Investors, builders, and first-time home buyers, this is a great opportunity to own an 8,835 sq ft lot in a prime Surrey location with strong development potential for a 4-plex or 6-plex (buyer to verify with the City of Surrey). The existing home is well kept and offers good rental income, with 3 bedrooms and 2 bathrooms upstairs, plus (3+1)-bedroom suites and an extra room downstairs that can be used as an office or additional rental space. The property is in a convenient area close to schools, shopping, and public transportation, making it attractive for tenants. With potential good rental income, this is a solid option for investors looking for both current income and future redevelopment potential. Call today to book a showing.
White siding residence with a dark shingle roof and a separate detached garage structure
Paved driveway extending to a gravel parking area
Single-story residence featuring a gray shingle roof and white siding
Image quality insufficient for description
Image quality insufficient for description
Bathroom featuring a vanity with a drop-in sink, a wall-mounted mirror, a toilet, and a glass-enclosed shower
Dedicated laundry area featuring a white stacked washer and dryer unit, a window with horizontal blinds, and light blue wall paint
Image quality insufficient for description
Expansive grassy backyard featuring a mature evergreen tree and a privacy fence
Expansive lot featuring mature perimeter trees, a sloped grade, and a visible concrete pathway
Expansive undeveloped lot featuring natural grass and wildflowers
Expansive lot featuring mature evergreen trees and a wood fence
Expansive undeveloped lot featuring mature perimeter trees, a wood privacy fence, and a clear expanse ready for development
Image quality insufficient for description
Light blue painted walls with white trim, two windows with white blinds, and a white ceiling
Interior room featuring light blue walls, white trim, and a ceiling-mounted light fixture
Entryway featuring light blue walls, white trim, recessed overhead lighting, and a window with horizontal blinds
Kitchen area featuring wood cabinetry, white tile backsplash, a built-in dishwasher, and a flat-top cooking surface
Kitchen featuring wood cabinetry, a stainless steel range, and a stainless steel refrigerator
Interior room with light gray walls, a textured white ceiling, and a ceiling-mounted light fixture
Light blue painted walls with white baseboards and a ceiling-mounted light fixture
Bedroom with light gray walls and wood-finish flooring
Kitchen featuring wood-finish flooring, white cabinetry, solid surface countertops, and a black tile backsplash
Kitchen featuring white cabinetry, wood-finish flooring, a stainless steel range, and a window overlooking exterior landscaping
Finished room featuring wood-finish flooring, two windows with blinds, a ceiling-mounted light fixture, and a built-in overhead beam
Bathroom featuring a built-in vanity with an oval sink, a wall-mounted mirror, overhead lighting, and a bathtub with a sliding glass enclosure
Room featuring light blue walls, wood-finish flooring, white baseboards, and a flush-mount ceiling light
Dedicated laundry area featuring a stackable washer and dryer unit, a paneled door with brushed nickel hardware, a ceiling-mounted light fixture, and light-colored floor tiling
Expansive undeveloped lot presenting a significant land opportunity
Expansive open lot featuring natural grasses and wildflowers
Data was last updated May 6, 2026 at 11:35 PM (UTC)
Area Statistics
Listings on market:
77
Avg list price:
$1,399,000
Min list price:
$350,000
Max list price:
$3,599,000
Avg days on market:
54
Min days on market:
5
Max days on market:
618
Avg price per sq.ft.:
$516.81
These statistics are generated based on the current listing's property type
and located in
Cedar Hills. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.