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$974,900

14086 72 AVENUE

Surrey BC V3W 2P8 - East Newton

4 bd

1.5 ba

1,240 sqft

Built 1960

About This Property

BUILDERS, INVESTORS & DEVELOPERS ALERT! Prime 7,200 sq. ft. lot with REAR LANE access in the heart of Newton. Zoned R3 with potential for up to 4 dwelling units under current provincial housing legislation (verify with the City of Surrey), offering exceptional redevelopment and investment potential. The property currently features a 4-bedroom rancher and…

Features

Open

Front Access

Lane Access

Shopping Nearby

Room measurements7 rooms▸

Living RoomMain · 11' × 18'4

KitchenMain · 10'9 × 13'

BedroomMain · 9'5 × 11'5

BedroomMain · 9'3 × 10'8

BedroomMain · 10'9 × 12'8

BedroomMain · 7'4 × 8'

LaundryMain · 9'7 × 11'6

Property Details

MLS NumberR3136620

Property TypeSingle Family Residence

Bedrooms4

Bathrooms1.5

Square Feet1,240

Lot Size7,200 sqft

Year Built1960

HeatingForced Air

Days on Market93

StatusActive

Listed ByRE/MAX Elevate Realty

School Catchment

Elementary Georges Vanier

Secondary Frank Hurt View homes in catchment →

Neighbourhood

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

$600,000Median home value

$76,000Median household income

62.7%Owner-occupied

12.3%Single-detached homes

2.9Avg household size

40.4Median age

24.7%Bachelor's degree or higher (25-64)

44.4%Commute under 30 min

80.2%Drive to work

41.4%Foreign-born residents

5,616Neighbourhood population

Age

Under 1516.1%
15 to 6461.1%
65 and over22.8%

Household size

1 person26.4%
228.5%
313.1%
414.4%
5 or more17.6%

Language spoken at home

38.9% English mother tongue

Punjabi34.2%
English + other6.9%
Hindi3.5%
Spanish1.7%
Urdu1.7%
Tagalog1.5%
All others11.6%

Mother tongue, share of 5,505 residents.

How this pocket differs

notably more seniors 65+ than East Newton 22.8% vs 14.5%
notably more people living alone than East Newton 26.4% vs 17.5%
fewer 5+ person households than East Newton 17.6% vs 25.1%
fewer 4-person households than East Newton 14.4% vs 18.7%
Median dwelling value is notably lower than Metro Vancouver $600,000 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

ZoningR3Bylaw (PDF) ↗

Lot size7,144 sqft

Lot dimensions60 × 120 ft

Lot shapeRectangular

Gradeflat

Essentially flat lot (about 0.4 m of relief corner to corner).

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~7,178 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.