7048 140a St, Surrey BC - Single Family Residence for Sale - MLS# R3151383

47 days on the market
$1,135,000
Est. Mortgage $5,021/mo
Listing updated:
EstateBlock checked:
4 Beds
2 Baths
2252 sqft
504 $ /sqft
1959 built
47 days on the market
$1,135,000
$1,179,000
Est. $5,021/mo with 20% down
Listing updated:
EstateBlock checked:

Property Details for 7048 140a Street

Come view this spacious 4 bedroom, 2 bathroom, 2,252 sq. ft. split-entry home situated on a large 11,408 sq. ft. lot backing onto Arbutus Park. Upstairs features 3 bedrooms, a full bathroom, generous living and dining areas, a kitchen overlooking the backyard, an enclosed solarium and a balcony. Downstairs offers a bedroom, bathroom, second kitchen with gas stove, living room, laundry, workshop and 2 fireplaces. Enjoy a tandem 2-car garage, extra storage, RV/Boat parking and an east-facing backyard. Walk to Georges Vanier Elementary, Newton Exchange, Superstore, Save-On-Foods, banks, Newton Wave Pool, restaurants and more!

Interior Features

Basement Finished Area (sqft) 0
Basement Features Partially Finished, Exterior Entry
Fireplace 3
Heating Type Forced Air, Natural Gas
# of Kitchens 2
Flooring Concrete, Hardwood, Mixed, Carpet
Foundation Concrete Perimeter

Exterior Features

Roof Asphalt
Structures Residential Detached

Building Details

Price $1,135,000
Total Bedrooms 4
Total Bathrooms 2
Full Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 2252
Year Built 1959
Age Of Building 67
Building Type Single Family Residence
Property Type Residential
Architecture Style Split Entry
Stories 2
Ownership Type Freehold NonStrata
Community Features Shopping Nearby
Utility Type Electricity Connected, Natural Gas Connected
Utility Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource) Public
Parking Type Garage Single, Open, RV Access/Parking, Front Access
Total Parking Spaces 8
Rental Suites Unauthorized Suite

Lot & Land

Lot Size 11408
Lot Size Depth Feet
Lot Size Frontage 71
MLS® # R3151383
Area Surrey
Neighbourhood East Newton
City Surrey
Postal Code V3W 5L5
Gross Taxes $5,732.78
Zoning R3

Property Timeline

Status Date Price
R3151383 / Active 08-05-2026 $1,135,000
to view full Property History (2 earlier records)
Rooms
Floor Type Dimensions
Above Level Living Room 13'7 x 13'7 ft
Above Level Kitchen 13'2 x 13'2 ft
Above Level Dining Room 10'4 x 10'4 ft
Above Level Primary Bedroom 11'1 x 11'1 ft
Above Level Bedroom 13'3 x 13'3 ft
Above Level Bedroom 13'3 x 13'3 ft
Above Level Solarium 14'4 x 14'4 ft
Below Living Room 19'1 x 19'1 ft
Below Kitchen 13'0 x 13'0 ft
Below Bedroom 13'5 x 13'5 ft
Below Laundry 10'2 x 10'2 ft
Below Workshop 14'7 x 14'7 ft
Bathrooms
Floor Ensuite Pieces
Above Level No #4
Basement No #3

Listed by: Macdonald Realty (Surrey/152)

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

Secondary
Frank Hurt Secondary School
Average 1.29 km 4.9/10
Elementary
Georges Vanier Elementary School
Below Average 0.25 km 3/10

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

Private Schools

Elementary
Surrey Muslim School
Average 1.47 km 6.7/10
Elementary,Secondary
Regent Christian Online Academy
Above Average 2.31 km 8.2/10

Closest Transit

Bus Stop
Eastbound 72 Ave @ 140 St
0.31 km
Skytrain
Skytrain @ 152 St Station ( Under Construction till 2029)
4.53 km

Crime Rate

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

Demographics

Post-Secondary Education
Below Average 13.1%
No Certificate/Degree
Above Average 23.1%
Owner Occupied
Below Average 53.8%
Employment Rate
Above Average 66.2%

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

46 / 100
Overall sell-speed score
Moderate pace expected
B
Price competition grade
Avg comparable: $1,090,735
Market conditions
Market conditions unavailable
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 4.53 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 EAST NEWTON compares
This property
47 DOM
Listed
East Newton avg
Surrey avg

7048 140a Street has a sell-speed score of 46/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 3.9% above comparable active properties in East Newton. Based on these signals, EstateBlock predicts this listing is may take several weeks to attract serious offers.

Climate Risk for V3W 5L5

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V3W 5L5, 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 (~5.9 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

Shopping (36 nearby)

  • Scotiabank · 542 m · Bank
  • State bank of india · 607 m · Bank
  • Prism hair designers · 615 m · Hairdresser

Restaurants (26 nearby)

  • Planet india restaurant · 568 m · Restaurant
  • Chicken world · 574 m · Fast Food
  • Canadian 2 for 1 pizza · 621 m · Fast Food

Groceries (13 nearby)

  • Circle k · 507 m · Convenience
  • Fruiticana · 636 m · Supermarket
  • Captain meat & poultry · 648 m · Butcher

Healthcare (4 nearby)

  • Gateway medical centre · 761 m · Healthcare
  • Universal pharmacy · 891 m · Healthcare
  • Dean pharmacy · 972 m · Healthcare

Cafes (2 nearby)

  • Espresso café · 902 m · Cafe
  • Tim hortons · 992 m · Cafe

Transit (1 nearby)

  • Bus stop northbound king george blvd @ 72 ave · 997 m · Transit

Schools NearBy

30 Schools are within 3km

School Type Grades Served Catchment Info Rating Distance

Georges Vanier Elementary School

Public

Grades Served

K-7

Catchment Info

In Catchment
3.0 / 10

Distance

254 m

M B Sanford Elementary School

Public

Grades Served

K-7

Catchment Info

3.9 / 10

Distance

766 m

Hyland Elementary School

Public

Grades Served

K-7

Catchment Info

5.0 / 10

Distance

787 m

McLeod Road Traditional

Public

Grades Served

Catchment Info

7.2 / 10

Distance

1.12 KM

Frank Hurt Secondary School

Public

Grades Served

8-12

Catchment Info

In Catchment
4.9 / 10

Distance

1.29 KM

T E Scott Elementary School

Public

Grades Served

K-7

Catchment Info

4.6 / 10

Distance

1.45 KM

Surrey Muslim School

Independent

Grades Served

K-7

Catchment Info

6.7 / 10

Distance

1.47 KM

McLeod Road Traditional School

Public

Grades Served

K-7

Catchment Info

7.2 / 10

Distance

1.49 KM

Chimney Hill Elementary School

Public

Grades Served

K-7

Catchment Info

4.7 / 10

Distance

1.55 KM

W E Kinvig Elementary School

Public

Grades Served

K-7

Catchment Info

3.2 / 10

Distance

1.58 KM

Henry Bose Elementary School

Public

Grades Served

K-7

Catchment Info

3.8 / 10

Distance

1.66 KM

Sullivan Heights Secondary School

Public

Grades Served

8-12

Catchment Info

6.5 / 10

Distance

1.81 KM

Goldstone Park Elementary School

Public

Grades Served

K-7

Catchment Info

5.6 / 10

Distance

1.87 KM

Gabrielle-Roy

Public

Grades Served

Catchment Info

6.1 / 10

Distance

1.90 KM

Woodward Hill Elementary School

Public

Grades Served

K-7

Catchment Info

4.7 / 10

Distance

1.98 KM

Bear Creek Elementary School

Public

Grades Served

K-7

Catchment Info

3.4 / 10

Distance

1.99 KM

St Bernadette

Independent

Grades Served

Catchment Info

8.6 / 10

Distance

2.11 KM

St. Bernadette

Independent

Grades Served

K-7

Catchment Info

8.6 / 10

Distance

2.12 KM

North Ridge Elementary School

Public

Grades Served

K-7

Catchment Info

3.4 / 10

Distance

2.16 KM

Regent Christian Online Academy

Independent

Grades Served

Catchment Info

5.7 / 10

Distance

2.32 KM

Regent Christian Academy

Independent

Grades Served

K-12

Catchment Info

7.6 / 10

Distance

2.32 KM

Princess Margaret Secondary School

Public

Grades Served

8-12

Catchment Info

5.2 / 10

Distance

2.44 KM

Martha Jane Norris Elementary School

Public

Grades Served

K-7

Catchment Info

4.4 / 10

Distance

2.48 KM

Newton Elementary School

Public

Grades Served

K-7

Catchment Info

3.6 / 10

Distance

2.60 KM

Dr. F. D. Sinclair Elementary School

Public

Grades Served

K-7

Catchment Info

3.8 / 10

Distance

2.66 KM

Cambridge Elementary School

Public

Grades Served

K-7

Catchment Info

4.9 / 10

Distance

2.66 KM

Janice Churchill Elementary School

Public

Grades Served

K-7

Catchment Info

4.0 / 10

Distance

2.70 KM

Enver Creek Secondary School

Public

Grades Served

8-12

Catchment Info

5.6 / 10

Distance

2.92 KM

Tamanawis Secondary School

Public

Grades Served

8-12

Catchment Info

5.6 / 10

Distance

2.99 KM

Panorama Park Elementary School

Public

Grades Served

K-7

Catchment Info

4.5 / 10

Distance

3.00 KM

Walkability & Transit Near 7048 140a Street

Walk Score Badge
Car-Dependent 69

Walk Score - Somewhat Walkable

Some errands can be accomplished on foot
Transit Score Badge
Some Transit 70

Transit Score - Excellent Transit

Transit is convenient for most trips
Bike Score Badge
Somewhat
Bikeable
57

Bike Score - Bikeable

Some bike infrastructure

BC Assessment Value — 7048 140a Street

2026 assessed value, sourced from City of Surrey open data (PID 002-661-942).
Total Assessed Value (2026)
$1,411,600
2026 Value Trend
Land
$1,387,000
Buildings
$24,600
Year Built
N/A
Class
N/A
Zoning
R3
Property Tax
N/A
Year Land Improvements Total Assessed YOY Change
2026 $1,387,000 $24,600 $1,411,600

Mortgage Calculator for 7048 140a Street

/month
Principal & Interest
Property Taxes $478
Maintenance fee 0
A 20% down payment of $227,000 on this $1,135,000 listing yields an estimated mortgage of $4,335/month (30-year fixed, 4%). Total estimated housing cost: $4,813/month, $478 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
With $4,472/month in estimated rental income against $4,958/month in mortgage payments, the monthly cashflow is -$486/month. A 29% 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 7048 140a 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 — East Newton, Surrey

Beds Home Types Square Feet Lot Size Year Built
This Home $1,135,000
Surrey Loading...
East Newton Loading...

Comparable data is unavailable at the neighbourhood level. City-wide in Surrey, similar Single Family Residences average $1,092,500 across 2 active listings — this listing is 3.9% above 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 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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Walkability & Transit Near 7048 140a Street

Walk Score Badge
Car-Dependent 69

Walk Score - Somewhat Walkable

Some errands can be accomplished on foot
Transit Score Badge
Some Transit 70

Transit Score - Excellent Transit

Transit is convenient for most trips
Bike Score Badge
Somewhat
Bikeable
57

Bike Score - Bikeable

Some bike infrastructure

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