Grades Served

8-12

Catchment Info

—
6.5 / 10

Distance

2.70 KM

Pinewood Elementary School

Public

Grades Served

K-7

Catchment Info

—
6.0 / 10

Distance

2.78 KM

Cougar Creek Elementary School

Public

Grades Served

K-7

Catchment Info

—
4.5 / 10

Distance

2.95 KM

BC Assessment Value — 5920 131 Street

2026 assessed value, sourced from City of Surrey open data (PID 028-899-881).
Total Assessed Value (2026)
$1,397,000
2026 Value Trend
Land
$905,000
Buildings
$492,000
Year Built
N/A
Class
N/A
Zoning
R5
Property Tax
N/A
Year Land Improvements Total Assessed YOY Change
2026 $905,000 $492,000 $1,397,000 —

Mortgage Calculator for 5920 131 Street

/month
Principal & Interest
Property Taxes $562
Maintenance fee 0
Based on a 30-year fixed at 4% interest with 20% down ($297,600), the estimated monthly payment for this listing is $6,245/month — $5,683 principal & interest, $562 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
At an estimated rental income of $5,507/month, this property runs a $928/month shortfall after mortgage and carrying costs. Break-even requires approximately 34% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 5920 131 Street, Surrey

Buy Vs Rent Calculator

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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 — Panorama Ridge, Surrey

Beds Home Types Square Feet Lot Size Year Built
This Home $1,488,000
Surrey Loading...
Panorama Ridge 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 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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