8962 151 St, Surrey BC - Land for Sale - MLS# R3172624

2 days on the market
$4,344,000
Est. Mortgage $19,218/mo
Listing updated:
EstateBlock checked:
0 sqft
NEW
2 days on the market
$4,344,000
Est. $19,218/mo with 20% down
Listing updated:
EstateBlock checked:

Property Details for 8962 151 Street

Must See! Approx. 7,240 SqFt rectangle lot with approx. 1,936 SqFt single family in Surrey Beer Creek Green Timber area. Month to Month tenant with approx. $2,600/month gross rent income. Potential to land assemble with neighbours for 3.15 Acres development site. Under Fleetwood NCP and 200m tier of 152nd Skytrain Station, potential for 5 FAR mixed-use high-rise development, directly facing the future 152 Street SkyTrain Station. Walking distance to Fleetwood Village plaza and Evergreen Mall. A rare opportunity for investors or developers who are looking for development land in the heart of Surrey. Don’t hesitate, call now.

Exterior Features

Structures Land Only

Building Details

Price $4,344,000
Property Type Land
Ownership Type Freehold NonStrata
Utility Type Sanitary Sewer Public, Storm Sewer Available, Electricity Available, Natural Gas Available, Natural Gas Connected, Cable Connected
Water (WaterSource) Community

Lot & Land

Lot Size 7240
Lot Size Depth Feet
MLS® # R3172624
Area Surrey
Neighbourhood Bear Creek Green Timbers
City Surrey
Postal Code V3R 8Y9
Gross Taxes $7,754.88
Zoning R3

Property Timeline

Status Date Price
R3172624 / Active 10-05-2026 $4,344,000

Listed by: RE/MAX City 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.

Map & Neighbourhood

Public Schools

Secondary
Enver Creek Secondary School
Average 1.62 km 5.6/10
Elementary
Green Timbers Elementary School
Below Average 1.42 km 3.5/10

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

Private Schools

Elementary
Cornerstone Montessori School
Above Average 1.38 km 10/10
Secondary
Holy Cross Regional High School
Above Average 2.15 km 7.7/10

Closest Transit

Bus Stop
Westbound Fraser Hwy @ 152 St
0.14 km
Skytrain
Skytrain @ 152 St Station ( Under Construction till 2029)
0.18 km

Crime Rate

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

Demographics

Post-Secondary Education
Below Average 17.8%
No Certificate/Degree
Above Average 21.6%
Owner Occupied
Average 68%
Employment Rate
Above Average 73.3%

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

30 / 100
Overall sell-speed score
May take longer
D
Price competition grade
Avg comparable: $-9,018,144
—
Market conditions
Market conditions unavailable
Flood Risk
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 0.18 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 BEAR CREEK GREEN TIMBERS compares
This property
2 DOM
Listed
Bear Creek Green Timbers avg
—
—
Surrey avg
—
—

8962 151 Street has a sell-speed score of 30/100, placing it in the "May take longer than the area average to sell" band. The listing is priced 307.6% above comparable active properties in Bear Creek Green Timbers. Based on these signals, EstateBlock predicts this listing is could take longer than the area average to sell.

Climate Risk for V3R 8Y9

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V3R 8Y9, 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 (~7.2 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 (16 nearby)

  • Pho 99 · 223 m · Restaurant
  • Gourmet donuts & coffee · 261 m · Fast Food
  • Ricky's all day grill · 266 m · Restaurant

Shopping (10 nearby)

  • Pharmasave · 110 m · Pharmacy
  • Shoppers drug mart · 214 m · Pharmacy
  • Evergreen · 216 m · Post Office

Groceries (8 nearby)

  • Bc liquor store · 268 m · Beverages
  • Fleetwood farm market · 270 m · Supermarket
  • Jak's beer wine and spirits · 315 m · Beverages

Cafes (3 nearby)

  • Bbq king delight · 157 m · Cafe
  • Starbucks · 242 m · Cafe
  • Tim hortons · 962 m · Cafe

Healthcare (2 nearby)

  • Pharmasave · 110 m · Healthcare
  • Shoppers drug mart · 214 m · Healthcare

Transit (2 nearby)

  • Skytrain @ 152 st station ( under construction till 2029) station · 184 m · Transit
  • Bus stop southbound 156 st @ 89b ave · 992 m · Transit

Schools NearBy

30 Schools are within 3km

School Type Grades Served Catchment Info Rating Distance

Berkshire Park Elementary School

Public

Grades Served

K-7

Catchment Info

—
5.6 / 10

Distance

999 m

Maple Green Elementary School

Public

Grades Served

K-7

Catchment Info

—
3.8 / 10

Distance

1.05 KM

Cornerstone Montessori School

Independent

Grades Served

K-7

Catchment Info

—
10.0 / 10

Distance

1.38 KM

Woodland Park Elementary School

Public

Grades Served

K-7

Catchment Info

—
4.3 / 10

Distance

1.40 KM

Green Timbers Elementary School

Public

Grades Served

K-7

Catchment Info

In Catchment
3.5 / 10

Distance

1.42 KM

A H P Matthew Elementary

Public

Grades Served

—

Catchment Info

—
4.5 / 10

Distance

1.45 KM

Enver Creek Secondary School

Public

Grades Served

8-12

Catchment Info

In Catchment
5.6 / 10

Distance

1.62 KM

Bonaccord Elementary School

Public

Grades Served

K-7

Catchment Info

—
5.8 / 10

Distance

1.64 KM

Mountainview Montessori

Public

Grades Served

K-7

Catchment Info

—
6.4 / 10

Distance

1.71 KM

Janice Churchill Elementary School

Public

Grades Served

K-7

Catchment Info

—
4.0 / 10

Distance

1.71 KM

Johnston Heights Secondary School

Public

Grades Served

8-12

Catchment Info

—
6.4 / 10

Distance

1.86 KM

Brookside Elementary School

Public

Grades Served

K-7

Catchment Info

—
6.0 / 10

Distance

1.97 KM

Coyote Creek Elementary School

Public

Grades Served

K-7

Catchment Info

—
5.3 / 10

Distance

1.97 KM

St.Matthew's Elementary School

Independent

Grades Served

K-7

Catchment Info

—
7.8 / 10

Distance

2.00 KM

William F. Davidson Elementary School

Public

Grades Served

K-7

Catchment Info

—
5.2 / 10

Distance

2.10 KM

SD 36 Alternate North Surrey LC

Public

Grades Served

—

Catchment Info

—
6.3 / 10

Distance

2.14 KM

Holy Cross Regional High School

Independent

Grades Served

8-12

Catchment Info

—
7.7 / 10

Distance

2.15 KM

Education Services (Alternate)

Public

Grades Served

—

Catchment Info

—
3.8 / 10

Distance

2.16 KM

North Surrey Secondary School

Public

Grades Served

8-12

Catchment Info

—
6.7 / 10

Distance

2.20 KM

Serpentine Heights Elementary School

Public

Grades Served

K-7

Catchment Info

—
5.0 / 10

Distance

2.22 KM

Surrey Christian School

Independent

Grades Served

K-12

Catchment Info

—
7.5 / 10

Distance

2.25 KM

Fleetwood Park Secondary School

Public

Grades Served

8-12

Catchment Info

—
6.8 / 10

Distance

2.28 KM

North Surrey Learning Centre

Public

Grades Served

10-12

Catchment Info

—
3.2 / 10

Distance

2.30 KM

Simon Cunningham Elementary School

Public

Grades Served

K-7

Catchment Info

—
4.1 / 10

Distance

2.31 KM

Frost Road Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.0 / 10

Distance

2.40 KM

Guildford Learning Centre

Public

Grades Served

10-12

Catchment Info

—
3.7 / 10

Distance

2.44 KM

Creekside Elementary School

Public

Grades Served

K-7

Catchment Info

—
4.2 / 10

Distance

2.55 KM

Walnut Road Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.2 / 10

Distance

2.72 KM

Lena Shaw Elementary School

Public

Grades Served

K-7

Catchment Info

—
4.0 / 10

Distance

2.76 KM

Hjorth Road Elementary School

Public

Grades Served

K-7

Catchment Info

—
3.1 / 10

Distance

2.96 KM

Walkability & Transit Near 8962 151 Street

Walk Score Badge
Car-Dependent 76

Walk Score - Very Walkable

Most errands can be accomplished on foot
Transit Score Badge
Some Transit 60

Transit Score - Good Transit

Many nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
65

Bike Score - Bikeable

Some bike infrastructure

BC Assessment Value — 8962 151 Street

2026 assessed value, sourced from City of Surrey open data (PID 002-079-950).
Total Assessed Value (2026)
$2,001,600
2026 Value Trend
Land
$1,959,000
Buildings
$42,600
Year Built
N/A
Class
N/A
Zoning
R3
Property Tax
N/A
Year Land Improvements Total Assessed YOY Change
2026 $1,959,000 $42,600 $2,001,600 —

Mortgage Calculator for 8962 151 Street

/month
Principal & Interest
Property Taxes $646
Maintenance fee 0
A 20% down payment of $868,800 on this $4,344,000 listing yields an estimated mortgage of $16,591/month (30-year fixed, 4%). Total estimated housing cost: $17,237/month, $646 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
With $9,776/month in estimated rental income against $17,526/month in mortgage payments, the monthly cashflow is -$7,751/month. A 58% 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 8962 151 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 — Bear Creek Green Timbers, Surrey

Beds Home Types Square Feet Lot Size Year Built
This Home $4,344,000
Surrey Loading...
Bear Creek Green Timbers Loading...

Based on 2 comparable active properties in Bear Creek Green Timbers, the average asking price is $1,065,667. This listing is priced 307.6% above the neighbourhood 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 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

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Walkability & Transit Near 8962 151 Street

Walk Score Badge
Car-Dependent 76

Walk Score - Very Walkable

Most errands can be accomplished on foot
Transit Score Badge
Some Transit 60

Transit Score - Good Transit

Many nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
65

Bike Score - Bikeable

Some bike infrastructure

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