12841 98 AVENUE

12841 98 AVENUE · Surrey, Cedar Hills · House · 7 bed · 4 bath · $1,189,900 · MLS R3124493

Surrey, British Columbia · Neighbourhood: Cedar Hills
C$1,189,900
For sale
12841 98 AVENUE

12841 98 AVENUE is located in Surrey (Cedar Hills). Property snapshot: House, 7 bed, 4 bath, listed at $1,189,900, MLS R3124493. Compare transit, schools, similar supply, strata/carrying costs and resale liquidity—not just photos and asking price. Current DOM/site exposure: -. BurnabyHouse Deal Score: 50/100. Catchment

List Price: $1,189,900
MLS: R3124493
Bedrooms: 7
Bathrooms: 4
Interior Size: 2,425 sqft
Days on Market: -
Days on Site: 63
Deal Score: 50/100
Catchment Schools: Catchment schools include A.H.P. MATTHEW ELEMENTARY SCHOOL, QUEEN ELIZABETH SECONDARY SCHOOL
Price History: Latest recorded list price 1189900.00

Local Decision Guide

How should buyers evaluate 12841 98 AVENUE?

Start by reading this listing in its Surrey Cedar Hills context: price, property type, land or strata setup, age, transit, schools, similar supply, carrying costs and resale liquidity should be considered together, not just photos and asking price.

What should be checked before writing an offer?
  • Recent comparable sales, competing active listings, days on market, price changes and current market pace.
  • Property condition, inspection risk, insurance, financing, tax, title and any disclosure documents.
  • For strata homes, review minutes, contingency reserve, special levies, rental rules and pet bylaws.
How do buyers find land with rebuild or multiplex potential, what should they watch, and how can returns be improved?

To find land with this potential, start with zoning, lot size, frontage, lane or driveway access, servicing, trees, slope, basement conditions, BC Assessment, title restrictions and municipal permits. The highest-return plan is usually not simply the maximum unit count; it is the best balance between approval risk, construction cost, rent or resale pricing, floor-plan efficiency, parking and holding period.

What does this page not replace?

It does not replace a realtor, lawyer, inspector, mortgage broker, insurance review, tax advice, strata documents, BC Assessment or municipal records. Use it to form better questions, then verify independently.

Listing FAQ

What is the current list price for 12841 98 AVENUE?

This page shows a list price of $1,189,900 with MLS R3124493.

What type of home is this Surrey, Cedar Hills listing?

The page shows House, 7 bed, 4 bath at 12841 98 AVENUE. Buyers should still verify strata/land context, interior size, age and inspection findings.

How long has this listing been on the market?

Current records show about - days on market/site. Latest recorded list price 1189900.00.

Which catchment schools are associated with 12841 98 AVENUE?

Catchment schools include A.H.P. MATTHEW ELEMENTARY SCHOOL, QUEEN ELIZABETH SECONDARY SCHOOL. Catchment boundaries can change, so buyers should verify with the school district or their realtor before writing an offer.

What does the Deal Score of 50/100 mean?

Deal Score is a BurnabyHouse screening score based on list price, assessment, DOM, strata fees, rent yield and area-average signals. It helps with first-pass screening and does not replace inspection, financing, legal or municipal due diligence.

What should buyers check first on this listing?

Start with price, location, property type, land or strata context, condition, schools/transit, recent comparable sales and carrying costs; if redevelopment or multiplex potential matters, also review zoning, lot size, servicing and municipal rules.

Can AI analysis replace professional advice?

No. AI analysis is for faster context and market screening; final decisions should still rely on a realtor, lawyer, inspection, financing, tax and municipal due diligence.

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. (id:56153)

Property Details

House
Building Type
7
Bedrooms
4
Bathrooms
1988
Year Built
38 years
Age
63
Days on Site
8,835 sf
Lot Area
2,425 sqft
Interior Size
C$491
Price per Sqft

Transaction: For sale

Status: active

Listing ID: 29764884 (R3124493)

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Site Context

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Includes local area, zoning, floodplain, easement, development activity, and city-level site context signals.

Property Summary

Price: C$1,189,900

Lot Area: 8,835 sf

Days on Site: 63 days

Added to Relistico: 2026-05-16

Updated on: 2026-05-16 03:01 PM PDT

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Lot info

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Includes parcel identifiers, size details, and land and approval context.

Schools

A.H.P. MATTHEW ELEMENTARY SCHOOL ELEMENTARY
Public · School District 36
13367 97 AVE, Surrey, BC
Straight-line distance about 944.7 m
QUEEN ELIZABETH SECONDARY SCHOOL SECONDARY
Public · School District 36
9457 KING GEORGE BLVD, Surrey, BC
Straight-line distance about 1.5 km
Nearby Private Schools
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Includes school names, grades, distance, and available Fraser ranking context.

Nearby Points of Interest

Grocery / Food Access
Fruiticana
About 387.6 m away
12867 96 Avenue
No Frills
About 519.5 m away
12852 96 Avenue
Shopping Centres
Townline Plaza
About 378 m away
Chevron
About 407.9 m away
9609 128 Street
Parks / Green Space
21C Tot-Lot
About 346.5 m away
Bog Park
About 448.4 m away

Price History

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Sold Area Stats

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Includes sold count, median sold price, and median days on market.

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Last Updated: Sat, 16 May 2026 02:21:14 PM PDT

Data Provider: Greater Vancouver REALTORS®

Listing Office: Gilco Real Estate Services

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