12921 111 Ave
Surrey · PID 011-342-684
Questions go to a licensed BC REALTOR® (PREC) with Vanak Realty. Free, no obligation.
What BC law allows here
This lot is in a transit-oriented area: BC law lets the city approve buildings up to 8 storeys here.
If this lot were rezoned
| Floor space | Homes | Land $/buildable ft² | |
|---|---|---|---|
| Today's zoning (R3) from the city's bylaw, FAR 0.40 | 6,458 ft² | about 5 | $196 |
| Transit-area rezoning (Bill 47) the city must allow at least 8 storeys, FAR 3.00 | 48,470 ft² | about 55 | $26 |
Rough planning numbers: homes assume about 85% sellable floor space and 750 ft² apartments (1,100 ft² for houses and townhouses). Transit-area figures are the minimum a city must allow on a rezoning, not an approval. Land cost uses the assessed land value. Confirm with the city.
Front of the lot
Street view, aerial photo and map from Google; drag to look around. Photos may be a few years old. Imagery © Google. Open in Google Maps ↗
Lot facts
- Address
- 12921 111 Ave
- City
- Surrey
- PID
- 011-342-684
- Lot size
- 1,501 m² · 16,157 ft²
- Zone
- R3 Houses, duplexes & small multiplexes R3 rules
- Homes guide
- How many homes can I build in Surrey?
- Assessed value (2026)
- $1,624,000 (land $1,266,000)
- Property tax
- about $5,570 a year
Zoning rules · R3 · Urban Residential Zone
Small-scale multi-unit housing for 2 to 6 units on urban lots typically 560 m2 or larger.
- Max floor area
- 6,458 ft² (600 m²), floor space ratio 0.40
- Max height
- 30 ft (9.0 m), 3 incl. basement (houseplex) storeys
- Max building footprint
- 5,655 ft² (525 m²)
- Setbacks
- side 1.2 m, rear 7.5 m, flanking side 2.4 m
- Homes
- 2 on lots >=4,050 m2; on lots 280-4,050 m2: 4 (house or duplex, with suite/coach house/garden suite), 6 on eligible lots in Frequent Bus Stop Areas, 2 inside Transit-Oriented Areas; lots <280 m2: 3 (2 in TOA). Heritage-protected or unserviced lots: 2. R3 also permits a houseplex.
Surrey Zoning By-law, 1993, No. 12000 (consolidated to 2026-09-21, last amendment By-law 22120) · Part 15; Schedule G. Estimated from the bylaw for a lot of this size; confirm with the city before buying or building.
More on the map
The map shows this lot's true shape and buildable area, slope, sun and shadow, walking distances, schools, hazards, rents and building permits nearby.
Nearby lots
- 11034 129 St 556 m² · R3
- 11049 129 St 1,531 m² · R3
- 11057 129 St 1,529 m² · R3
- 11068 129 St 556 m² · R3
- 11088 129A St 761 m² · R3
- 12842 111 Ave 1,123 m² · R3
- 12862 111 Ave 914 m² · R3
- 12883 111 Ave 1,509 m² · R3
- 12918 112 Ave 2,710 m² · PA1
- 12939 111 Ave 1,551 m² · R3
- 12956 112 Ave 1,346 m² · R3
- 12970 112A Ave 558 m² · R3
Data updated Nov 2, 2026. Sources: lot lines from city open data and ParcelMap BC, zoning from each city's open data and bylaw, values from city open data where published, BC Bills 44 and 47. Estimates only, not an appraisal or legal advice; confirm with the city.