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$2,998,000

12248 97 AVENUE

Surrey BC V3V 2C9 - Cedar Hills

4 bd

2 ba

1,736 sqft

Built 1948

About This Property

Investor Alert! 21,000 Sq ft ft Cedar Hill Surrey lot offering strong redevelopment potential, possible subdivision for four duplexes, ideal for builders seeking future growth, rent income, and capital appreciation opportunity.

Features

Balcony

Detached

Room measurements12 rooms▸

Living RoomMain · 11'0 × 23'2

KitchenMain · 11'11 × 11'6

Recreation RoomMain · 9'0 × 11'6

BedroomMain · 11'5 × 13'1

PatioMain · 8'8 × 22'0

BedroomMain · 11'8 × 15'6

Living RoomBelow · 14'0 × 15'0

BedroomBelow · 9'7 × 13'0

BedroomBelow · 11'0 × 15'0

KitchenBelow · 5'6 × 10'0

Recreation RoomBelow · 11'4 × 18'6

StorageBelow · 3'11 × 18'6

Property Details

MLS NumberR3110547

Property TypeSingle Family Residence

Bedrooms4

Bathrooms2

Square Feet1,736

Lot Size21,145 sqft

Year Built1948

HeatingForced Air, Natural Gas

Days on Market134

StatusActive

Listed BySutton Group-West Coast Realty

School Catchment

Elementary Cedar Hills

Secondary L.A. Matheson View homes in catchment →

Neighbourhood

Highlighted area = this home's census tract (StatCan), the boundary the neighbourhood stats describe.

$1,200,000Median home value

$97,000Median household income

61.2%Owner-occupied

31.8%Single-detached homes

3.4Avg household size

35.6Median age

24.7%Bachelor's degree or higher (25-64)

44.1%Commute under 30 min

76.4%Drive to work

43.3%Foreign-born residents

7,954Neighbourhood population

Age

Under 1514.3%
15 to 6472.6%
65 and over13.1%

Household size

1 person17.1%
223.2%
317.9%
418.1%
5 or more23.8%

Language spoken at home

38.6% Punjabi mother tongue

English34.8%
English + other5.8%
Hindi5.4%
Tagalog2.2%
Spanish2%
Urdu0.9%
All others10.3%

Mother tongue, share of 7,935 residents.

How this pocket differs

notably more 5+ person households than North Surrey 23.8% vs 14.7%
fewer people living alone than North Surrey 17.1% vs 25%
more 4-person households than North Surrey 18.1% vs 15%
notably more Punjabi speakers than North Surrey 38.6% vs 12.4%
notably more Hindi speakers than North Surrey 5.4% vs 2.6%

Source: Statistics Canada, Census of Population, 2021. Reproduced and distributed on an "as is" basis with the permission of Statistics Canada.

Land & Development

ZoningR3Bylaw (PDF) ↗

Lot size21,516 sqft

Lot dimensions78 × 277 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~21,620 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.