10991 132 STREET

Surrey · MLS® R3138850

3 bed · 2 bath · 1,414 sq ft · 6,734 sq ft lot · 4 parking

House · Single Family · built 1953 · 106 days on market

Listed by Adam Murphy, Stonehaus Realty Corp.

Realtor's description

DEVELOPMENT POTENTIAL in a rapidly evolving Surrey location! This corner lot presents an exciting opportunity for builders, developers, and investors to secure a well-located property surrounded by newer low-rise apartment development and ongoing neighborhood growth. The value is in the land, location, and future vision. Close to transit, shopping, schools, parks, and Surrey City Centre, this property is ideally positioned for continued demand and future possibilities. Explore potential multi-unit development, land assembly, or hold for long-term investment. Buyers to conduct their own due diligence with the City of Surrey regarding zoning, permitted uses, development potential, and future plans. A rare chance to invest in Surrey's growth story.

Property details

Type: House, Single Family
Bedrooms: 3
Bathrooms: 2
Living area: 1,414 sq ft
Lot: 6,734 sq ft
Parking: 4
Year built: 1953
Property tax: $4,692 / yr
Days on market: 106
MLS®: R3138850

Price check

Price per sq ft: $1,132 vs $531 median for houses in Surrey for sale (1875)

An estimate from public BC Assessment records, registered sales and the listings for sale right now, not an appraisal. Condition, renovations, views and lot all move real value.

Property insights

On market 106 days

The market here

Listed now: 63 days; median for 1875 houses for sale; this one 106 days

Houses in Surrey. Sale prices register 1 to 3 months after a sale closes.

Monthly cost

$7,362/mo

Mortgage $6,971 · Tax $391

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment

$6,971/ monthly

loan $1,280,000

25-year amortization

down payment20% · $320,00020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 7, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $811,314
property transfer tax: $30,000; BC general rate
cash to close: $350,000; down + PTT
total paid: $2,091,314

Estimates only. Rates change daily and lenders qualify at the stress-test rate; first-time-buyer and newly-built PTT exemptions aren't applied. Talk to a mortgage broker before you offer.

Location

SurreyGoogle Maps ↗

Location

SurreyGoogle Maps ↗

Schools

Catchment schools, Surrey School District 36

Elementary Theresa Clarke Elementaryhomes in this catchment
Secondary Kwantlen Park Secondaryhomes in this catchment
1.2 km away · 10441 132 St, Surrey · 604-588-6934

From the Surrey School District 36's published catchment maps. A catchment gives priority, not a guaranteed seat, and French immersion and choice programs work differently. The district confirms catchment: check with its school locator.

Good to know

FloodplainNo
Not within a designated floodplain on the provincial floodplain maps. These maps are historical and don't cover every river or the coast.
Source: Province of BC, Mapped Floodplains in BC
Agricultural Land ReserveNo
Not inside the Agricultural Land Reserve on the provincial map.
Source: Agricultural Land Commission, ALR boundary
HeritageNo
Not on the BC Register of Historic Places or in a heritage conservation area.
Source: BC Heritage Branch, historic places and conservation areas