$1,145,000

11831 96 AVENUE

Surrey · MLS® R3159057

6 bed · 3 bath · 2,231 sq ft · 8,595 sq ft lot · 5 parking

House · Single Family · built 1944 · 43 days on market

Listed by Sukhvir Grewal, Royal LePage Global Force Realty

Realtor's description

BUILDER & INVESTOR ALERT! ?? Rare 8,550 sq ft flat lot in Royal Heights optimized for up to a 6-unit multiplex under BC's SSMUH bylaws Property is within the Frequent Bus Stop Area.. The existing 6-bed, 3-bath home provides excellent holding income while you secure building plans. Prime location just 300m from Royal Heights Elementary and steps to frequent transit corridors. Secure your next high-ROI project today!

Property details

Type: House, Single Family
Bedrooms: 6
Bathrooms: 3
Living area: 2,231 sq ft
Lot: 8,595 sq ft
Parking: 5
Year built: 1944
Property tax: $6,072 / yr
Days on market: 43
MLS®: R3159057

Features

Washer
Refrigerator
Dishwasher
Stove
Dryer

Price check

Typical for the area (-3.5%)

2026 assessment: $1,199,800 · asking is -4.6%
Price per sq ft: $513 vs $532 median for houses in Surrey for sale (1849)

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 43 days · no price changes so far

The market here

Listed now: 64 days; median for 1902 houses for sale; this one 43 days

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

Property tax by year

Year	Assessed	Est. tax
2026	$1,199,800	$4,112

The listing shows $6,072 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

$5,495/mo

Mortgage $4,989 · Tax $506

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

estimated payment

$4,989/ monthly

loan $916,000

25-year amortization

down payment20% · $229,00020%+ 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: $580,597
property transfer tax: $20,900; BC general rate
cash to close: $249,900; down + PTT
total paid: $1,496,597

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

Lot outline: 798 m² (8,590 sq ft) · PID 003-765-750. From ParcelMap BC; property lines are approximate, a survey is the legal boundary.

SurreyGoogle Maps ↗

Location

SurreyGoogle Maps ↗

Schools

Catchment schools, Surrey School District 36

Elementary Royal Heights Elementaryhomes in this catchment
400 m away · 11665 97 Ave, Surrey · 604-581-7622
Secondary L.A. Matheson Secondaryhomes in this catchment
800 m away · 9484 122 St, Surrey · 604-588-3418

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 6 storey building
320 m away · 2021 · under review
OCP Amendment from Urban to Multiple Residential; OCP Text Amendment to allow a higher density in the Multiple Residential designation; Rezoning from CG-2 RF to CD (based on RM-70); Development Permit to permit the development of a 6-storey residential building including three live-work townhouse units fronting 120 Street.
Rezoning for a 4 storey building
390 m away · 2024 · conditionally approved
Rezoning from Self-Service Gasoline Station Zone (CG-1) to Town Centre Commercial Zone (C-15); Development Variance Permit to increase the building height of the C-15 Zone from 14 metres to 19 metres; Development Permit to permit the development of a 4-storey commercial building with ground-level commercial office uses and a childcare centre.

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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