14038 114A Avenue

Surrey · MLS® R3127147

217

1,350 sq ft · 7,431 sq ft lot · House · Single Family · built 1956 · 158 days on market

listed by Babita Singh, RE/MAX Bozz Realty

realtor's description

A beautifully renovated rancher located in a quiet and family-friendly neighbourhood, close to Traditional School, parks, shopping, and other amenities, sitting on a large 7,449 sq.ft. lot. Features fresh interior paint and offers outstanding future development potential under the new zoning guidelines. Property has back lane access (currently inactive) with concept plans in initial stage by UDC Design for a 3-level side-by-side duplex with potential of 2-storey coach homes at the rear. An excellent opportunity for investors, builders, or families looking for both comfortable living and strong future potential.

property details

type: House, Single Family
bedrooms: 2
bathrooms: 1
living area: 1,350 sq ft
lot: 7,431 sq ft
parking: 7
year built: 1956
days on market: 158
MLS®: R3127147

features

Washer
Refrigerator
Dishwasher
Stove
Dryer

the market here

listed now: 68 days; median for 1880 houses for sale; this one 158 days

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

property tax by year

year	assessed	est. tax
2026	$1,160,500	$3,977

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

$4,135/mo

Mortgage $4,135

20% down at 4.34% fixed (Ratehub.ca), 25 years.

estimated payment

$4,135/ monthly

loan $759,200

25-year amortization

down payment20% · $189,80020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 28, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $481,211
property transfer tax: $16,980; BC general rate
cash to close: $206,780; down + PTT
total paid: $1,240,411

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.