12679 97A AVENUE

Surrey · MLS® R3093734

8 bed · 3 bath · 3,159 sq ft · 7,205 sq ft lot · 6 parking

House · Single Family · built 1958 · 226 days on market

Listed by Mike Moor, Century 21 Coastal Realty Ltd.

Realtor's description

This home features 8 bedrooms and 3 bathrooms and has been well maintained. Inside, you'll discover a spacious living area, a fully enclosed kitchen overlooking the dining room and 3 sizable bedrooms. Outside, delight in the fenced backyard, ideal for children and hosting gatherings. This property offers an attractive opportunity for investors as the entire property is tenanted for $4,900 a month. If you are looking to occupy the above, the two 2-bedroom rental suites are generating a combined income of $2,500 monthly. Former grow-op, underwent remediation in 2009.Conveniently located near schools, shopping centre's, parks, walking distance to transit and has a back lane access. Great property to build a six-plex or duplex with a laneway home.

Property details

Type: House, Single Family
Bedrooms: 8
Bathrooms: 3
Living area: 3,159 sq ft
Lot: 7,205 sq ft
Parking: 6
Year built: 1958
Property tax: $6,182 / yr
Days on market: 226
MLS®: R3093734

Features

Washer
Refrigerator
Dishwasher
Stove
Dryer

Price check

Below typical for the area (-14%)

2026 assessment: $1,267,000 · asking is +14%
Price per sq ft: $459 vs $532 median for houses in Surrey for sale (1849)
Last sold: $1,300,000 · Jan 31, 2024

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 226 days · no price changes so far

The market here

Listed now: 64 days; median for 1905 houses for sale; this one 226 days

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

Property tax by year

Year	Assessed	Est. tax
2026	$1,267,000	$4,342

The listing shows $6,182 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

$6,828/mo

Mortgage $6,313 · Tax $515

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

estimated payment

$6,313/ monthly

loan $1,159,200

25-year amortization

down payment20% · $289,80020%+ 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: $734,746
property transfer tax: $26,980; BC general rate
cash to close: $316,780; down + PTT
total paid: $1,893,946

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: 669 m² (7,201 sq ft) · PID 010-386-548. 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 Cedar Hills Elementaryhomes in this catchment
600 m away · 12370 98 Ave, Surrey · 604-581-0407
Secondary L.A. Matheson Secondaryhomes in this catchment
1.1 km 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.

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