11216 WALLACE DRIVE
11216 WALLACE DRIVE · Surrey, Bolivar Heights · Vacant Land · $1,160,000 · MLS 29368286
11216 WALLACE DRIVE is located in Surrey (Bolivar Heights). Property snapshot: Vacant Land, listed at $1,160,000, MLS 29368286. Compare transit, schools, similar supply, strata/carrying costs and resale liquidity—not just photos and asking price. Current DOM/site exposure: 98. Catchment schools include ELLENDALE ELEMEN
Local Decision Guide
How should buyers evaluate 11216 WALLACE DRIVE?
Start by reading this listing in its Surrey Bolivar Heights 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 11216 WALLACE DRIVE?
This page shows a list price of $1,160,000 with MLS 29368286.
What type of home is this Surrey, Bolivar Heights listing?
The page shows Vacant Land at 11216 WALLACE DRIVE. 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 98 days on market/site. Listing timeline recorded.
Which catchment schools are associated with 11216 WALLACE DRIVE?
Catchment schools include ELLENDALE ELEMENTARY SCHOOL, GUILDFORD PARK SECONDARY SCHOOL. Catchment boundaries can change, so buyers should verify with the school district or their realtor before writing an offer.
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.
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Last Updated: 2026-02-17 19:32:22
Data Provider: Greater Vancouver REALTORS®
Listing Office: Royal Pacific Realty Corp.
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