$2,998,000

12248 97 AVENUE

Surrey BC V3V 2C9 - Cedar Hills
4 bd
2 ba
1,736 sqft
Built 1948

About This Property

Investor Alert! 21,000 Sq ft ft Cedar Hill Surrey lot offering strong redevelopment potential, possible subdivision for four duplexes, ideal for builders seeking future growth, rent income, and capital appreciation opportunity.

Features

Balcony
Detached
Room measurements12 rooms
Living RoomMain · 11'0 × 23'2
KitchenMain · 11'11 × 11'6
Recreation RoomMain · 9'0 × 11'6
BedroomMain · 11'5 × 13'1
PatioMain · 8'8 × 22'0
BedroomMain · 11'8 × 15'6
Living RoomBelow · 14'0 × 15'0
BedroomBelow · 9'7 × 13'0
BedroomBelow · 11'0 × 15'0
KitchenBelow · 5'6 × 10'0
Recreation RoomBelow · 11'4 × 18'6
StorageBelow · 3'11 × 18'6

Property Details

MLS NumberR3110547
Property TypeSingle Family Residence
Bedrooms4
Bathrooms2
Square Feet1,736
Lot Size21,145 sqft
Year Built1948
HeatingForced Air, Natural Gas
Days on Market147
StatusActive
Listed BySutton Group-West Coast Realty

School Catchment

Elementary Cedar Hills
Secondary L.A. Matheson

Neighbourhood

Highlighted area = this home's census tract (StatCan), the boundary the neighbourhood stats describe.
$1,200,000Median home value
$97,000Median household income
61.2%Owner-occupied
31.8%Single-detached homes
3.4Avg household size
35.6Median age
24.7%Bachelor's degree or higher (25-64)
44.1%Commute under 30 min
76.4%Drive to work
43.3%Foreign-born residents
7,954Neighbourhood population

Age

Under 15: 14.3%15 to 64: 72.6%65 and over: 13.1%
  • Under 1514.3%
  • 15 to 6472.6%
  • 65 and over13.1%

Household size

  • 1 person17.1%
  • 223.2%
  • 317.9%
  • 418.1%
  • 5 or more23.8%

Language spoken at home

38.6% Punjabi mother tongue

  • English34.8%
  • English + other5.8%
  • Hindi5.4%
  • Tagalog2.2%
  • Spanish2%
  • Urdu0.9%
  • All others10.3%

Mother tongue, share of 7,935 residents.

How this pocket differs

  • notably more 5+ person households than North Surrey 23.8% vs 14.7%
  • fewer people living alone than North Surrey 17.1% vs 25%
  • more 4-person households than North Surrey 18.1% vs 15%
  • notably more Punjabi speakers than North Surrey 38.6% vs 12.4%
  • notably more Hindi speakers than North Surrey 5.4% vs 2.6%

Source: Statistics Canada, Census of Population, 2021. Reproduced and distributed on an "as is" basis with the permission of Statistics Canada.

Thinking of selling in Cedar Hills?

See what your home could be worth and how the local market is moving.

Monthly Cost Calculator

Estimated monthly cost $15,300
Mortgage payment$13,827
Property tax$1,173
Home insurance$300
Partner Rates Available Contact us for preferred mortgage rates

An estimate only. Canadian semi-annual compounding; excludes utilities, closing costs and BC property transfer tax. 5-year fixed, as of Sep 3

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