For Sale: 12841 98 Avenue, Surrey, BC - REW
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$1,189,900
7 bd • 4 ba • 2425 sf • House
12841 98 Avenue
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$1,189,900
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12841 98th AvenueSurrey, BC, V2T 5J9

Cedar Hills
  • 7 Bed
  • 4 Bath
  • 2425 Sqft
  • House

About this home

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.
Listed by: Inder Bains, Gilco Real Estate Services

Home facts and features

Price details
List Price
$1,189,900
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Gross Taxes for 2025
$6,394
Home facts
Bedrooms
7
Full Bathrooms
4
Parking Spaces
8
Parking Details
Front Access, Additional Parking
Property Type
House
Lot Size
61 ft x 143 ft (8835 ft²)
Depth
143
Frontage
61
Year Built
Built in 1988 (38 yrs old)
Title
Freehold NonStrata
Style
Split Entry
Heating Type
Forced Air
Basement Details
Finished
Appliances
Dishwasher, Refrigerator, Stove, Washer & Dryer
Community
Agent details
Primary Agent
Primary Broker
Gilco Real Estate Services
Listing details
Days on REW
22 Days
Property Views
188
MLS® Number
R3124493
Source
GVR, FVREB, CADREB, BCNREB
Board
Fraser Valley Real Estate Board
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Mortgage Calculator

Estimated Payments
Purchase Price
Mortgage Total
Down Payment
Amortization
25 Years
Interest Rate
3.99%

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Ajay Bhanot

DLC A.I.M.I. Collective Mortgage Group

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The displayed rates are provided as guidance only, are not guaranteed, or are to be considered an approval of credit. Approval will be based solely on your personal situation. You are encouraged to speak with a Mortgage Professional for the most accurate information and to determine your eligibility.

Property Insights

A.H.P. Matthew Elementary School
  • Public
  • K - 7
  • In Catchment
Queen Elizabeth Secondary School
  • Public
  • 8 - 12
  • In Catchment
Khalsa School (Surrey)
  • Independent
  • K - 12
Our Lady of Good Counsel School
  • Independent
  • K - 7
Sikh Academy
  • Independent
  • K - 7
Immaculate Conception School
  • Independent
  • K - 7
Surrey Traditional School
  • Public
  • K - 7
Al-Hidayah School
  • Independent
  • K - 7
Ark Elementary School
  • Independent
  • K - 4
Purpose Independent Secondary School
  • Independent
  • 8 - 12
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Call Agent
Inder Bains
Phone:
604-655-0042
Cell:
604-655-0042
Office:
604-572-6050
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This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

By proceeding, you consent to receive communications using the methods provided, from REW.ca and our partners about your inquiry and other home-related matters to assist you in your search, but not as a condition of any purchase.