$998,000

12627 58 AVENUE

Surrey BC V3X 2P5 - Panorama Ridge
4 bd
2.5 ba
2,103 sqft
Built 1970

About This Property

Best-priced opportunity on a nearly 8,000 sqft lot in a prime Surrey location. This basement-entry home features 3 bedrooms and 2 bathrooms on the main floor, plus a 1-bedroom suite below. The basement is currently rented for $1,600 per month on a month-to-month basis, offering immediate rental income. The spacious backyard includes a large deck and…

Features

Balcony
Additional Parking
Garage Single
Front Access
Shopping Nearby
Room measurements9 rooms
Living RoomMain · 13'6 × 17'6
Dining RoomMain · 10'1 × 10'4
KitchenMain · 8' × 9'
Primary BedroomMain · 12' × 14'
BedroomMain · 9' × 10'
BedroomMain · 10' × 11'
Living RoomBsmt · 14' × 18'
KitchenBsmt · 8' × 13'
BedroomBsmt · 10' × 14'

Property Details

MLS NumberR3123774
Property TypeSingle Family Residence
Bedrooms4
Bathrooms2.5
Square Feet2,103
Lot Size7,937 sqft
Year Built1970
Parking Spaces1
HeatingForced Air
Days on Market97
StatusActive
Listed BySutton Group-West Coast Realty

School Catchment

Neighbourhood

Highlighted area = this home's census tract (StatCan), the boundary the neighbourhood stats describe.
$1,400,000Median home value
$118,000Median household income
71.6%Owner-occupied
38.6%Single-detached homes
3.6Avg household size
38Median age
33%Bachelor's degree or higher (25-64)
55.9%Commute under 30 min
90%Drive to work
50.6%Foreign-born residents
5,410Neighbourhood population

Age

Under 15: 15.7%15 to 64: 68%65 and over: 16.3%
  • Under 1515.7%
  • 15 to 6468%
  • 65 and over16.3%

Household size

  • 1 person10.4%
  • 223.5%
  • 315.4%
  • 423.8%
  • 5 or more26.8%

Language spoken at home

48% Punjabi mother tongue

  • English28%
  • English + other7.1%
  • Hindi4.3%
  • Mandarin2.1%
  • Urdu1.7%
  • Cantonese0.8%
  • All others8%

Mother tongue, share of 5,410 residents.

How this pocket differs

  • fewer people living alone than Panorama Ridge 10.4% vs 13.3%
  • Median household income is higher than Metro Vancouver $118,000 vs $90,000
  • Median dwelling value is higher than Metro Vancouver $1,400,000 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 size7,334 sqft
Lot dimensions62 × 119 ft
Lot shapeRectangular
Gradegentle

Ground rises about 0.7 m across the lot, side to side (3.7% grade).

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~7,370 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 $5,026
Mortgage payment$4,522
Property tax$404
Home insurance$100
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 13

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