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$1,225,000

9714 131 STREET

Surrey · MLS® R3161811

5 bed · 3 bath · 2,300 sq ft · 7,539 sq ft lot · 8 parking

House · Single Family · built 1962 · 29 days on market

Listed by Sonny Bhinder, eXp Realty of Canada Inc.

Investment property for sale in Surrey - 7,500+ sq ft lot with 60 ft frontage and back lane access, ideal for redevelopment. Comes with building plans for a full 3-level duplex with 2-level garden suites, offering approx. 3,400 sq ft per side including garden suite. Existing home features a 3-bedroom main residence plus a 2-bedroom suite, perfect to live in or generate rental income while planning your build. Neighboring property at 9704 131 St (MLS# R3161816) is also available with similar duplex and garden suite plans-buy one or assemble both for a larger development opportunity. Located in a growing Surrey neighborhood close to schools, transit, and amenities. A strong opportunity for builders, investors, or end users looking for future upside.

Type: House, Single Family
Bedrooms: 5
Bathrooms: 3
Living area: 2,300 sq ft
Lot: 7,539 sq ft
Parking: 8
Year built: 1962
Property tax: $5,257 / yr
Days on market: 29
MLS®: R3161811

Typical for the area (+0.4%)

2026 assessment: $1,272,800 · asking is -3.8%
Price per sq ft: $533 vs $531 median for houses in Surrey for sale (1883)
Last sold: $1,380,000 · May 7, 2023

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.

On market 29 days

Listed now: 63 days; median for 1883 houses for sale; this one 29 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 Maps can be out of date or miss a lot line; confirm with the municipality.

Catchment schools, Surrey School District 36

Elementary A.H.P. Matthew Elementaryhomes in this catchment
Secondary Queen Elizabeth Secondaryhomes in this catchment

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.

$5,775/mo

Mortgage $5,337 · Tax $438

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

estimated payment

$5,337/ monthly

loan $980,000

25-year amortization

down payment20% · $245,00020%+ 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: $621,162
property transfer tax: $22,500; BC general rate
cash to close: $267,500; down + PTT
total paid: $1,601,162

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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