$1,199,999
Prime development and investment opportunity on a 8,956 sq. ft. R3-zoned lot. Build a single-family home or duplex with garden suite, accommodating a three-level residence (two storey plus basement) with a legal basement suite. Excellent potential for multi-income revenue and long-term appreciation. Situated in a quiet, centrally located neighbourhood with close proximity to schools, shopping, transit, major highways, restaurants, recreation centres, and parks. Ideal for builders and investors seeking a versatile, ready-to-build property. Call for details.
| Structures | Land Only |
|---|
| Price | $1,075,000 |
|---|---|
| Property Type | Land |
| Ownership Type | Freehold NonStrata |
| Community Features | Near Shopping |
| 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 | 8956 |
|---|---|
| Lot Size Depth | Feet |
| Lot Size Frontage | 77.02 |
| MLS® # | R3088045 |
| Area | Surrey |
| Neighbourhood | East Newton |
| City | Surrey |
| Postal Code | V3W 7B5 |
| Gross Taxes | $4,733.85 |
| Zoning | R3 |
Listed by: Sutton Premier Realty & Sutton Premier Realty
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
7881 138 Street has a sell-speed score of 67/100, placing it in the "Expected to sell within weeks" band. The listing is priced 21.1% below comparable active properties in East Newton, 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 V3W 7B5, 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 4.5 µg/m³ — meets WHO 2021 guideline (BC ENV 2024). Nearest station: North Delta, Delta (~4.7 km). Annual avg AQHI 2.1 — 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.
30 Schools are within 3km
| School | Type | Grades Served | Catchment Info | Rating | Distance |
|---|---|---|---|---|---|
Bear Creek Elementary School |
Public |
Grades ServedK-7
|
Catchment InfoIn Catchment
|
Distance218 m
|
|
Frank Hurt Secondary School |
Public |
Grades Served8-12
|
Catchment InfoIn Catchment
|
Distance509 m
|
|
Newton Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance1.00 KM
|
|
McLeod Road Traditional |
Public |
Grades Served—
|
Catchment Info—
|
Distance1.03 KM
|
|
Surrey Muslim School |
Independent |
Grades ServedK-7
|
Catchment Info—
|
Distance1.08 KM
|
|
M B Sanford Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance1.59 KM
|
|
Brookside Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance1.62 KM
|
|
Enver Creek Secondary School |
Public |
Grades Served8-12
|
Catchment Info—
|
Distance1.83 KM
|
|
Janice Churchill Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance1.91 KM
|
|
W E Kinvig Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance1.99 KM
|
|
Georges Vanier Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance1.99 KM
|
|
Dr. F. D. Sinclair Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance2.12 KM
|
|
Chimney Hill Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance2.15 KM
|
|
Cornerstone Montessori School |
Independent |
Grades ServedK-7
|
Catchment Info—
|
Distance2.16 KM
|
|
Sikh Academy |
Independent |
Grades ServedK-7
|
Catchment Info—
|
Distance2.18 KM
|
|
Princess Margaret Secondary School |
Public |
Grades Served8-12
|
Catchment Info—
|
Distance2.33 KM
|
|
Green Timbers Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance2.35 KM
|
|
Gabrielle-Roy |
Public |
Grades Served—
|
Catchment Info—
|
Distance2.36 KM
|
|
Creekside Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance2.39 KM
|
|
Cindrich Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance2.44 KM
|
|
Hyland Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance2.48 KM
|
|
Maple Green Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance2.54 KM
|
|
T E Scott Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance2.59 KM
|
|
Continuing Ed SD36 (Invergarry) |
Public |
Grades Served—
|
Catchment Info—
|
Distance2.72 KM
|
|
Henry Bose Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance2.82 KM
|
|
North Surrey Learning Centre |
Public |
Grades Served10-12
|
Catchment Info—
|
Distance2.84 KM
|
|
Education Services (Alternate) |
Public |
Grades Served—
|
Catchment Info—
|
Distance2.84 KM
|
|
SD 36 Alternate North Surrey LC |
Public |
Grades Served—
|
Catchment Info—
|
Distance2.87 KM
|
|
Strawberry Hill Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance2.92 KM
|
|
St Bernadette |
Independent |
Grades Served—
|
Catchment Info—
|
Distance2.97 KM
|
| Year | Land | Improvements | Total Assessed | YOY Change |
|---|---|---|---|---|
| 2026 | $1,264,000 | $0 | $1,264,000 | — |
Buy Vs Rent Calculator
Rent vs own
—
Based on 2 comparable active properties in East Newton, the average asking price is $1,362,667. This listing is priced 21.1% below the neighbourhood average. This property is flagged as a Hot Deal (10.4% price reduction, 21.1% cheaper than comparables) based on its competitive pricing and market demand.
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