$1,399,000

15023 72 AVENUE

Surrey BC V3S 2G3 - East Newton
3 ba
3,624 sqft
Built 1967

About This Property

LAND VALUE OPPORTUNITY IN THE CHIMNEY HEIGHTS AREA - Exceptional opportunity to acquire a prime 20,342 sq. ft. R1-Zoned property in a highly desirable Surrey neighborhood, close to shopping, parks, schools and public transportation. The existing residence sustained fire damage and is uninhabitable. The property is being offer primarily for land value. The…

Features

Balcony
Open
Room measurements1 rooms
Living RoomMain · 12'7 × 15'2

Property Details

MLS NumberR3149937
Property TypeSingle Family Residence
Bathrooms3
Square Feet3,624
Lot Size20,342 sqft
Year Built1967
HeatingElectric, Forced Air, Natural Gas
Days on Market36
StatusActive
Listed ByMacdonald Realty (Surrey/152)

School Catchment

Neighbourhood

Highlighted area = this home's census tract (StatCan), the boundary the neighbourhood stats describe.
$1,500,000Median home value
$113,000Median household income
71.4%Owner-occupied
31.7%Single-detached homes
3.6Avg household size
38Median age
35.4%Bachelor's degree or higher (25-64)
54.2%Commute under 30 min
89.7%Drive to work
48.1%Foreign-born residents
3,013Neighbourhood population

Age

Under 15: 16.4%15 to 64: 67.7%65 and over: 15.9%
  • Under 1516.4%
  • 15 to 6467.7%
  • 65 and over15.9%

Household size

  • 1 person13.2%
  • 221.6%
  • 317.4%
  • 419.8%
  • 5 or more28.1%

Language spoken at home

43.6% Punjabi mother tongue

  • English30.8%
  • English + other7.1%
  • Hindi3.2%
  • Tagalog2.2%
  • Vietnamese2%
  • Urdu1.5%
  • All others9.6%

Mother tongue, share of 3,015 residents.

How this pocket differs

  • fewer people living alone than East Newton 13.3% vs 17.5%
  • Median household income is higher than Metro Vancouver $113,000 vs $90,000
  • Median dwelling value is higher than Metro Vancouver $1,500,000 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 size20,141 sqft
Lot dimensions78 × 156 ft
Lot shapeIrregular
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~20,238 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.

Monthly Cost Calculator

Estimated monthly cost $7,095
Mortgage payment$6,408
Property tax$548
Home insurance$140
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 28

Book a Showing