RESIDER
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12841 98 Avenue

North Surrey, Cedar Hills, BC V2T 5J9

7 bed

4 bath

2,425 sqft

Single Family Residence

Built in 1988

8,835 sqft lot

8 parking

Freehold NonStrata

R3 zone

Public remarks

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.

12841 98 Avenue Virtual Tour

12841 98 Avenue Details

Contract

Status
Active
MLS® Number
R3124493
List Price
$1,189,900
List Date
05/15/2026
Expires
09/15/2026
Buyer Agency Compensation
3.22% ON THE FIRST $100,000 + 1.15% OF THE BALANCE

Site

Lot Size
8,835 sqft
Lot Size
0.2 acres
Frontage
61
Ownership
Freehold NonStrata
Zoning
R3
Parcel Number
010153870
Annual Taxes
$6,394
Tax Year
2025

Building

Year Built
1988
Construction Materials
Frame Wood, Mixed (Exterior)
Foundation
Concrete Perimeter
Roof
Asphalt
Architectural Style
Split Entry
Property Type
Single Family Residence
Levels
Split Entry

Exterior

Parking
8 spaces
Fencing
Fenced

Interior

Bedrooms
7
Bathrooms
4
Living Area
2,425 sqft
Total Rooms
15
Heating
Forced Air
Appliances
Washer/Dryer, Dishwasher, Refrigerator, Stove
Basement
Finished

12841 98 Avenue History

Address MLS® Changed List date Status List price Close price List agent List office
12841 98 Avenue R3124493 07/16/2026 09:04 AM 05/15/2026 Active $1,189,900 Login to view Inder Bains Gilco Real Estate Services
12841 98 Avenue R3119661 05/15/2026 01:03 PM 05/05/2026 Terminated $1,249,953 Login to view N/A Gilco Real Estate Services
12841 98 Ave Avenue R3085800 04/29/2026 01:22 AM 02/03/2026 Terminated $1,199,000 Login to view N/A Nationwide Realty Corp.
12841 98 Avenue R3069269 02/01/2026 12:47 AM 11/24/2025 Terminated $1,199,000 Login to view N/A Century 21 Coastal Realty Ltd.
12841 98 Avenue R3046276 11/20/2025 11:12 AM 09/10/2025 Terminated $1,399,000 Login to view N/A Century 21 Coastal Realty Ltd.
12841 98 Avenue R3009598 09/03/2025 10:23 AM 06/02/2025 Terminated $1,479,000 Login to view N/A Nationwide Realty Corp.

Frequently asked questions for 12841 98 AVENUE, Surrey BC V2T 5J9