Maximize your ROI with this strategic development opportunity in a high-demand central location. Zoned R3, this property offers versatility rarely found at this price point. Development Potential: The zoning supports increased density, making this a prime candidate for a Duplex or a single-family home with a detached Garden Suite (check with City of…
Maximize your ROI with this strategic development opportunity in a high-demand central location. Zoned R3, this property offers versatility rarely found at this price point. Development Potential: The zoning supports increased density, making this a prime candidate for a Duplex or a single-family home with a detached Garden Suite (check with City of Surrey) The Holding Property: A compact 2-bedroom home sits on the fully fenced lot with mature fruit trees. It is the ideal low-maintenance rental—effectively a "detached condo" with zero strata fees—perfect for holding while waiting for permits. The Location: Unbeatable walkability for future residents. Steps to Sunridge Park, Elementary schools & transit. Builders and Investors: This is the zoning you want in the location tenants need.
Features
Storage
Garden
Open
Front Access
Shopping Nearby
Room measurements5 rooms▸
Living RoomMain · 14'9 × 11'5
KitchenMain · 11'2 × 11'3
BedroomMain · 12'0 × 9'0
BedroomMain · 11'5 × 9'8
Porch (enclosed)Main · 3'8 × 5'6
Floor plan
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Property Details
MLS NumberR3083165
Property TypeSingle Family Residence
Bedrooms2
Bathrooms1
Square Feet684
Lot Size7,122 sqft
Year Built1948
HeatingForced Air
StatusClosed
Listed ByRoyal LePage - Wolstencroft
School Catchment
ElementarySunrise Ridge
SecondaryClayton Heights
Neighbourhood
Highlighted area = this home's census tract (StatCan), the boundary the neighbourhood stats describe.
$1,200,000Median home value
$123,000Median household income
85.8%Owner-occupied
72.8%Single-detached homes
3.1Avg household size
43.6Median age
24.4%Bachelor's degree or higher (25-64)
58.3%Commute under 30 min
92.9%Drive to work
28%Foreign-born residents
7,266Neighbourhood population
Age
Under 1516.6%
15 to 6462.9%
65 and over20.5%
Household size
1 person13.3%
233.5%
317.3%
420.2%
5 or more15.8%
Language spoken at home
68% English mother tongue
Punjabi14.9%
English + other3.7%
Mandarin1.2%
German1.2%
Cantonese0.8%
Tagalog0.8%
All others9.4%
Mother tongue, share of 7,260 residents.
How this pocket differs
more seniors 65+ than Cloverdale BC 20.5% vs 14.6%
fewer people living alone than Cloverdale BC 13.3% vs 17.9%
Median household income is higher than Metro Vancouver $123,000 vs $90,000
Source: Statistics Canada, Census of Population, 2021. Reproduced and distributed on an "as is" basis with the permission of Statistics Canada.
Land & Development
Lot size7,052 sqft
Lot dimensions56 × 134 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$5,034
Mortgage payment$4,562
Property tax$372
Home insurance$100
Partner Rates Available
Contact us for preferred mortgage rates
Monthly cost
Estimated monthly$5,034
$850,000$1,150,000
8%50%
2.80%6.80%
5 years30 years
$3,558/yr$5,358/yr
$80/mo$120/mo
An estimate only. Canadian semi-annual compounding; excludes utilities, closing costs and BC property transfer tax.
5-year fixed, as of Aug 19
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