12343 OLD YALE ROAD

Surrey · MLS® R3150847

3 bed · 2 bath · 1,452 sq ft · 6,494 sq ft lot · 15 parking

House · Single Family · built 1928 · 71 days on market

Listed by Karm Tatla, YPA Your Property Agent

Realtor's description

Great Investment Property for Business Owners/Mechanics/Investors. Currently Rented for $5000/Month. You can Work from Home with a Detached 1300Sqft Workshop/garage with Hoist and Live in the House. House offers 3 Bed 2 Baths that needs TLC. 2 BED, 1 Bath & Full Kitchen in the Front and 1 Bed, 1 Bath and Full Kitchen in the Back. Centrally Located in Surrey's Industrial Hub with Close Proximity to all the Parts Stores, Hwy 17, Scott Road Skytrain Station, Transit and Much More. Almost 6500sqft IL-1 Zoned Lot offering a range of possibilities. Contact for more INFO.

Property details

Type: House, Single Family
Bedrooms: 3
Bathrooms: 2
Living area: 1,452 sq ft
Lot: 6,494 sq ft
Parking: 15
Year built: 1928
Property tax: $6,898 / yr
Days on market: 71
MLS®: R3150847

Price check

2026 assessment: $979,500 · asking is +28%
Price per sq ft: $861 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 71 days · no price changes so far

The market here

Listed now: 64 days; median for 1902 houses for sale; this one 71 days

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

Property tax by year

Year	Assessed	Est. tax
2026	$979,500	$3,357

The listing shows $6,898 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

$6,021/mo

Mortgage $5,446 · Tax $575

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

estimated payment

$5,446/ monthly

loan $999,999

25-year amortization

down payment20% · $250,00020%+ 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: $633,839
property transfer tax: $23,000; BC general rate
cash to close: $273,000; down + PTT
total paid: $1,633,838

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: 603 m² (6,491 sq ft) · PID 012-749-699. 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 Bridgeview Elementaryhomes in this catchment
1.8 km away · 12834 115a Ave, Surrey · 604-580-1047
Secondary Kwantlen Park Secondaryhomes in this catchment
1.8 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
320 m away · 2023 · conditionally approved
Rezoning from Business Park Zone (IB) to Comprehensive Development Zone (CD) (based on Business Park Zone (IB); Subdivision (Consolidation) from four (4) lots into one (1) lot; Official Community Plan (OCP) Amendment to allow for high density of 1.22 FAR within the Mixed Employment designation; Development Permit to allow the development of a multi-storey industrial building within Hazard Lands (F

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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