12841 98 Avenue
North Surrey, Cedar Hills, BC V2T 5J9
7 bed
4 bath
2,425 sqft
House
Built in 1988
8,835 sqft lot
8 parking
Freehold NonStrata
R3 zone
Description
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.
Virtual tour for 12841 98 Avenue
Details for 12841 98 Avenue
Contract
- Status
- Active
- MLS® Number
- R3124493
- List Price
- $1,189,900
- List Date
- 05/15/2026
- Expires
- 09/15/2026
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
- Legal Description
- PARCEL 1, LOT 8, BLOCK 5N, PLAN NWP15824, SECTION 33, RANGE 2W, NEW WESTMINSTER LAND DISTRICT, (REF PL 15202) OF PCL B
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
History for 12841 98 Avenue
| Status | Change | List price | Close price | DOM | Changed | MLS® | List agent | List office |
|---|---|---|---|---|---|---|---|---|
| Active | First Recorded Entry | $1,189,900 | Login to view | 72 | 05/16/2026 01:40 PM | R3124493 | Inder Bains | Gilco Real Estate Services |
| Terminated | Status | $1,249,953 | Login to view | 10 | 05/15/2026 01:03 PM | R3119661 | — | Gilco Real Estate Services |
| Active | First Recorded Entry | $1,249,953 | Login to view | — | 05/06/2026 10:25 AM | R3119661 | — | Gilco Real Estate Services |
| Terminated | Status | $1,199,000 | Login to view | 27 | 04/29/2026 01:22 AM | R3085800 | — | Nationwide Realty Corp. |
| Active | First Recorded Entry | $1,199,000 | Login to view | — | 02/03/2026 11:15 AM | R3085800 | — | Nationwide Realty Corp. |
| Terminated | Status | $1,199,000 | Login to view | 14 | 02/01/2026 12:47 AM | R3069269 | — | Century 21 Coastal Realty Ltd. |
| Active | First Recorded Entry | $1,199,000 | Login to view | — | 11/24/2025 08:16 AM | R3069269 | — | Century 21 Coastal Realty Ltd. |
| Terminated | Status | $1,399,000 | Login to view | 71 | 11/20/2025 11:12 AM | R3046276 | — | Century 21 Coastal Realty Ltd. |
| Active | First Recorded Entry | $1,399,000 | Login to view | — | 09/11/2025 09:54 AM | R3046276 | — | Century 21 Coastal Realty Ltd. |
| Terminated | List Price | $1,479,000 | Login to view | — | 09/03/2025 10:23 AM | R3009598 | — | Nationwide Realty Corp. |
| Active | First Recorded Entry | $1,499,000 | Login to view | — | 06/02/2025 09:47 AM | R3009598 | — | Nationwide Realty Corp. |
