$1,488,000

5920 131 STREET

Surrey BC V3X 0G4 - Panorama Ridge
8 bd
6.5 ba
3,300 sqft
Built 2015

About This Property

Income-producing opportunity in Panorama Ridge! This custom-built 2015 home offers approx. 3,300 sqft. of living space with 8 bedrooms and 7 bathrooms on a 3,540 sqft. lot. Featuring three separate living spaces—a spacious 4-bedroom + den main residence, 3-bedroom basement suite and separate 1-bedroom coach home—all currently rented, generating…

Features

Playground
Private Yard
Additional Parking
Detached
Rear Access
Concrete
Room measurements20 rooms▸
Living RoomMain · 15'5 × 18'4
KitchenMain · 8'8 × 21'6
Dining RoomMain · 8'6 × 11'1
OfficeMain · 11'3 × 11'3
FoyerMain · 6'8 × 7'5
Porch (enclosed)Main · 5'10 × 21'5
PatioMain · 7' × 15'2
PatioBsmt · 6' × 11'1
Living RoomBsmt · 11'2 × 13'3
KitchenBsmt · 8'4 × 13'3
Primary BedroomBsmt · 10'6 × 16'2
BedroomBsmt · 8'8 × 9'9
BedroomBsmt · 8'11 × 10'2
Primary BedroomAbove · 12'1 × 14'
BedroomAbove · 9'6 × 10'
BedroomAbove · 9'1 × 10'6
BedroomAbove · 9'10 × 11'3
BedroomBelow · 9'3 × 11'0
KitchenBelow · 6'6 × 14'0
Living RoomBelow · 10'9 × 11'5

Property Details

MLS NumberR3171218
Property TypeSingle Family Residence
Bedrooms8
Bathrooms6.5
Square Feet3,300
Lot Size3,540 sqft
Year Built2015
Parking Spaces2
HeatingForced Air
Days on Market4
StatusActive
Listed ByYPA Your Property Agent

School Catchment

Elementary Panorama Park
Secondary Panorama Ridge

Neighbourhood

Highlighted area = this home's census tract (StatCan), the boundary the neighbourhood stats describe.
$1,300,000Median home value
$116,000Median household income
69.8%Owner-occupied
46.2%Single-detached homes
3.6Avg household size
36Median age
31.3%Bachelor's degree or higher (25-64)
54.2%Commute under 30 min
89.4%Drive to work
51.1%Foreign-born residents
4,690Neighbourhood population

Age

Under 15: 17.9%15 to 64: 70.3%65 and over: 11.8%
  • Under 1517.9%
  • 15 to 6470.3%
  • 65 and over11.8%

Household size

  • 1 person14.4%
  • 217.5%
  • 317.9%
  • 422.1%
  • 5 or more28.1%

Language spoken at home

44.3% Punjabi mother tongue

  • English30.7%
  • English + other8.3%
  • Hindi3.3%
  • Urdu2.1%
  • Tagalog2%
  • Arabic0.7%
  • All others8.6%

Mother tongue, share of 4,690 residents.

How this pocket differs

  • fewer seniors 65+ than Panorama Ridge 11.8% vs 17%
  • Median household income is higher than Metro Vancouver $116,000 vs $90,000
  • Median dwelling value is higher than Metro Vancouver $1,300,000 vs $1,050,000

Source: Statistics Canada, Census of Population, 2021. Reproduced and distributed on an "as is" basis with the permission of Statistics Canada.

Land & Development

Lot size3,506 sqft
Lot dimensions29 × 121 ft
Lot shapeRectangular
Approximate lot lines (ParcelMap BC)

Zoning, lot dimensions and grade are approximate, from public data, and for reference only — verify with the City / Township of Langley before relying on them.

Monthly Cost Calculator

Estimated monthly cost $7,717
Mortgage payment$7,005
Property tax$562
Home insurance$150
Partner Rates Available Contact us for preferred mortgage rates

An estimate only. Canadian semi-annual compounding; excludes utilities, closing costs and BC property transfer tax. 5-year fixed, as of Oct 1

Book a Showing