12783 56 Avenue, Surrey
Investment Alert!! Rare opportunity to own a corner lot in the highly desirable Panorama Ridge neighbourhood. This property features an existing home that is currently tenant-occupied, providing rental income while you plan and build your dream home or investment property. Offering significant frontage in a sought-after location, the property is just steps from public transit and Colebrook Elementary School and enjoys stunning ocean views. Buyers are encouraged to conduct their own due diligence regarding zoning, redevelopment potential, permitted uses, servicing, and all municipal requirements. (id:1945)
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Property details for 12783 56 Avenue, Surrey
- Type
- Residential
- Style
- Other
- Bedrooms
- 3
- Bathrooms
- 1
- Living Area
- 1,869 square feet
- Lot Size
- 2.33
- Basement
- None, Unknown
- Parking
- Open, RV, Visitor Parking
- Ownership
- Freehold
- Annual Taxes
- $9,545 (2026)
Nearby Listings Stat
Estimated price and comparable properties near 12783 56 Avenue
Active Listings
8
Min Price
$589,000
Max Price
$2,500,000
Avg Price
$1,260,575
Days on Market
131
days
Sold Listings
1
Min Sold Price
$920,000
Max Sold Price
$920,000
Avg Sold Price
$920,000
Days until Sold
17
days
Neighbourhood Census Data
Surrey, British Columbia / Colombie-Britannique
Population
942
Median Age
47.8
Median Income
$37,504
Dwelling Value
$1,396,935
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 3.4
Pop. Density: 1,336.4/km²
Avg Shelter Cost: $1,861/mo
Owners with Mortgage: 44.4%
Owners Spending 30%+: 29.6%
Tenants Spending 30%+: 0%
English only: 88.4%
English and French: 5.3%
Neither: 6.3%
Median Household Income: $128,256
Median Employment Income: $32,512
Price History
Listed
June 9, 2026
by Royal Pacific Lions Gate Realty Ltd.
Current Price
$2,500,000
-16.7% from last change
Type
Residential
For Sale
Price Changes
1
| Date | Price | Change |
|---|---|---|
| Current | $2,500,000 | $500,000 (-16.7%) |
| Jul 30, 2026 | $3,000,000 | Listed |