12841 98 Avenue, Cedar Hills, Surrey – 7 Bed House for Sale

$1,189,900
Active Listed 3 months ago
Key facts
Beds
7
Baths
4
Living area
2,425 sqft
Lot size
8,835 sqft
Frontage
View
Year built
1956
Property tax
$6,394/yr
MLS®
R3124493

Description

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.

Mortgage & Wealth

Your estimated monthly cost — including strata and taxes — and the equity you could build over 5 years on this $1,189,900 home. Adjust the two figures below to match your plan.

Monthly Cost
Mortgage payment
Property tax (est.)
Total / month
5-Year Wealth
Down payment
Mortgage paid down (5 yr)
Est. appreciation*
Equity after 5 yrs

*Assumes a conservative 3%/yr appreciation. Estimates only — your rate, term and CMHC costs may vary. Mortgage questions? Call us 604-330-3784

Mortgage Pre-Qualification

About Cedar Hills, Surrey — Houses Market

Over the past 12 months, 59 houses have sold in Cedar Hills, Surrey, with properties spending an average of 58 days on market. Sign in to view sold price data.

There are currently 66 other houses for sale in Cedar Hills. Browse all Cedar Hills houses for sale.

66
Active Listings
59
Sold (12 Mo)
58
Avg Days on Market

Features

Washer/Dryer Dishwasher Refrigerator Stove

Property Information

MLS® # R3124493
Property Type House
Dwelling Type House/Single Family
Home Style Residential Detached
Kitchens 3
Year Built 1956
Parking Additional Parking,Front Access
Tax $6,394 in 2025
Strata No NWP15824
Postal Code V2T 5J9
Address 12841 98 Avenue
Subarea Cedar Hills
City Surrey
Listed By Gilco Real Estate Services

Floor Area (sq. ft.)

Main Floor 1,038
Above 1,038
Below 1,387
Total 2,425

Location

Date Address Bed Bath Kitchen Asking Price $/Sqft DOM Levels Built Living Area Lot Size
05/15/2026 This Property 7 4 3 $1,189,900 Login to View 111 2 1956 2,425 sqft 8,835 sqft
07/27/2026

9892 130 Street

9 6 2 $1,149,000 Login to View 38 2 1967 2,412 sqft 7,564 sqft
Date Address Bed Bath Kitchen Asking Price Sold Price $/Sqft DOM Levels Built Living Area Lot Size
07/22/2026

12534 Grove Crescent

3 1 1 $999,000 $915,000 (-8.4%) Login to View 27 2 1959 2,359 sqft 7,260 sqft
07/06/2026

10014 127b Street

4 2 1 $1,050,000 $950,000 (-9.5%) Login to View 4 2 1958 1,878 sqft 7,324 sqft
07/05/2026

12967 98a Avenue

5 2 2 $1,089,999 $950,000 (-12.8%) Login to View 90 2 1958 2,501 sqft 7,163 sqft
05/06/2026

10167 Helen Drive

2 1 1 $949,900 $850,000 (-10.5%) Login to View 44 1 1956 888 sqft 7,259 sqft
04/14/2026

12523 99 Avenue

5 2 1 $1,099,000 $975,000 (-11.3%) Login to View 76 2 1970 2,234 sqft 7,522 sqft
04/08/2026

12219 99 Avenue

6 0 2 $1,349,888 $1,345,500 (-0.3%) Login to View 126 2 1958 2,480 sqft 7,200 sqft
04/06/2026

13160 99 Avenue

6 6 2 $1,324,853 $1,285,000 (-3.0%) Login to View 34 2 1976 2,830 sqft 7,478 sqft
04/02/2026

9829 120a Street

3 2 1 $1,100,000 $1,000,000 (-9.1%) Login to View 24 1 1975 1,496 sqft 8,712 sqft
03/23/2026

13137 99th Avenue

6 3 2 $999,999 $1,120,000 (12.0%) Login to View 7 2 1972 2,579 sqft 7,560 sqft
03/14/2026

10131 128a Street

3 1 1 $1,149,000 $1,050,000 (-8.6%) Login to View 19 1 1954 972 sqft 9,355 sqft
Date Address Bed Bath Kitchen Asking Price $/Sqft DOM Levels Built Living Area Lot Size
5 days ago

101 9820 130 Street

6 5 2 $1,399,879 Login to View 7 3 2026 3,151 sqft 3,375 sqft
6 days ago

10490 125a Street

8 7 3 $2,198,800 Login to View 8 3 2019 5,904 sqft 7,376 sqft
1 week ago

10304 128 Street

9 7 1 $1,859,000 Login to View 9 2 2003 4,655 sqft 10,427 sqft
1 week ago

9763 132 Street

7 5 4 $1,499,000 Login to View 10 2 1960 2,120 sqft 7,812 sqft
1 week ago

10088 121 Street

9 9 4 $2,499,000 Login to View 13 2 2019 5,362 sqft 6,776 sqft
2 weeks ago

10108 Mary Drive

6 5 3 $1,799,000 Login to View 15 2 2020 2,670 sqft 6,440 sqft
2 weeks ago

10047 129 Street

10 6 3 $1,649,000 Login to View 15 2 2004 4,130 sqft 7,521 sqft
2 weeks ago

13022 101 Avenue

4 2 0 $1,199,000 Login to View 15 3 1954 1,821 sqft 7,534 sqft
3 weeks ago

101 10063 127b Street

8 8 3 $1,499,000 Login to View 21 3 2026 3,713 sqft 7,187 sqft
3 weeks ago

9766 130a Street

8 6 3 $1,649,900 Login to View 22 2 2005 3,496 sqft 10,020 sqft

House for Sale in Cedar Hills, Surrey

House for sale in Cedar Hills, Surrey — listed at $1,189,900. This 7 bedroom, 4 bathroom house offers 2,425 sq ft of living space ($491/sq ft) and was built in 1956. The property sits on a 8,835 sq ft lot in the Cedar Hills neighbourhood of Surrey. Home style: Residential Detached. Basement: Finished. Parking: Additional Parking,Front Access. Property features include Washer/Dryer, Dishwasher, Refrigerator, Stove. Annual property taxes: $6,394 (2025). Listed by Gilco Real Estate Services — MLS® #R3124493.

Frequently Asked Questions About 12841 98 Avenue

Common questions buyers ask about this listing:

What year was this home built in?

12841 98 Avenue, Surrey, V2T 5J9 was built in 1956.

How long has this property been listed for?

12841 98 Avenue, Surrey, V2T 5J9 was listed on 05/15/2026 by Gilco Real Estate Services.

How wide is the lot?

The lot is 61 feet wide.

Is there a basement in this home?

Finished.

What is the listing price of this house?

The listing price of 12841 98 Avenue, Surrey, V2T 5J9 is $1,189,900.

How many bedrooms does this house have?

12841 98 Avenue, Surrey, V2T 5J9 is a 7 bedroom, 4 bathroom house with 2425 sq ft of living space.

What is the square footage of this house?

12841 98 Avenue, Surrey, V2T 5J9 has 2425 sq ft of living space.

What is the MLS® number for this house?

The MLS® number for 12841 98 Avenue, Surrey, V2T 5J9 is R3124493.

What neighbourhood is this house in?

12841 98 Avenue, Surrey, V2T 5J9 is located in the Cedar Hills neighbourhood of Surrey, BC.

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Disclaimer: Listing data is based in whole or in part on data generated by the Real Estate Board of Greater Vancouver and Fraser Valley Real Estate Board which assumes no responsibility for its accuracy. - The advertising on this website is provided on behalf of BC Condos & Homes - Re/Max Crest Realty, 300 - 1195 W Broadway, Vancouver, BC

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