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An exceptional investment opportunity in the family-friendly community of Fraser Heights. This property consists of an approximately 10,846 sq. ft. lot, which is situated adjacent to a newly listed 19,340 sq. ft. lot at 7735 - 161A Street. This provides a unique prospect to develop a multi-family estate in a highly sought-after, private neighborhood. The location offers convenient access to various schools, parks, shopping centers, public transit, and the Surrey Sports & Leisure Complex. Please note that this property can be acquired individually or in tandem with the adjacent lot.
| Structures | Land Only |
|---|
| Price | $880,000 |
|---|---|
| Property Type | Land |
| Ownership Type | Freehold NonStrata |
| Utility Type | Sanitary Sewer At Lot Line, Storm Sewer At Lot Line, Electricity At Lot Line, Natural Gas At Lot Line, Phone Nearby, Cable Available |
| Water (WaterSource) | Public |
| Lot Size | 10846 |
|---|---|
| Lot Size Depth | Feet |
| Lot Size Frontage | 70 |
| MLS® # | R3147266 |
| Area | Surrey |
| Neighbourhood | Fleetwood Tynehead |
| City | Surrey |
| Postal Code | V4N 0T8 |
| Gross Taxes | $3,011.52 |
| Zoning | R2 |
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.
Public Schools
Information includes BC Government Open License data; school details change often and are offered solely as general guidance.
Private Schools
Closest Transit
Crime Rate
Demographics
Noise/ Power Lines
Other
7723 161a Street has a sell-speed score of 72/100, placing it in the "Expected to sell within weeks" band. The listing is priced 56.4% below comparable active properties in Fleetwood Tynehead, which is a strong competitive signal. Based on these signals, EstateBlock predicts this listing is likely to sell within a few weeks.
Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V4N 0T8, over the next 30 years. Projections use the 2041–2070 period (2050s) under a moderate emissions scenario (SSP2-4.5).
Outside of designated flood hazard zones. Under 10% of buildings in this area have flood risk over the next 30 years.
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.
Annual avg PM2.5 4.6 µg/m³ — meets WHO 2021 guideline (BC ENV 2024). Nearest station: Surrey East, Surrey (~5.9 km). Annual avg AQHI 1.8 — Low Risk.
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.
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.
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.
13 Schools are within 3km
| School | Type | Grades Served | Catchment Info | Rating | Distance |
|---|---|---|---|---|---|
William Watson Elementary School |
Public |
Grades ServedK-7
|
Catchment InfoIn Catchment
|
Distance790 m
|
|
Walnut Road Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance896 m
|
|
Fleetwood Park Secondary School |
Public |
Grades Served8-12
|
Catchment InfoIn Catchment
|
Distance1.13 KM
|
|
Coyote Creek Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance1.38 KM
|
|
Coast Meridian Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance1.80 KM
|
|
Frost Road Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance1.83 KM
|
|
Holy Cross Regional High School |
Independent |
Grades Served8-12
|
Catchment Info—
|
Distance2.20 KM
|
|
St.Matthew's Elementary School |
Independent |
Grades ServedK-7
|
Catchment Info—
|
Distance2.23 KM
|
|
Surrey Christian School |
Independent |
Grades ServedK-12
|
Catchment Info—
|
Distance2.41 KM
|
|
Gobind Sarvar School |
Independent |
Grades ServedK-7
|
Catchment Info—
|
Distance2.61 KM
|
|
Woodland Park Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance2.75 KM
|
|
Chimney Hill Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance2.92 KM
|
|
Maple Green Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance2.98 KM
|
| Year | Land | Improvements | Total Assessed | YOY Change |
|---|---|---|---|---|
| 2026 | $718,000 | $0 | $718,000 | — |
Buy Vs Rent Calculator
Rent vs own
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Comparable data is unavailable at the neighbourhood level. City-wide in Surrey, similar properties average $2,016,419 across 29 active listings — this listing is 56.4% below the Surrey average. This property is flagged as a Hot Deal (56.4% cheaper than comparables) based on its competitive pricing and market demand.
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