1 / 16

$1,499,000

12704 107A AVENUE

Surrey · MLS® R3169528

5 bed · 3 bath · 3,404 sq ft · 14,689 sq ft lot · 12 parking

House · Single Family · built 1969 · 14 days on market

Listed by Karamjit Singh, Planet Group Realty Inc.

Realtor's description

Excellent redevelopment opportunity! This property comes with an existing 2-storey home featuring 5 bedrooms, 3 bathrooms, and a finished basement. A PLA has already been issued for two lots, offering a clear path toward future subdivision. The property includes two good-sized future lots along with the existing 2-storey house. Longer closing date options are available to accommodate your planning and development timeline. Under SSMUH (Small-Scale Multi-Unit Housing) regulations, the property also offers potential for future higher-density redevelopment, subject to applicable zoning, approvals, and municipal requirements. A great opportunity for investors, builders, and developers looking for both immediate value and long-term redevelopment potential.

Property details

Type: House, Single Family
Bedrooms: 5
Bathrooms: 3
Living area: 3,404 sq ft
Lot: 14,689 sq ft
Parking: 12
Year built: 1969
Property tax: $6,950 / yr
Days on market: 14
MLS®: R3169528

Price check

Below typical for the area (-17%)

2026 assessment: $1,456,000 · asking is +3.0%
Price per sq ft: $440 vs $532 median for houses in Surrey for sale (1854)

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 14 days · no price changes so far

The market here

Listed now: 64 days; median for 1908 houses for sale; this one 14 days

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

Property tax by year

Year	Assessed	Est. tax
2026	$1,456,000	$4,990

The listing shows $6,950 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

$7,110/mo

Mortgage $6,531 · Tax $579

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

estimated payment

$6,531/ monthly

loan $1,199,200

25-year amortization

down payment20% · $299,80020%+ 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: $760,100
property transfer tax: $27,980; BC general rate
cash to close: $327,780; down + PTT
total paid: $1,959,300

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: 1,365 m² (14,693 sq ft) · PID 010-430-105. 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 Prince Charles Elementaryhomes in this catchment
1.6 km away · 12405 100 Ave, Surrey · 604-588-5481
Secondary L.A. Matheson Secondaryhomes in this catchment
2.7 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.

Keep private notes and ratings on homes you're considering. Sign in (email only) and they follow you to every device.