$880,000

7723 161A STREET

Surrey BC V4N 0T8 - Fleetwood Tynehead

About This Property

An exceptional investment opportunity in the family-friendly community of Fraser Heights. This property consists of an approximately 10,846 sq. ft. lot, which is situated adjacent to a newly listed 19,340 sq. ft. lot at 7735 - 161A Street. This provides a unique prospect to develop a multi-family estate in a highly sought-after, private neighborhood. The…

Property Details

MLS NumberR3147266
Lot Size10,846 sqft
Days on Market44
StatusActive
Listed ByeXp Realty of Canada, Inc.

School Catchment

Elementary William Watson
Secondary Fleetwood Park

Neighbourhood

Highlighted area = this home's census tract (StatCan), the boundary the neighbourhood stats describe.
$1,400,000Median home value
$148,000Median household income
85.7%Owner-occupied
85.2%Single-detached homes
3.3Avg household size
46Median age
32.8%Bachelor's degree or higher (25-64)
64.2%Commute under 30 min
95.6%Drive to work
40.5%Foreign-born residents
1,789Neighbourhood population

Age

Under 15: 13.7%15 to 64: 68.2%65 and over: 18.2%
  • Under 1513.7%
  • 15 to 6468.2%
  • 65 and over18.2%

Household size

  • 1 person9.2%
  • 230.3%
  • 318.3%
  • 421.1%
  • 5 or more21.1%

Language spoken at home

54.5% English mother tongue

  • Punjabi14%
  • Mandarin8.1%
  • English + other4.2%
  • Vietnamese2.8%
  • Cantonese2%
  • Korean2%
  • All others12.4%

Mother tongue, share of 1,790 residents.

How this pocket differs

  • notably fewer people living alone than Fleetwood Tynehead 9.3% vs 15.2%
  • Median household income is notably higher than Metro Vancouver $148,000 vs $90,000
  • Median dwelling value is higher than Metro Vancouver $1,400,000 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 size10,781 sqft
Lot dimensions70 × 170 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 $4,340
Mortgage payment$3,999
Property tax$251
Home insurance$90
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 Aug 26

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