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$1,389,888

14648 88 AVENUE

Surrey BC V3S 2S3 - Bear Creek Green Timbers
11 bd
5 ba
3,965 sqft
Built 1990

About This Property

Prime investment property in Bear Creek, Surrey BC. This Surrey rental income property generates $8,300/month on a large 7,750 sq ft lot with rear lane access. Cash flow from day one with future redevelopment potential — You could build 2 large duplexes each with legal suites under Surrey's current zoning bylaws. Located in the highly desirable Bear Creek,…

Features

Balcony
Private Yard
Additional Parking
Garage Double
Open
Rear Access
Concrete
Shopping Nearby
Room measurements23 rooms
Flex RoomMain · 11'0 × 17'5
Living RoomMain · 14'4 × 5'4
KitchenMain · 10'4 × 4'0
BedroomMain · 14'4 × 9'1
BedroomMain · 14'4 × 11'10
Living RoomMain · 8'9 × 14'4
KitchenMain · 5'9 × 11'4
BedroomMain · 14'8 × 9'1
BedroomMain · 14'8 × 12'1
BedroomMain · 10'10 × 9'10
LaundryMain · 7'3 × 15'1
Living RoomAbove · 14'7 × 15'10
KitchenAbove · 11'8 × 12'2
Dining RoomAbove · 13'3 × 8'2
PatioAbove · 24'5 × 12'5
Primary BedroomAbove · 14'6 × 12'1
Walk-In ClosetAbove · 5'3 × 4'1
BedroomAbove · 10'8 × 13'6
BedroomAbove · 14'6 × 11'5
BedroomAbove · 10'6 × 9'2
PatioAbove · 3'9 × 9'2
BedroomAbove · 14'7 × 15'10
BedroomAbove · 11'8 × 10'8

Property Details

MLS NumberR3129079
Property TypeSingle Family Residence
Bedrooms11
Bathrooms5
Square Feet3,965
Lot Size7,750 sqft
Year Built1990
Parking Spaces2
HeatingBaseboard, Hot Water, Natural Gas
StatusPending
Listed ByStonehaus Realty Corp.

School Catchment

Elementary Brookside
Secondary Enver Creek

Neighbourhood

Highlighted area = this home's census tract (StatCan), the boundary the neighbourhood stats describe.
$1,200,000Median home value
$114,000Median household income
72.2%Owner-occupied
52.7%Single-detached homes
3.7Avg household size
37.6Median age
28.2%Bachelor's degree or higher (25-64)
48.4%Commute under 30 min
85.9%Drive to work
49.5%Foreign-born residents
4,903Neighbourhood population

Age

Under 15: 16.5%15 to 64: 69.7%65 and over: 13.8%
  • Under 1516.5%
  • 15 to 6469.7%
  • 65 and over13.8%

Household size

  • 1 person11.4%
  • 221.6%
  • 317.8%
  • 418.6%
  • 5 or more30.7%

Language spoken at home

38.2% Punjabi mother tongue

  • English32.9%
  • English + other6.2%
  • Hindi4.3%
  • Vietnamese3.6%
  • Tagalog2.1%
  • Spanish1.3%
  • All others11.4%

Mother tongue, share of 4,905 residents.

How this pocket differs

  • notably more Vietnamese speakers than Bear Creek Green Timbers 3.6% vs 2.4%
  • Median household income is higher than Metro Vancouver $114,000 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 size7,665 sqft
Lot dimensions59 × 131 ft
Lot shapeRectangular
Gradegentle

Ground rises about 2.9 m from front to back (7.3% grade).

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 $7,120
Mortgage payment$6,341
Property tax$640
Home insurance$140
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 19

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