$ 2,500,000

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)
Powered by REALTOR.ca
This listing content provided by REALTOR.ca has been licensed by REALTOR®
members of The Canadian Real Estate Association

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

Contact Agent Get in touch about 12783 56 Avenue, Surrey

Mohammad Alwarraq
Mohammad Alwarraq
Royal Pacific Lions Gate Realty Ltd.