BREATHTAKING CITY & WATER VIEWS! Large 8600+ sqft view lot! Rectangular lot on a beautiful street amongst well-kept homes. Located in the sought after Cedar Hills neighborhood in Central Surrey. A welcoming neighborhood close to schools, parks, transit, and major highways. Bring your ideas... renovate or build! The existing home is boarded up. Buyers are advised to verify development potential with the City of Surrey.
Property details
4
Beds
2 full
Baths
2,200 ft²
Floor area
8,657 ft²
Lot size
1958
Year built
2
Storeys
4
Parking
$4,557/yr
Gross tax
Location & structure
Single Family Residence
Type
Full
Basement
Yes
Garage
No
Carport
North Surrey
Area
Cedar Hills
Sub-area
Rancher/Bungalow w/Bsmt.
Style
Style
Rancher/Bungalow w/Bsmt.
Basement
Full
Structure
Residential Detached
Property highlights
Private yard
Features & inclusions
Heating
Forced Air
Parking
Additional Parking, Garage Single
Lot
Central Location, Recreation Nearby
Community
Shopping Nearby
Additional details
Main floor (ground)
1,100 ft²
Tax year
2025
Listed by Royal LePage Global Force Realty. Data from BCRES. Last updated Jul 2, 2026, 10:01 AM.
This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy.
Jessica specialises in residential financing across Greater Vancouver, helping buyers secure competitive rates and navigate complex purchases with clarity.
Jessica Kuan
Licensed Mortgage Broker
This is an estimate only and does not constitute financial advice or a mortgage offer. Based on $199,800 down (20%) on $999,000, Canadian semi-annual compounding. Property tax sourced from listing. No strata fee on record for this listing. Home insurance, land transfer tax, and closing costs are not included. Consult a licensed mortgage professional for personalised advice. Mortgage professionals featured here are independent licensed brokers. Ray Rasouli may receive a referral fee if you choose to work with one. You are under no obligation to use any recommended provider. Full disclosure.
Supply outlook
Where supply, demand, and prices are heading by 2035
CMHC scenario data, applied to this listing's metro area
House prices, 2024 to 2035
CMHC scenario comparison
18.4 percentage points
Building enough supply could keep prices 18.4 percentage points lower by 2035.
Source: CMHC supply-shortages report (2026)
Housing starts needed each year
Current pace vs CMHC supply target
7,245 units short
Vancouver is starting about 7,245 fewer units per year than CMHC says is needed to keep prices stable.
Source: CMHC supply-shortages report (2026)
Housing stock, 2024 to 2035
Projected dwellings under current trajectory
24.0 percentage points
Stock grows about 24.0% over the period under the business-as-usual scenario.
Source: CMHC supply-shortages report (2026)
Apartment construction pace
Apartment starts in 2025 vs the 10-year average
8.6% above
Condo and rental apartment construction is running 8.6% above the 10-year pace, easing future apartment scarcity.
Source: CMHC supply spring 2026
Family-home construction pace
Houses and townhomes started in 2025 vs the 10-year average
20.9% below
Ground-oriented (houses + townhomes) construction is running 20.9% below the 10-year pace, squeezing family-sized supply.
Source: CMHC supply spring 2026
Inventory mix
What this area trades in
Within 3 km of this listing · 1,348 listings
Condo / Apartment
835
61.9%
Detached
347
25.7%
Townhouse
78
5.8%
Land
49
3.6%
Half-duplex
19
1.4%
Other
20
1.5%
Source: active, display-eligible listings within 3 km of this listing. The radius widens automatically when nearby inventory is sparse.
Housing stock here
What this neighbourhood is built of
Census 2021 dwelling structural-type mix · Surrey · 205 dwellings
Single-detached145 · 70.7%
Apartment in duplex60 · 29.3%
Source: Statistics Canada · 2021 Census of Population
Neighbourhood demographics
Who lives in this small neighbourhood
The following information covers the Dissemination Area that contains this property. A dissemination area is the smallest standard geographic area Statistics Canada publishes data for, typically 400 to 700 residents.
Statistics Canada Area #59152192· Surrey· Transit 62/100 (1887m to rapid)· 0.32 km²
Median rent here
$1,400
Owner shelter cost
$1,720
Renters
21.1%
30%+ on shelter
23.1%
Population (2021)
645
Median age
41.6
Avg household size
3.1
Avg household income
$113,000
Renters
21.1%
Owners
81.6%
Immigrants
43.0%
Post-secondary
47.1%
Avg home value
$1,140,000
Single status
33.0%
Not in labour force
37.5%
Households with kids
36.6%
Median rent
$1,400
Owner shelter cost
$1,720
30%+ on shelter
23.1%
Breakdown
$30,000 to $34,999
5
2.6%
$35,000 to $39,999
5
2.6%
$40,000 to $44,999
10
5.3%
$45,000 to $49,999
5
2.6%
$50,000 to $59,999
10
5.3%
$60,000 to $69,999
15
7.9%
$70,000 to $79,999
10
5.3%
$80,000 to $89,999
15
7.9%
$90,000 to $99,999
5
2.6%
$100,000 to $124,999
20
10.5%
$125,000 to $149,999
25
13.2%
$150,000 to $199,999
35
18.4%
$200,000 and over
30
15.8%
Source: Statistics Canada, 2021 Census of Population (Census Profile, dissemination area 59152192).
Market story
Rent in Surrey
Census 2021 avg $1,400/mo here · Vancouver 4BR rent (est) trend below
Estimate, not a prediction. Forward values use CMHC scenario growth rates applied to the latest actual. Actual outcomes will differ. Do not use as financial advice.
Vancouver CMA rental snapshot · 2025
Purpose-built vacancy
3.7%
Avg 2BR rent
$2,363
+2.2% YoY
Condo vacancy
1.5%
Avg 2BR condo rent
$2,900
Source: CMHC Rental Market Report (2025)
CMHCVancouver outlook
From the CMHC Spring 2026 Housing Supply Report · Mar 2026
