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$1,799,000

13439 56 AVENUE

Surrey · MLS® R3158146

8 bed · 5 bath · 5,099 sq ft · 28,531 sq ft lot · 10 parking

House · Single Family · built 1931 · 45 days on market

Listed by Ayyaz Shums, Royal LePage Global Force Realty

Realtor's description

Rare Panorama Ridge opportunity, Renovated 5,099 Sq Ft Rancher on over half acre lot ( 28,531 Sq Ft) featuring 8 Bedrooms 5 Bathrooms, includes Detached 2 Bedrooms Suite for Rental Income, over 10 Cars Parking Space, Ample Storage Areas, Cedar Sauna, can also make a personal Gym besides it.

Property details

Type: House, Single Family
Bedrooms: 8
Bathrooms: 5
Living area: 5,099 sq ft
Lot: 28,531 sq ft
Parking: 10
Year built: 1931
Property tax: $7,156 / yr
Days on market: 45
MLS®: R3158146

Features

Washer
Refrigerator
Dishwasher
Stove
Dryer
Garage door opener

Price check

Below typical for the area (-34%)

2026 assessment: $1,827,000 · asking is -1.5%
Price per sq ft: $353 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 45 days · no price changes so far

The market here

Listed now: 64 days; median for 1907 houses for sale; this one 45 days

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

Property tax by year

Year	Assessed	Est. tax
2026	$1,827,000	$6,262

The listing shows $7,156 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

$8,434/mo

Mortgage $7,838 · Tax $596

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

estimated payment

$7,838/ monthly

loan $1,439,200

25-year amortization

down payment20% · $359,80020%+ 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: $912,221
property transfer tax: $33,980; BC general rate
cash to close: $393,780; down + PTT
total paid: $2,351,421

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.

If you rented it out

Suite rent: $1,602/mo
Your cost after the suite: $7,136/mo; vs $8,609 without it

Suite rent / moDown payment %Rate %

Costs: mortgage $7,838 · tax $596 · insurance ~$175 · vacancy 3% · upkeep 5%.

Rent starts at CMHC's average for a 3+ bedroom (1-bedroom for the suite) in Surrey (CMHC Rental Market Survey, October 2025). Averages include long-time tenants, so new leases usually ask more; houses usually rent for more than apartments. 25-year mortgage; rental purchases need at least 20% down.

BC rules for landlords

Short-term rentals are limited to the host's principal residence in most communities. gov.bc.ca
Rent increases are capped once a year at the province's set amount. gov.bc.ca
The speculation and vacancy tax applies in many areas to homes not lived in or rented out. gov.bc.ca
Selling within two years of buying can trigger the BC home flipping tax. gov.bc.ca

Location

Lot outline: 2,654 m² (28,567 sq ft) · PID 026-931-923. 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 Colebrook Elementaryhomes in this catchment
1.8 km away · 5404 125a St, Surrey · 604-596-3221
Secondary Panorama Ridge Secondaryhomes in this catchment
1.5 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.

Development nearby

Rezoning
190 m away · 2025 · under review
Rezoning from Suburban Residential Zone (R1) to Quarter Acre Residential Zone (R2); Local Area Plan (LAP) Amendment to West Panorama Ridge from Suburban Residential (half acre) to Suburban Residential (quarter acre); Official Community Plan (OCP) Amendment to remove the site from the Suburban Density Exception Area; Development Variance Permit for setbacks; Subdivision from one (1) Suburban Reside

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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