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12617 88 Avenue, Surrey BC V3W 3J8

Surrey, Queen Mary Park Surrey

7 bed

8 bath

3,955 sqft

Single Family Residence

Built in 2013

6,534 sqft lot

Freehold NonStrata

RES zone

Public remarks

ATTENTION INVESTORS AND DEVELOPERS ! Central location in the heart of QUEEN MARY PARK ! Don't miss this opportunity to own an amazing DEVELOPMENT potential property in Surrey ! Situated on 88 AVENUE this property boasts excellent EXPOSURE and is located just steps from a major COMMERCIAL shopping plaza and across the street from an INDUSTRIAL zone. This stunning property features a generous 3955 square feet of beautifully designed living space across two floors, boasting 7 spacious bedrooms and 8 bathrooms. Mortgage Helpers - 2+1 rental suites and a studio unit with great income potential. Ideally located close to schools, public transit, shopping and all other amenities. Call today to secure this lucrative investment opportunity !

Private remarks

Professionally measured by Cotala Cross Media - Measurements are approximate and should be verified by buyer or buyer's agent if important. Property contains unauthorized accommodation. 2 bedroom suite rented to long term tenants for $2000 month to month. Studio office space rented for $800 month to month. 1 bedroom suite is being used by owners. Vacant possession possible. Please verify with City for all development potential.

Buyer agency compensation

3.22% on the 1st $100,000 and 1.15% on the balance.

Queen Mary Park Surrey Neighbourhood

$2,799,999 ($707/sqft)

Active

Listed

01/20/2025

Expiry date

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Original price

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Gross taxes (2024)

$7,981.33

Property transfer tax

$61,999.97

Last Updated: 01/20/2025 05:00 PM

Courtesy of Royal LePage West Real Estate Services

12617 88 Avenue Details

Above Grade Finished Area
3955
Appliances
Washer/Dryer, Dishwasher, Refrigerator, Cooktop
Basement
Finished, Exterior Entry
Bathrooms Full
7
Bathrooms Half
1
Bathrooms Total Integer
8
Bedrooms Total
7
Below Grade Finished Area
0
Bridge Modification Timestamp
2025-01-21T01:00:50.847Z
Building Area Total
3955
Buyer Agency Compensation
3.22% ON THE 1ST $100,000 AND 1.15% ON THE BALANCE.
City
Surrey
Community Features
Shopping Nearby
Construction Materials
Brick, Frame Wood, Brick (Exterior), Mixed (Exterior), Vinyl Siding
Country
CA
Electric On Property Yn
true
Expiration Date
2025-07-20
Exterior Features
Balcony, Private Yard
Feed Types
IDX, VOW
Fencing
Fenced
Fireplaces Total
0
Flooring
Mixed
Foundation Details
Block
Frontage Length
58.21
Garage Spaces
1
Garage Yn
true
Heating
Radiant
Heating Yn
true
Idx Participation Yn
true
Interior Features
Pantry
Internet Address Display Yn
true
Internet Entire Listing Display Yn
true
Latitude
49.163208
Levels
Two
List Agent Key
48a455ec4c3c471e4020f58fc7ea42e5
List Agent Key Numeric
77202
List Agent MLS
F020404
List Aor
Fraser Valley
List Office Key
1a977d5ba0db29d98f95964727bb47f9
List Office Key Numeric
2598
List Office MLS
6043753
List Price
2799999
Listing Contract Date
2025-01-20
Listing
R2957683
Listing Key
0c9c510cc957126356ee049ddf997e95
Listing Key Numeric
262979310
Living Area
3955
Longitude
-122.873137
Lot Features
Central Location, Private, Recreation Nearby
Lot Size Acres
0.15
Lot Size Area
6534
Lot Size Dimensions
58.21 x
Lot Size Square Feet
6534
Lot Size Units
Square Feet
Main Level Bathrooms
4
MLS Area Major
Surrey
MLS Area Minor
Queen Mary Park Surrey
MLS Status
Active
Modification Timestamp
2025-01-21T00:45:06.400Z
Original Entry Timestamp
2025-01-21T00:45:06.000Z
Original List Price
2799999
Originating System Name
GVR – FVREB – CADREB – BCNREB – Resi
Other Structures
Shed(s)
Ownership
Freehold NonStrata
Parcel Number
005812607
Parking Features
Additional Parking, Garage Single
Patio And Porch Features
Patio, Deck
Photos Change Timestamp
2025-01-20T21:21:17.854Z
Photos Count
39
Postal Code
V3W 3J8
Property Sub Type
Single Family Residence
Property Type
Residential
Road Surface Type
Paved
Roof
Asphalt
Room Bathroom2 Level
Main
Room Bathroom3 Level
Above
Room Bathroom5 Level
Main
Room Bathroom Level
Main
Rooms Total
25
Sewer
Public Sewer, Sanitary Sewer, Storm Sewer
Showing Contact Name
Parm Dhesi
Source System Key
262979310
Standard Status
Active
State Or Province
BC
Status Change Timestamp
2025-01-20T08:00:00.000Z
Stories
2
Street Name
88
Street Number
12617
Street Suffix
Avenue
Structure Type
Residential Detached
Tax Annual Amount
7981.33
Tax Legal Description
LOT 9 EXCEPT PART IN PLAN BCP13068 BLOCK 22 SECTION 31 TOWNSHIP 2NEW WESTMINSTER DISTRICT PLAN 2135
Tax Year
2024
Unparsed Address
12617 88 Avenue, Surrey BC V3W 3J8
Utilities
Electricity Connected, Natural Gas Connected, Water Connected
Water Source
Public
Window Features
Window Coverings
Year Built
2013
Zoning
RES

12617 88 Avenue History

Address MLS® Changed List date Status List price Close price List agent List office
12617 88 Avenue R2957683 01/20/2025 05:00 PM 01/20/2025 Active $2,799,999 Login to view Parm Dhesi - PREC Royal LePage West Real Estate Services