$3,599,000

12640 OLD YALE ROAD

Surrey BC V3V 3Y2 - Cedar Hills
4 bd
2 ba
2,758 sqft
Built 1938

About This Property

This expansive 39,589 sq. ft. property is designated under the South Westminster Heights Neighbourhood Concept Plan (NCP), offering exceptional development potential. Buyers may apply for an NCP amendment and increased Floor Space Ratio (FSR), creating significant upside for future redevelopment. Located in a prime central Surrey location, this is a rare…

Features

Storage
Balcony
Additional Parking
Open
RV Access/Parking
Front Access
Shopping Nearby
Room measurements10 rooms
Living RoomMain · 12' × 12'9
Dining RoomMain · 11'8 × 12'8
KitchenMain · 11'1 × 13'
Family RoomMain · 9'8 × 17'
BedroomMain · 11' × 12'
DenMain · 10' × 17'1
Primary BedroomAbove · 20' × 21'
BedroomAbove · 10' × 17'
BedroomAbove · 10'1 × 13'7
OtherAbove · 14'7 × 15'

Property Details

MLS NumberR3082905
Property TypeSingle Family Residence
Bedrooms4
Bathrooms2
Square Feet2,758
Lot Size39,589 sqft
Year Built1938
HeatingForced Air, Natural Gas
Days on Market214
StatusActive
Listed ByCentury 21 Coastal Realty Ltd.

School Catchment

Neighbourhood

Highlighted area = this home's census tract (StatCan), the boundary the neighbourhood stats describe.
$1,200,000Median home value
$93,000Median household income
53.8%Owner-occupied
39.2%Single-detached homes
3.3Avg household size
34.4Median age
25.8%Bachelor's degree or higher (25-64)
46.1%Commute under 30 min
75%Drive to work
45.8%Foreign-born residents
6,847Neighbourhood population

Age

Under 15: 14.8%15 to 64: 72.4%65 and over: 12.8%
  • Under 1514.8%
  • 15 to 6472.4%
  • 65 and over12.8%

Household size

  • 1 person19.2%
  • 223.1%
  • 317.5%
  • 416.5%
  • 5 or more23.6%

Language spoken at home

39% Punjabi mother tongue

  • English34%
  • English + other6.4%
  • Hindi3.5%
  • Tagalog2.3%
  • Arabic2%
  • Urdu1.2%
  • All others11.6%

Mother tongue, share of 6,830 residents.

How this pocket differs

  • notably more 5+ person households than North Surrey 23.5% vs 14.7%
  • fewer people living alone than North Surrey 19.1% vs 25%
  • notably more Punjabi speakers than North Surrey 39% vs 12.4%
  • more Hindi speakers than North Surrey 3.5% 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

Lot size39,442 sqft
Lot dimensions97 × 252 ft
Lot shapeIrregular
Multi-unit potential (Bill 44 / SSMUH)
Units allowedUp to 6
Max height3 storeys
Min. setbacks4.5 / 1.5 / 1.2 mfront / side / rear
Est. buildable~39,632 sqft

Under BC's Small-Scale Multi-Unit Housing rules, this single-family lot may permit up to 6 units. These are the provincial minimums and approximate — local bylaw, servicing and lot conditions apply.

Transit-oriented potential (Bill 47 / TOA)
Transit areaTier 2within 400 m of a station
Max density4 FAR
Max height12 storeys
Est. buildable~158,526 sqft
Nearest stationScott Road Station371 m away

Within a provincially designated Transit-Oriented Area, this lot may support up to 4 FAR / 12 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 $17,206
Mortgage payment$16,290
Property tax$556
Home insurance$360
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 25

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