8956 151 STREET

Surrey · MLS® R3136217

10,128 sq ft lot

Land · Vacant Land · 115 days on market

Listed by Raymond Leung, RE/MAX City Realty

Realtor's description

Must See! Approx. 10,128 SqFt rectangle lot with 2 duplexes in Surrey Beer Creek Green Timber area. Month to Month tenant with approx. $4,000/month gross rent income. Land assemble with neighbours for 115,746 SqFt development site. Under Fleetwood NCP and 200m tier of 152nd Skytrain Station, potential for 5 FAR mixed-use high-rise development, directly facing the future 152 Street SkyTrain Station. Walking distance to Fleetwood Village plaza and Evergreen Mall. A rare opportunity for investors or developers who are looking for development land in the heart of Surrey. Don't hesitate, call now.

Property details

Type: Land, Vacant Land
Lot: 10,128 sq ft
Parking: 0
Property tax: $12,079 / yr
Days on market: 115
MLS®: R3136217

Property insights

On market 115 days

The market here

Listed now: 105 days; median for 208 homes for sale; this one 115 days

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

Monthly cost

$27,483/mo

Mortgage $26,476 · Tax $1,007

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

estimated payment

$26,476/ monthly

loan $4,861,440

25-year amortization

down payment20% · $1,215,36020%+ 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: $3,081,370
property transfer tax: $221,840; BC general rate
cash to close: $1,437,200; down + PTT
total paid: $7,942,810

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

Lot outline: 941 m² (10,129 sq ft) · PID 007-092-377. From ParcelMap BC; property lines are approximate, a survey is the legal boundary.

SurreyGoogle Maps ↗

Drive times

Surrey Christian Secondary2 min
Berkshire Park Elementary3 min
Surrey Memorial Hospital8 min
Simon Fraser University Surrey Campus10 min
YVR airport37 min
Downtown Vancouver39 min

Walkability 86/100 · Very walkable: most errands on foot

Within a 10 minute walk: 4 grocery stores, 14 places to eat or drink, 2 cafes, 8 parks and playgrounds, 2 pharmacies, 21 transit stops.

mihom score from OpenStreetMap places, by straight line distance.

Location

SurreyGoogle Maps ↗

Schools

Catchment schools, Surrey School District 36

Elementary Green Timbers Elementaryhomes in this catchment
1.4 km away · 8824 144 St, Surrey · 604-588-5961
Secondary Enver Creek Secondaryhomes in this catchment
1.6 km away · 14505 84 Ave, Surrey · 604-543-8149

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 for a 48 storey, 589 unit building
290 m away · 2023 · under review
Rezoning from Urban Residential Zone (R3) to Comprehensive Development Zone (CD) (based on Multiple Residential 135 Zone RM-135) Community Commercial Zone (C-8); Subdivision (Consolidation) from five (5) lots into one (1) lot; Official Community Plan (OCP) Amendment from Urban to Multiple Residential and to allow a higher density in the Multiple Residential designation; Town Centre Plan (TCP) Amen
Rezoning for a 22 storey, 172 unit building
340 m away · 2023 · under review
Official Community Plan amendment from Urban to Multiple Residential Neighbourhood Concept Plan amendment to increase density Rezone from RF to CD (based on RM-135) General Development Permit for Form Character and consolidation of four lots into one lot to allow for a 22 storey tower with 172 residential units.
Rezoning for 60 homes
70 m away · 2017 · under review
Rezoning from C-8 to CD (based on RM-70) OCP Amendment from Urban to Multi-Residential and a Development Permit to allow for the construction of two (2) apartment buildings (65 60 units)
Rezoning
110 m away · 2025 · concluded
Rezoning from Community Commercial Zone (C-8) to Comprehensive Development Zone (CD) (based on Community Commercial Zone (C-8); Liquor and Cannabis Regulation Branch Recommendation to permit a cannabis retail store in an existing commercial retail unit.
Rezoning
260 m away · 2026 · under review
Rezoning for Comprehensive Development (CD) BL14178 zone to CD (Based on CG-2); Form Character Development Permit to permit a 242 sq. m convenience store proposed self service gas station and retain existing carwash.

And 1 smaller application nearby.

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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