13851 115 Avenue

Surrey · MLS® C8083199

81,022 sq ft lot · Land · Vacant Land · 1 day on market

listed by Dylan Sohi, Colliers

realtor's description

COURT ORDERED SALE. 13851 115 Avenue, Surrey, BC - A 1.86 acre property with a single family home in place approved at 3rd reading for a 6-lot residential subdivision with PLA in place. Colliers presents a rare development opportunity to purchase a boutique development property with favourable zoning that supports low-risk, single family residential development. The property offers flexibility for a range of housing forms, including single-family or small-scale multi-unit residential options. Set in a highly desirable, park-like environment, the site backs onto a greenway along the north side, providing natural views and enhanced livability. An excellent opportunity for builders and investors seeking a well-located site with strong development fundamentals and long-term value.

property details

type: Land, Vacant Land
lot: 81,022 sq ft
parking: 0
property tax: $16,843 / yr
days on market: 1
MLS®: C8083199

the market here

listed now: 122 days; median for 175 homes for sale; this one 1 day

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

property tax by year

year	assessed	est. tax
2026	$4,032,200	$13,820

The listing shows $16,843 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

$16,367/mo

Mortgage $14,964 · Tax $1,404

20% down at 4.44% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment

$14,964/ monthly

loan $2,720,000

25-year amortization

down payment20% · $680,00020%+ down: no mortgage insuranceinterest rate4.44%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 30, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $1,769,161
property transfer tax: $88,000; BC general rate
cash to close: $768,000; down + PTT
total paid: $4,489,161

first-time buyernewly builtforeign national

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer. Transfer tax: 1% to $200k, 2% to $2M, 3% to $3M, 5% above. First-time buyers pay nothing on the first $500k for homes up to $835k (phasing out by $860k); newly built homes are exempt up to $1.1M (phasing out by $1.15M). Both need Canadian citizenship or permanent residence and other conditions; the 20% foreign buyer tax applies in Metro Vancouver, the Fraser Valley, the Capital Region, Central Okanagan and Nanaimo.

location

SurreyGoogle Maps ↗

Rapid transit: Gateway SkyTrain station, 1.7 km (about 26 min walk).

schools

Catchment schools, Surrey School District 36

Elementary James Ardiel Elementaryhomes in this catchment
600 m away · 13751 112 Ave, Surrey · 604-588-3021
Secondary Kwantlen Park Secondaryhomes in this catchment
2.5 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
70 m away · 2026 · under review
Rezoning from R3 (Urban Residential Zone) to R4 (Small Lot Residential Zone); Subdivision from one (1) lot to two (2) lots.
Rezoning
240 m away · 2013 · under review
Rezoning from RA to RF; subdivision from 1 lot into 5 residential lots and one park lot; DVP for lot 2 for front and rear yard setback reduction.

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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