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$1,549,000

10992 132A STREET

Surrey · MLS® R3121363

4 bed · 2 bath · 1,950 sq ft · 18,108 sq ft lot · 5 parking

House · Single Family · built 1969 · 154 days on market

Listed by Sharnell Jaggard, Oakwyn Realty Encore

Realtor's description

Calling all investors and builders! 18108 sq ft of prime real estate in sought after City Center. Many sold out developments nearby. Designated as multi family in the Official Community Plan (OCP). 4 bedrooms and 2 baths over 1900 sq ft on two levels. Upgrades include fresh paint upstairs, new carpet, air conditioning and stainless steel appliances ,steel roof, doors, full reno downstairs and added new garage door. Extra large lot perfect for redevelopment. 5 mins walking distance to Skytrain, Recreation center, library, City Hall, and Simon Fraser University, VCC, Kwantlen University, T&T supermarket and Wal-Mart supercenter.

Property details

Type: House, Single Family
Bedrooms: 4
Bathrooms: 2
Living area: 1,950 sq ft
Lot: 18,108 sq ft
Parking: 5
Year built: 1969
Property tax: $7,181 / yr
Days on market: 154
MLS®: R3121363

Features

Washer
Refrigerator
Dishwasher
Stove
Dryer
Alarm System

Price check

2026 assessment: $1,559,500 · asking is -0.7%
Price per sq ft: $794 vs $532 median for houses in Surrey for sale (1848)

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 154 days · no price changes so far

The market here

Listed now: 64 days; median for 1903 houses for sale; this one 154 days

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

Property tax by year

Year	Assessed	Est. tax
2026	$1,559,500	$5,345

The listing shows $7,181 a year in property tax.

Estimate: the BC Assessment value times Surrey's residential tax rate for that year (Province of BC, local government statistics). Leaves out the home owner grant, parcel taxes and utility charges; the city's tax notice is the real figure.

Monthly cost

$7,347/mo

Mortgage $6,749 · Tax $598

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

estimated payment

$6,749/ monthly

loan $1,239,200

25-year amortization

down payment20% · $309,80020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 9, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $785,453
property transfer tax: $28,980; BC general rate
cash to close: $338,780; down + PTT
total paid: $2,024,653

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
1.1 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.

Development nearby

Rezoning for a 37 storey, 967 unit building
360 m away · 2023 · conditionally approved
OCP Amendment from Multiple Residential to Downtown 3.5 FAR. City Centre Plan Amendment of a portion from Low to Mid Rise Residential to Mid to High Residential and Mid to High Rise Mixed Use. Rezoning from CHI to CD. Development Permits for Form and Character Sensitive Ecosystems and Hazard Lands. Development Variance Permit for reduced streamside setbacks to allow for a phased development consis
Rezoning for a 7 storey, 736 unit building
400 m away · 2026 · under review
Rezoning from CD BL10464 to CD (based on Multiple Residential 135 Zone (RM-135) and Community Commercial Zone (C-8)); Official Community Plan (OCP) Text Amendment from 5.5 to 7.5 FAR; City Centre Plan (CCP) amendment from High Rise Mixed Use - Type I (5.5) to High Rise Mixed Use - Type II (7.5); Consolidation from two (2) lots to one (1) lot; Development Permit for Form Character to permit forty-s
Rezoning for 500 homes
320 m away · 2019 · under review
Rezoning from CD B/L 10464 and RF to CD(based on ?); Development Permit to permit the construction of approximately 500 residential units and 1580m2 of office space within one mid rise and one high rise building and Subdivision to create 2 separate development sites.
Rezoning for a 8 storey building
370 m away · 2024 · conditionally approved
Rezoning from from Urban Residential Zone (R3) and Comprehensive Development Zone (CD) to Low-Rise (5-8 Storey) Apartment Zone (MR7); Subdivision (Consolidation) from two (2) lots into one (1) lot; Development Variance Permit; Housing Agreement; and Development Permit in order to develop a 6 storey 84-unit apartment building including 6 rental replacement dwelling units
Rezoning
340 m away · 2026 · concluded
Rezoning from Comprehensive Development Zone (CD Bylaw No. 19875) to Urban Residential Zone (R3) for the release of previously paid engineering securities under the original development application (No. 7918-0319-00)

Applications filed with the city, active or decided in the last 3 years, measured from the listing's map pin. An application isn't an approval; the city's page has the current details. Source: City of Surrey development applications.

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