$2,980,000

5567 -5577 KING GEORGE BOULEVARD

Surrey BC V3X 3G1 - Panorama Ridge
4 bd
4 ba
3,563 sqft
Built 1946

About This Property

Nearly 1 acre across two adjacent parcels in desirable Panorama Ridge. The value is in the land, with redevelopment potential in a Frequent Bus Stop Area, stormwater infrastructure in place, sewer access on Trites Road, and possible water views. Buyers to confirm development potential with the City of Surrey. To be sold with adjacent 5587 King George…

Features

Garden
Balcony
Private Yard
Tandem
Open
Front Access
Asphalt
Room measurements9 rooms▸
Living RoomMain · 12' × 23'
KitchenMain · 10' × 11'
Eating AreaMain · 11' × 11'
Primary BedroomMain · 11' × 16'
BedroomMain · 12' × 13'
BedroomMain · 8' × 9'
Living RoomAbove · 11' × 14'
KitchenAbove · 13' × 14'
BedroomAbove · 9' × 14'

Property Details

MLS NumberR3169770
Property TypeSingle Family Residence
Bedrooms4
Bathrooms4
Square Feet3,563
Lot Size42,403 sqft
Year Built1946
Parking Spaces2
HeatingBaseboard, Forced Air, Natural Gas
Days on Market2
StatusActive
Listed ByLuxmore Realty

School Catchment

Neighbourhood

Highlighted area = this home's census tract (StatCan), the boundary the neighbourhood stats describe.
$1,300,000Median home value
$114,000Median household income
69%Owner-occupied
29.1%Single-detached homes
3.4Avg household size
35.6Median age
37.7%Bachelor's degree or higher (25-64)
50.4%Commute under 30 min
84.8%Drive to work
47.2%Foreign-born residents
6,811Neighbourhood population

Age

Under 15: 16.1%15 to 64: 72.2%65 and over: 11.7%
  • Under 1516.1%
  • 15 to 6472.2%
  • 65 and over11.7%

Household size

  • 1 person14.2%
  • 223.3%
  • 318.6%
  • 422%
  • 5 or more22%

Language spoken at home

36.2% English mother tongue

  • Punjabi36.2%
  • English + other7.1%
  • Hindi3.4%
  • Tagalog2.6%
  • Urdu1.3%
  • Mandarin1.2%
  • All others12%

Mother tongue, share of 6,525 residents.

How this pocket differs

  • fewer children under 15 than Sullivan Station 16.1% vs 20.8%
  • more seniors 65+ than Sullivan Station 11.7% vs 9.3%
  • more Punjabi speakers than Sullivan Station 36.2% vs 27.5%
  • Median household income is higher than Metro Vancouver $114,000 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 size29,515 sqft
Lot dimensions89 × 346 ft
Lot shapeRectangular
Grademoderate

Ground rises about 12.1 m from front to back (12.4% grade).

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~29,656 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 $15,295
Mortgage payment$14,124
Property tax$871
Home insurance$300
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 23

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