2550 124b Street, Surrey
Development opportunity in Crescent Heights. Side-by-side duplex at 2550-2560 124B Street on a lot with potential to subdivide. One side is vacant and uninhabitable; the other is occupied by a temporary tenant. The value here is in the land: build new, hold for the future, or redevelop. Set on a quiet, established family street in one of South Surrey's most sought-after neighbourhoods, within top school catchment and an easy walk to Crescent Beach, the waterfront, the pier, and village shops and cafes. A rare chance to secure a well-located property in a pocket where opportunities like this seldom come up. Buyer to verify subdivision potential, zoning and all measurements with the City of Surrey. Sold as is, where is. Tenanted side requires 24 hours' notice for showings. (id:1945)
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Property details for 2550 124b Street, Surrey
- Type
- Multi-family
- Style
- Other
- Bedrooms
- 2
- Bathrooms
- 1
- Living Area
- 550 square feet
- Lot Size
- 12506
- Basement
- None, Unknown
- Parking
- Carport
- Heating
- Natural gas
- Ownership
- Freehold
- Annual Taxes
- $6,790 (2026)
Nearby Listings Stat
Estimated price and comparable properties near 2550 124b Street
Active Listings
3
Min Price
$445,000
Max Price
$1,590,000
Avg Price
$826,833
Days on Market
99
days
Sold Listings
0
Min Sold Price
$N/A
Max Sold Price
$N/A
Avg Sold Price
$N/A
Days until Sold
N/A
days
Neighbourhood Census Data
Surrey, British Columbia / Colombie-Britannique
Population
444
Median Age
44
Median Income
$39,040
Dwelling Value
$1,500,152
Housing Tenure
Owners 77%
Renters 24%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 2.8
Pop. Density: 2,153.2/km²
Avg Shelter Cost: $1,882/mo
Owners with Mortgage: 52%
Owners Spending 30%+: 0%
Tenants Spending 30%+: 50%
English only: 85.4%
English and French: 13.5%
Neither: 1.1%
Median Household Income: $104,192
Median Employment Income: $27,392
Price History
Listed
September 21, 2026
by The Agency White Rock
Current Price
$1,590,000
Type
Multi-family
For Sale
