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$1,488,000

5920 131 STREET

Surrey BC V3X 0G4 - Panorama Ridge

8 bd

6.5 ba

3,300 sqft

Built 2015

About This Property

Income-producing opportunity in Panorama Ridge! This custom-built 2015 home offers approx. 3,300 sqft. of living space with 8 bedrooms and 7 bathrooms on a 3,534 sqft. lot. Featuring three separate living spaces—a spacious 4-bedroom main residence, 3-bedroom basement suite and separate 1-bedroom coach home—all currently rented, generating approx.…

Features

Playground

Private Yard

Additional Parking

Detached

Rear Access

Concrete

Room measurements20 rooms▸

Living RoomMain · 15'5 × 18'4

KitchenMain · 8'8 × 21'6

Dining RoomMain · 8'6 × 11'1

OfficeMain · 11'3 × 11'3

FoyerMain · 6'8 × 7'5

Porch (enclosed)Main · 5'10 × 21'5

PatioMain · 7' × 15'2

PatioBsmt · 6' × 11'1

Living RoomBsmt · 11'2 × 13'3

KitchenBsmt · 8'4 × 13'3

Primary BedroomBsmt · 10'6 × 16'2

BedroomBsmt · 8'8 × 9'9

BedroomBsmt · 8'11 × 10'2

Primary BedroomAbove · 12'1 × 14'

BedroomAbove · 9'6 × 10'

BedroomAbove · 9'1 × 10'6

BedroomAbove · 9'10 × 11'3

BedroomBelow · 9'3 × 11'0

KitchenBelow · 6'6 × 14'0

Living RoomBelow · 10'9 × 11'5

Property Details

MLS NumberR3171218

Property TypeSingle Family Residence

Bedrooms8

Bathrooms6.5

Square Feet3,300

Lot Size3,533.86 sqft

Year Built2015

Parking Spaces2

HeatingForced Air

Days on Market0

StatusActive

Listed ByYPA Your Property Agent

School Catchment

Elementary Panorama Park

Secondary Panorama Ridge View homes in 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 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

ZoningR5Bylaw (PDF) ↗

Lot size3,506 sqft

Lot dimensions29 × 121 ft

Lot shapeRectangular

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~3,523 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.