12866 56 AVENUE

Surrey · MLS® R3111036

5 bed · 4 bath · 2,763 sq ft · 2 sq ft lot · 10 parking

House · Single Family · built 1970 · 176 days on market

Listed by Jaspreet Gill, LPT Realty ULC

Realtor's description

Rare 2.34-acre parcel in Panorama Ridge with subdivision potential! This duplex-style property includes an attached secondary suite. Services accessible from the front on 56 Avenue, with a future back lane planned for additional access. Please do not disturb tenants. A unique investment opportunity in a highly desirable area. Contact listing agent for more details and development potential. Must have permission from listing agent to walk the property.

Property details

Type: House, Single Family
Bedrooms: 5
Bathrooms: 4
Living area: 2,763 sq ft
Lot: 2 sq ft
Parking: 10
Year built: 1970
Property tax: $16,664 / yr
Days on market: 176
MLS®: R3111036

Price check

Price per sq ft: $2,171 vs $531 median for houses in Surrey for sale (1876)

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 176 days

The market here

Listed now: 63 days; median for 1876 houses for sale; this one 176 days

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

Monthly cost

$27,526/mo

Mortgage $26,137 · Tax $1,389

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

estimated payment

$26,137/ monthly

loan $4,799,200

25-year amortization

down payment20% · $1,199,80020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 7, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $3,041,920
property transfer tax: $217,950; BC general rate
cash to close: $1,417,750; down + PTT
total paid: $7,841,120

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 Colebrook Elementaryhomes in this catchment
700 m away · 5404 125a St, Surrey · 604-596-3221
Secondary Panorama Ridge Secondaryhomes in this catchment
1.8 km away · 13220 64 Ave, Surrey · 604-595-8890

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.