$2,500,000

10957 UNIVERSITY DRIVE

Surrey BC V3T 3Z4 - Whalley
3 bd
2 ba
2,140 sqft
Built 1959

About This Property

High-density development site in Surrey City Centre. Steps from Gateway SkyTrain. Designated High Rise Residential with 5.5 FAR as-of-right with potential for up to 7.5 FAR. Part of a 6-lot assembly with a total site area of 1.4 Acres (60,152 SF) in Metro Vancouver's fastest-growing downtown. Call now for more information.

Features

No Outdoor Area
Other
Room measurements6 rooms
Living RoomMain · 14' × 12'
Dining RoomMain · 13' × 10'
KitchenMain · 10' × 9'
Primary BedroomAbove · 16' × 10'
BedroomAbove · 11' × 9'
BedroomAbove · 11' × 8'

Property Details

MLS NumberR3101214
Property TypeSingle Family Residence
Bedrooms3
Bathrooms2
Square Feet2,140
Lot Size10,023 sqft
Year Built1959
HeatingForced Air
Days on Market156
StatusActive
Listed ByMacdonald Commercial Real Estate Services Ltd.

School Catchment

Elementary Theresa Clarke Elementary
Secondary Kwantlen Park View homes in catchment →

Neighbourhood

Highlighted area = this home's census tract (StatCan), the boundary the neighbourhood stats describe.
$472,000Median home value
$63,600Median household income
56%Owner-occupied
11.6%Single-detached homes
2.3Avg household size
40Median age
31.4%Bachelor's degree or higher (25-64)
32.8%Commute under 30 min
62.1%Drive to work
52.5%Foreign-born residents
2,917Neighbourhood population

Age

Under 15: 13%15 to 64: 69.5%65 and over: 17.5%
  • Under 1513%
  • 15 to 6469.5%
  • 65 and over17.5%

Household size

  • 1 person39.2%
  • 228.3%
  • 315%
  • 410%
  • 5 or more7.5%

Language spoken at home

44.1% English mother tongue

  • Punjabi6.2%
  • English + other5.7%
  • Mandarin5.5%
  • Tagalog5.5%
  • Spanish3.3%
  • Cantonese3.1%
  • All others26.6%

Mother tongue, share of 2,730 residents.

How this pocket differs

  • more seniors 65+ than Whalley 17.5% vs 12.4%
  • fewer Punjabi speakers than Whalley 6.2% vs 9%
  • more Spanish speakers than Whalley 3.3% vs 2.5%
  • fewer Tagalog speakers than Whalley 5.5% vs 7.2%
  • more Korean speakers than Whalley 3.1% vs 2.5%
  • Median household income is lower than Metro Vancouver $63,600 vs $90,000
  • Median dwelling value is notably lower than Metro Vancouver $472,000 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 size9,944 sqft
Lot dimensions76 × 131 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~9,991 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.

Transit-oriented potential (Bill 47 / TOA)
Transit areaTier 3within 800 m of a station
Max density3 FAR
Max height8 storeys
Est. buildable~29,974 sqft
Nearest stationGateway Station739 m away

Within a provincially designated Transit-Oriented Area, this lot may support up to 3 FAR / 8 storeys regardless of base zoning. Provincial minimums and approximate — municipal rezoning, servicing and parking standards still 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 $13,092
Mortgage payment$11,417
Property tax$1,426
Home insurance$250
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 17

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