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$1,248,000

10721 157 STREET

Surrey BC V4N 1K2 - Fraser Heights

About This Property

Discover this amazing opportunity! Level lot nestled among upscale homes in the heart of coveted Fraser Heights. Situated on a tranquil, tree-lined street, it offers convenient access to shopping, schools, and transportation. Please note, all offers must remain open for "Government Trustee Approval" within 10 working days of the buyer's subjects being…

Property Details

MLS NumberR2918364
Lot Size5,843 sqft
StatusClosed
Listed ByMacdonald Realty

School Catchment

Neighbourhood

Highlighted area = this home's census tract (StatCan), the boundary the neighbourhood stats describe.
$1,350,000Median home value
$112,000Median household income
73.8%Owner-occupied
53.4%Single-detached homes
3.5Avg household size
38.4Median age
39.5%Bachelor's degree or higher (25-64)
48.2%Commute under 30 min
85.4%Drive to work
51.9%Foreign-born residents
3,320Neighbourhood population

Age

Under 15: 18.3%15 to 64: 70.3%65 and over: 11.5%
  • Under 1518.3%
  • 15 to 6470.3%
  • 65 and over11.5%

Household size

  • 1 person10.6%
  • 221.8%
  • 319.1%
  • 422.9%
  • 5 or more25.5%

Language spoken at home

37.8% English mother tongue

  • Mandarin15.4%
  • Punjabi9.5%
  • Korean6.6%
  • English + other5.1%
  • Cantonese4.5%
  • Vietnamese2.9%
  • All others18.2%

Mother tongue, share of 3,320 residents.

How this pocket differs

  • fewer seniors 65+ than Fraser Heights 11.4% vs 14.3%
  • more 5+ person households than Fraser Heights 25.3% vs 20.3%
  • more Punjabi speakers than Fraser Heights 9.5% vs 6.6%
  • more Cantonese speakers than Fraser Heights 4.5% vs 3.5%
  • Median household income is higher than Metro Vancouver $112,000 vs $90,000
  • Median dwelling value is higher than Metro Vancouver $1,350,000 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.

Sales History

DateSale Price
Oct 24, 2024$1,140,000

Source: BC Assessment (public records).

Land & Development

Lot size8,596 sqft
Lot dimensions65 × 134 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~8,638 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 $6,189
Mortgage payment$5,722
Property tax$342
Home insurance$125
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 Sep 1

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