5625 132 Street, Surrey, BC
•Panorama Ridge- $2,499,999
- 5 bed
- 3 bath
- 2810 sqft
- Built in 1972





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.
This Single Family Residence home located at 12783 56 Avenue, Surrey is currently for sale and has been available on Strawhomes.com for 97 days. This property is listed at $2,500,000 with an estimated mortgage of $11,692* per month. It has 3 beds, 1 bathroom, and is 1,869 square feet. The property was built in 1928. 12783 56 Avenue, Surrey BC V3X 2Y7 is in the Panorama Ridge Houses neighbourhood Surrey. West Newton, East Newton and Sullivan Station are nearby neighborhoods.
| MLS® # | Date | Event | Price |
|---|---|---|---|
| XXXXXXXXXX | Xxx XX, XXXX | Listed | — |
A public BC Assessment record isn’t available for this property yet.
| Area | Avg. Price | Updated |
|---|---|---|
| This Home | $2,500,000 | Jun 4, 2026 |
| Surrey | $1,364,419 | Sep 5, 2026 |
| Panorama Ridge | $1,864,497 | Sep 5, 2026 |
Explore 4,318 single family homes for sale in Surrey to find your ideal property.
This freehold detached house was built in 1928 and is currently listed at $1,338 per square foot. The property sits on a 101,495 sq ft lot. The property offers 4 parking spaces. Annual property taxes were assessed at $9,545 in 2026.
Located in the city of Surrey, within the province of British Columbia, the address 12783 56 AVENUE resides in the Panorama Ridge neighbourhood of Surrey.
Neighboring communities include West Newton, East Newton and Sullivan Station. 56 has 17 homes currently on the market, while the district of Panorama Ridge has 133 postings on the market. That's just 3.1% of the 4,318 total listings for sale in the city of Surrey. In Panorama Ridge, the average asking price for a detached house is $1,853,633, which translates to a monthly mortgage payment of around $8,669.* This is 1.4 times the average price of $1,370,027 for a similar detached house in the city of Surrey.
Detached houses listed in Panorama Ridge are an average of 3,516 sq ft, with 6 beds and 5 baths.
The majority of properties for sale in the community around 12783 56 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®#: R3134121 · $2,500,000 · 3 bedroom detached house in Panorama Ridge Surrey.