$4,500,000

12921 56 AVENUE

Surrey BC V3W 2P4 - Panorama Ridge
5 bd
3 ba
3,380 sqft
Built 1935

About This Property

SUBDIVISION POTENTIAL – APPROX. 3 LOTS! Rare opportunity to own 1.61 acres in prestigious Panorama Ridge. Zoned R1 (½ Acre Residential) with Suburban 1 OCP designation, offering potential for an approximate 3-lot subdivision (buyer to verify with City of Surrey). Features 2 road frontages, city water, and sewer at 56 Ave. The existing 3,400 sq. ft.…

Features

Private Yard
Garage Double
Room measurements12 rooms
Living RoomMain · 15' × 22'
Dining RoomMain · 12' × 16'
KitchenMain · 9'6 × 14'
NookMain · 6'6 × 9'6
OtherMain · 11'7 × 14'5
UtilityMain · 11'3 × 22'
FoyerMain · 5'6 × 7'6
Primary BedroomMain · 21'5 × 24'
BedroomMain · 12' × 14'6
BedroomMain · 12' × 13'
BedroomMain · 12' × 13'6
BedroomMain · 12' × 15'8

Property Details

MLS NumberR3150097
Property TypeSingle Family Residence
Bedrooms5
Bathrooms3
Square Feet3,380
Lot Size70,131.6 sqft
Year Built1935
Parking Spaces2
HeatingNatural Gas
Days on Market44
StatusActive
Listed ByRE/MAX Treeland Realty

School Catchment

Neighbourhood

Highlighted area = this home's census tract (StatCan), the boundary the neighbourhood stats describe.
$1,300,000Median home value
$116,000Median household income
69.8%Owner-occupied
46.2%Single-detached homes
3.6Avg household size
36Median age
31.3%Bachelor's degree or higher (25-64)
54.2%Commute under 30 min
89.4%Drive to work
51.1%Foreign-born residents
4,690Neighbourhood population

Age

Under 15: 17.9%15 to 64: 70.3%65 and over: 11.8%
  • Under 1517.9%
  • 15 to 6470.3%
  • 65 and over11.8%

Household size

  • 1 person14.4%
  • 217.5%
  • 317.9%
  • 422.1%
  • 5 or more28.1%

Language spoken at home

44.3% Punjabi mother tongue

  • English30.7%
  • English + other8.3%
  • Hindi3.3%
  • Urdu2.1%
  • Tagalog2%
  • Arabic0.7%
  • All others8.6%

Mother tongue, share of 4,690 residents.

How this pocket differs

  • fewer seniors 65+ than Panorama Ridge 11.8% vs 17%
  • Median household income is higher than Metro Vancouver $116,000 vs $90,000
  • Median dwelling value is higher than Metro Vancouver $1,300,000 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 size69,480 sqft
Lot dimensions109 × 641 ft
Lot shapeRectangular
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.

Recent nearby sales

Sold prices are available to registered users. Log in to see what these sold for.

Monthly Cost Calculator

Estimated monthly cost $22,296
Mortgage payment$20,733
Property tax$1,113
Home insurance$450
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 4

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