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$899,000

12821 114 AVENUE

Surrey BC V3R 2L2 - Bridgeview
3 bd
2 ba
1,240 sqft
Built 1948

About This Property

Investor's alert!!! 2 bedroom + 1 bedroom rental suite with lots of potential for holding. This home sits on 2 lots with a bright south facing front yard. Each lot is 2500 sf. and adds up to a total of 5000 sf. The backyard is fenced and quiet. Perfect for holding and building 1 or 2 homes later. Enquire at the City about your building options. Location is…

Features

Storage
Garden
Garage Single
RV Access/Parking
Front Access
Room measurements7 rooms
Living RoomMain · 9'5 × 14'5
KitchenMain · 11'5 × 13'5
BedroomMain · 11' × 12'
BedroomMain · 9' × 11'7
KitchenMain · 6' × 7'
BedroomMain · 11' × 12'
AtticAbove · 8' × 24'

Property Details

MLS NumberR2930519
Property TypeSingle Family Residence
Bedrooms3
Bathrooms2
Square Feet1,240
Lot Size5,000 sqft
Year Built1948
Parking Spaces1
HeatingElectric
StatusClosed
Listed ByMultiple Realty Ltd.

School Catchment

Neighbourhood

Highlighted area = this home's census tract (StatCan), the boundary the neighbourhood stats describe.
$900,000Median home value
$85,000Median household income
63.9%Owner-occupied
44.9%Single-detached homes
3.1Avg household size
38.8Median age
21.7%Bachelor's degree or higher (25-64)
37.4%Commute under 30 min
74.2%Drive to work
44.3%Foreign-born residents
4,856Neighbourhood population

Age

Under 15: 14.7%15 to 64: 72.5%65 and over: 12.8%
  • Under 1514.7%
  • 15 to 6472.5%
  • 65 and over12.8%

Household size

  • 1 person22.7%
  • 225.7%
  • 315.5%
  • 414.8%
  • 5 or more21.4%

Language spoken at home

44.6% English mother tongue

  • Punjabi16.6%
  • English + other6.1%
  • Tagalog5.3%
  • Hindi3.9%
  • Vietnamese3.1%
  • Cantonese2.9%
  • All others17.5%

Mother tongue, share of 4,735 residents.

How this pocket differs

  • more 5+ person households than North Surrey 21.3% vs 14.7%
  • notably more Hindi speakers than North Surrey 3.9% vs 2.6%
  • more Vietnamese speakers than North Surrey 3.1% vs 2.1%
  • more Punjabi speakers than North Surrey 16.6% vs 12.4%

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

Land & Development

Lot size2,480 sqft
Lot dimensions25 × 99 ft
Lot shapeRectangular
Multi-unit potential (Bill 44 / SSMUH)
Units allowedUp to 3
Max height3 storeys
Min. setbacks4.5 / 1.5 / 1.2 mfront / side / rear
Est. buildable~2,492 sqft

Under BC's Small-Scale Multi-Unit Housing rules, this single-family lot may permit up to 3 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 $4,537
Mortgage payment$4,146
Property tax$301
Home insurance$90
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 3

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