12521 Grove Crescent, Surrey, BC
•Cedar Hills- $1,195,000
- 6 bed
- 4 bath
- 2492 sqft
- Built in 1967




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.
This Single Family Residence home located at 12841 98 Avenue, Surrey is currently for sale and has been available on Strawhomes.com for 1 days. This property is listed at $1,189,900 with an estimated mortgage of $5,565* per month. It has 7 beds, 4 bathrooms, and is 2,425 square feet. The property was built in 1988. 12841 98 Avenue, Surrey BC V2T 5J9 is in the Cedar Hills Houses neighbourhood Surrey. Queen Mary Park Surrey, Whalley and Royal Heights are nearby neighborhoods.
Selling
| MLS® # | Date | Event | Price |
|---|---|---|---|
| XXXXXXXXXX | Xxx XX, XXXX | Listed | — |
| XXXXXXXXXX | Xxx XX, XXXX | Xxxxxxx | $X,XXX,XXX |
| Xxx XX, XXXX | Xxxxxx | $X,XXX,XXX | |
| XXXXXXXXXX | Xxx XX, XXXX | Xxxxxx | $X,XXX,XXX |
| Xxx XX, XXXX | Xxxxxx | $X,XXX,XXX | |
| XXXXXXXXXX | Xxx XX, XXXX | Xxxxxxx | $X,XXX,XXX |
| Xxx XX, XXXX | Xxxxxx | $X,XXX,XXX | |
| XXXXXXXXXX | Xxx XX, XXXX | Xxxxxxx | $X,XXX,XXX |
| Xxx XX, XXXX | Xxxxxx | $X,XXX,XXX |
| Year | Land + Improvements | Assessment |
|---|---|---|
| Current | $1,307,000 + $29,000 | $1,336,000 |
| Area | Avg. Price | Updated |
|---|---|---|
| This Home | $1,189,900 | May 15, 2026 |
| Surrey | $1,359,005 | Oct 5, 2026 |
| Cedar Hills | $1,454,581 | Oct 5, 2026 |
With 4,536 single family homes for sale in Surrey, finding your perfect home will be easy.
This freehold detached house was built in 1988 and is currently listed at $491 per square foot. The property sits on a 8,835 sq ft lot with 61 feet of frontage. The property offers 8 parking spaces. Annual property taxes were assessed at $6,394 in 2025.
The address of 12841 98 AVENUE is situated in Surrey, British Columbia. It is located within the Cedar Hills neighborhood of the city.
Neighboring communities include Whalley, Royal Heights and Bridgeview. 98 has 13 homes currently on the market, while the district of Cedar Hills has 100 postings on the market. That's just 2.2% of the 4,536 total listings for sale in the city of Surrey. In Cedar Hills, the average asking price for a detached house is $1,431,562, which translates to a monthly mortgage payment of around $6,695.* This is 1.1 times the average price of $1,338,894 for a similar detached house in the city of Surrey.
The average Cedar Hills listed detached house is 2,723 sq ft, has 6 beds, and 4 baths.
The majority of properties for sale in the community around 12841 98 AVENUE are detached houses, not townhouses.
The monthly payments provided are an approximation calculated for a mortgage loan with a down payment of 20% @ 5% interest rate over a 5-year mortgage term.
MLS®#: R3124493 · $1,189,900 · 7 bedroom detached house in Cedar Hills Surrey.
The list price of the House at 12841 98 Avenue, Surrey is $1,189,900 and has been listed on strawhomes.com. 12841 98 Avenue, Surrey, BC V2T 5J9 has 7 beds, 4 baths, and is 2,425 sq ft. This MLS® listing ID R3124493 was built in 1988. 12841 98 Avenue, Surrey is located in the city of Surrey Houses for sale, and situated in a great neighbourhood called Cedar Hills Houses for sale.
This House is a detached property that is currently for sale and was listed on May 15, 2026, or listed 4 months ago on our web site. This Split Entry home is for sale and is located in the neighbourhood of Cedar Hills. It was built in the year of 1988, or 38 years old. The full mailing address is 12841 98 Avenue, Surrey, BC, V2T 5J9. It has 7 beds & 4 baths. The list price of this Split Entry is $1,189,900 and the living area is 2,425 sq ft, or $491 per square foot. The lot is 8,835 sq ft.
The postal code V2T 5J9 has a few open houses in Surrey British Columbia Canada. This Cedar Hills Split Entry for sale is one of Lower Mainlands best priced properties in the Cedar Hills neighbourhood.
If you would like to calculate your mortgage payment for this listing located at V2T 5J9 and need a mortgage calculator please see above.
For sellers wanting to get a home value of their house for sale near This MLS® listing ID R3124493, please contact us using make an appointment button below and then click to see what is my home worth button to have a Surrey listing agent contact you with our selling system. Richard Morrison is a top real estate agent located in Surrey Cedar Hills.
You can see Price History, house prices, Walk Score, and property disclosure above. The data relating to real estate on this website (MLS® R3124493) comes in part from the Surrey MLS® Reciprocity program of either Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB).