- Active
12758 28 Avenue
Surrey · Vacant Land
- Lot size
- 10,880 ft²
Listed by RE/MAX Elevate Realty · MLS® C8079203
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Sign inAbout this home
Rare opportunity to acquire an approved 3 storey mixed-use development property in the heart of highly sought-after Crescent Beach. This exceptional redevelopment site offers the potential for a boutique mixed-use project featuring approximately 1,685 SF of ground-floor commercial space with 12 residential units above, creating a unique long-term investment opportunity in one of Surrey's most desirable seaside communities. Ideally positioned within walking distance to Crescent Beach, local shops, restaurants, and amenities, the property benefits from strong community appeal, limited development supply, and excellent future growth potential. The approved concept envisions a modern mixed-use building designed to complement the character of the neighbourhood while maximizing the site's development potential. Whether you are a developer, investor, or builder seeking a premium project in an established coastal market, this property presents a rare chance to secure a ready-to-advance development opportunity i
Home facts
- Lot size
- 10,880 sq ft
- Property type
- Vacant Land
- Listed
- June 1, 2026
Rooms and building
- Water
The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.
Monthly and upfront costs
Uses the posted 5-year rate (5.19%), 20% down and a 25-year amortization.
Monthly ownership costs
- Principal and interest
- $11,792
- Property tax
- $725/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $12,667
Purchase snapshot
- List price
- $2,488,000
- Down payment
- $497,600 (20%)
- Estimated mortgage
- $1,990,400
Estimates only. They leave out utilities, upkeep and closing costs.
Borrowing costs
What money costs right now
The rates behind any payment estimate on this page.
- Prime rate
- 4.45%
- Variable mortgages are quoted against this.
- 5 year bond yield
- 3.68%
- Fixed mortgage pricing follows this.
- Policy rate
- 2.25%
- Set by the Bank of Canada.
These are benchmark rates, not mortgage quotes. Your rate depends on the lender, the term, and your file.
Source: Bank of Canada. As of 2026-09-29
Property tax
What the tax bill looks like
Municipal, regional, hospital and school rates combined.
- Estimated annual tax
- $8,527
- At 3.4273 per $1,000 of assessed value.
Estimated by applying the municipal rate to the asking price. Your actual bill is based on the BC Assessment value, which is set separately and usually differs from the sale price. Home owner grants are not included.
Source: Province of British Columbia, Local Government Statistics Schedule 702, 2026. As of 2026-01-01
Neighbourhood
Estimated travel times. Map data © OpenStreetMap contributors.
Climate
What the weather is like in Vancouver
Ten year average, 2016–2025.
- Average temperature
- 10.6°C
- Daily mean across the year.
- Yearly precipitation
- 1,141 mm
- On the drier side for BC.
- Yearly snowfall
- 39 cm
- Snow is the exception here.
- Bright sunshine
- 1,938 h
- Hours of sun a year, 1981–2010 average.
Averaged from the last ten complete years of Environment Canada observations at the nearest principal station, so it reflects the climate as it is now rather than a thirty year normal. Bright sunshine is the exception: it is no longer measured at these stations, so that figure is the long term average.
Source: Environment and Climate Change Canada, monthly climate summaries
Land and hazards
What the maps say about this land
Provincial designations and mapped natural hazards at this location.
- Wildfire interface
- Low risk
- In a mapped wildland-urban interface zone. Affects insurance and FireSmart requirements.
Based on where this point falls in provincial map layers, not a site survey or a formal hazard assessment. Confirm with the municipality, a professional, and your insurer before relying on it.
Source: BC Geographic Warehouse (Agricultural Land Commission, BC Wildfire Service)
Most listed
Detached · 81%
Who lives here
Documents
Pick the records you want. Ray Rasouli will email what the listing brokerage shares.
Availability is not guaranteed. Review documents with a professional.
