9253 137A STREET

Surrey · MLS® R3136528

3 bed · 1 bath · 1,898 sq ft · 7,198 sq ft lot · 1 parking

House · Single Family · built 1958 · 112 days on market

Listed by Danny Evans, Royal LePage - Wolstencroft

Development Opportunity! Prime central location with excellent potential for a future 4-plex or 6-plex (subject to City approvals). Situated on a spacious lot, this property is ideally located just minutes from Surrey Memorial Hospital, schools, parks, shopping, SkyTrain, and major commuter routes. The existing 3-bedroom, 1-bathroom home offers holding income while you plan your next project. A fantastic opportunity for builders, investors, and developers looking to capitalize on Surrey's evolving housing policies and strong demand for multi-family housing. Property is being sold primarily for land value. Buyers to verify all development potential with the City of Surrey. All offers to remain open for a minimum of 48 hours from delivery.

Type: House, Single Family
Bedrooms: 3
Bathrooms: 1
Living area: 1,898 sq ft
Lot: 7,198 sq ft
Parking: 1
Year built: 1958
Property tax: $5,185 / yr
Days on market: 112
MLS®: R3136528

Above typical for the area (+19%)

2026 assessment: $1,265,400 · asking is -5.3%
Price per sq ft: $632 vs $531 median for houses in Surrey for sale (1883)

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 112 days

Listed now: 63 days; median for 1883 houses for sale; this one 112 days

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

FloodplainNo
Not within a designated floodplain on the provincial floodplain maps. These maps are historical and don't cover every river or the coast.
Source: Province of BC, Mapped Floodplains in BC
Agricultural Land ReserveNo
Not inside the Agricultural Land Reserve on the provincial map.
Source: Agricultural Land Commission, ALR boundary
HeritageNo
Not on the BC Register of Historic Places or in a heritage conservation area.
Source: BC Heritage Branch, historic places and conservation areas

From public government maps, matched to the listing's map pin. Maps can be out of date or miss a lot line; confirm with the municipality.

$5,654/mo

Mortgage $5,222 · Tax $432

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

estimated payment

$5,222/ monthly

loan $958,880

25-year amortization

down payment20% · $239,72020%+ 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: $607,776
property transfer tax: $21,972; BC general rate
cash to close: $261,692; down + PTT
total paid: $1,566,656

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.

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