$2,980,000

5587 KING GEORGE BOULEVARD

Surrey · MLS® R3169757

3 bed · 2 bath · 3,466 sq ft · 40,641 sq ft lot · 10 parking

House · Single Family · built 1969 · 11 days on market

Listed by Sergey Avramenko, Luxmore Realty

Nearly 1 acre in desirable Panorama Ridge, with redevelopment potential in a Frequent Bus Stop Area. Stormwater access is nearby, sewer connection is available on Trites Road, and future subdivision may offer panoramic water views. The value is in the land. Buyers to confirm development potential with the City of Surrey. To be sold with adjacent 5567 and 5577 King George Boulevard, creating an approximately 1.9-acre assembly.

Type: House, Single Family
Bedrooms: 3
Bathrooms: 2
Living area: 3,466 sq ft
Lot: 40,641 sq ft
Parking: 10
Year built: 1969
Property tax: $7,451 / yr
Days on market: 11
MLS®: R3169757

2026 assessment: $1,913,000 · asking is +56%
Price per sq ft: $860 vs $531 median for houses in Surrey for sale (1882)

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.

Washer
Refrigerator
Dishwasher
Stove
Dryer

On market 11 days

$13,605/mo

Mortgage $12,984 · Tax $621

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

estimated payment

$12,984/ monthly

loan $2,384,000

25-year amortization

down payment20% · $596,00020%+ 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: $1,511,072
property transfer tax: $67,400; BC general rate
cash to close: $663,400; down + PTT
total paid: $3,895,072

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.

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

SurreyGoogle Maps ↗