$2,225,000

12982 57B AVENUE

Surrey BC V3X 2P8 - Panorama Ridge

About This Property

Rare opportunity to build a landmark estate in prestigious Panorama Ridge. This 28,000 sq. ft. fully serviced, ready-to-build lot features over 100 feet of frontage and a south-facing backyard. Build a custom home of over 13,000 sq. ft. on three levels with a walk-out basement. A new build may also offer potential second-level ocean views (buyer to verify…

Property Details

MLS NumberR3151138
Lot Size28,019 sqft
Days on Market24
StatusActive
Listed ByMedallion International Realty Ltd.

School Catchment

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 size27,823 sqft
Lot dimensions102 × 292 ft
Lot shapeRectangular
Multi-unit potential (Bill 44 / SSMUH)
Units allowedUp to 4
Max height3 storeys
Min. setbacks4.5 / 1.5 / 1.2 mfront / side / rear
Est. buildable~27,957 sqft

Under BC's Small-Scale Multi-Unit Housing rules, this single-family lot may permit up to 4 units. These are the provincial minimums and approximate — local bylaw, servicing and lot conditions apply.

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 $11,044
Mortgage payment$10,201
Property tax$623
Home insurance$220
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 20

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