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$5,999,000

12866 56 AVENUE

Surrey BC V3X 2Y9 - Panorama Ridge

5 bd

3 ba

2,763 sqft

Built 1970

About This Property

Rare 2.34-acre parcel in Panorama Ridge with subdivision potential! This duplex-style property includes an attached secondary suite. Services accessible from the front on 56 Avenue, with a future back lane planned for additional access. Please do not disturb tenants. A unique investment opportunity in a highly desirable area. Contact listing agent for more…

Features

Carport Single

Open

Front Access

Room measurements9 rooms▸

BedroomMain · 11'0 × 12'0

Primary BedroomMain · 14'0 × 18'4

Living RoomMain · 16'10 × 18'6

KitchenMain · 9'9 × 13'10

Dining RoomMain · 11'0 × 15'7

BedroomMain · 9'0 × 10'0

BedroomMain · 10'0 × 10'0

Primary BedroomAbove · 14'0 × 22'0

DenAbove · 9'0 × 9'0

Property Details

MLS NumberR3111036

Property TypeSingle Family Residence

Bedrooms5

Bathrooms3

Square Feet2,763

Lot Size101,930.4 sqft

Year Built1970

Parking Spaces10

HeatingHot Water, Natural Gas

Days on Market119

StatusActive

Listed ByLPT Realty ULC

School Catchment

Elementary Colebrook

Secondary Panorama Ridge View homes in catchment →

Neighbourhood

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

$2,000,000Median home value

$156,000Median household income

74.4%Owner-occupied

81.8%Single-detached homes

3.5Avg household size

48Median age

33.3%Bachelor's degree or higher (25-64)

58.3%Commute under 30 min

90%Drive to work

36.3%Foreign-born residents

1,546Neighbourhood population

Age

Under 1510.7%
15 to 6467.6%
65 and over21.7%

Household size

1 person9.1%
230.7%
317%
415.9%
5 or more27.3%

Language spoken at home

46% English mother tongue

Punjabi34%
English + other5.2%
Mandarin3.2%
Cantonese1.9%
Spanish1.3%
Hindi1.3%
All others7.1%

Mother tongue, share of 1,545 residents.

How this pocket differs

fewer children under 15 than Panorama Ridge 10.7% vs 15.5%
more seniors 65+ than Panorama Ridge 21.7% vs 17%
fewer people living alone than Panorama Ridge 9.1% vs 13.3%
fewer 4-person households than Panorama Ridge 15.9% vs 20.1%
notably more Mandarin speakers than Panorama Ridge 3.2% vs 1.7%
Median household income is notably higher than Metro Vancouver $156,000 vs $90,000
Median dwelling value is notably higher than Metro Vancouver $2,000,000 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

ZoningR1Bylaw (PDF) ↗

Lot size101,472 sqft

Lot dimensions168 × 607 ft

Lot shapeRectangular

Gradegentle

Ground rises about 10.2 m from front to back (5.5% grade).

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.