12978 OLD YALE ROAD

Surrey, British Columbia · Neighbourhood: Cedar Hills
C$1,070,000

Local Decision Guide

How should buyers evaluate 12978 OLD YALE ROAD?

Start by reading this listing in its Surrey Cedar Hills 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.

For sale
12978 OLD YALE ROAD

Remarks

2 Storey home on a 6 foot basement and a Heated Detached Shop! Priced to sell listed nearly $200,000 below the current BC Assessment assessed value, offering incredible value and opportunity. 5-bedroom, 4-bathroom home on an approx. 8,921.00 sq. ft. lot with R3 zoning and future development potential. Offering exceptional space and versatility for large families, multi-generational living, or investment potential. Renovated in 2022, the main home features a modern kitchen, updated bathrooms, and new flooring throughout. Major upgrades include a newer roof, copper plumbing, and ABS piping for added peace of mind. Enjoy year-round entertaining on the massive covered deck overlooking the private backyard and BBQ area. (id:56153)

Property Details

House
Building Type
5
Bedrooms
4
Bathrooms
999 years
Age
10
Days on Site
8,921 sf
Lot Area
2,514 sqft
Interior Size
C$426
Price per Sqft

Transaction: For sale

Status: active

Listing ID: 29801299 (R3127258)

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Site Context

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Property Summary

Price: C$1,070,000

Lot Area: 8,921 sf

PID: 004-681-266

Days on Site: 10 days

Added to BurnabyHouse: 2026-05-25

Updated on: 2026-05-31 12:00 AM PDT

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Lot info

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Schools

OLD YALE ROAD ELEMENTARY SCHOOL ELEMENTARY
Public · School District 36
10135 132 ST, Surrey, BC
Straight-line distance about 545.9 m
KWANTLEN PARK SECONDARY SCHOOL SECONDARY
Public · School District 36
10441 132 ST, Surrey, BC
Straight-line distance about 345 m
Nearby Private Schools
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Nearby Points of Interest

Grocery / Food Access
Daily Fresh
About 1.1 km away
Queen's Market
About 1.2 km away
Shopping Centres
Central City Shopping Centre
About 1.1 km away
10153 King George Boulevard, Surrey
Andes Plaza
About 1.2 km away
Parks / Green Space
Royal Kwantlen Park
About 301 m away
West Village Park
About 572.6 m away
13231 Central Avenue
Rapid Transit Stations
Surrey Central Stn
About 1.1 km away

Price History

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Sold Area Stats

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BC Assessment

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BC Assessment Sales History & Nearby Sales

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Last Updated: Sat, 30 May 2026 10:09:40 PM PDT

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Listing Office: Woodhouse Realty

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