$1,199,000

5331 188 STREET

Surrey BC V3S 8E5 - Cloverdale BC

About This Property

An incredible opportunity to build on this spacious 12,539 sq. ft. lot located on a quiet street in Cloverdale. Perfectly situated near schools, major routes, shopping, and recreational facilities, this property offers the ideal blend of convenience and tranquility. Whether you’re looking to build your dream home or create side-by-side residences for family…

Features

Private Yard

Property Details

MLS NumberR3156961
Lot Size12,539 sqft
Days on Market12
StatusActive
Listed ByPlanet Group Realty Inc.

School Catchment

Neighbourhood

Highlighted area = this home's census tract (StatCan), the boundary the neighbourhood stats describe.
$1,600,000Median home value
$127,000Median household income
69.1%Owner-occupied
46.4%Single-detached homes
3.5Avg household size
40Median age
25.6%Bachelor's degree or higher (25-64)
61.9%Commute under 30 min
90.7%Drive to work
38.6%Foreign-born residents
2,946Neighbourhood population

Age

Under 15: 16.1%15 to 64: 66%65 and over: 17.8%
  • Under 1516.1%
  • 15 to 6466%
  • 65 and over17.8%

Household size

  • 1 person13.7%
  • 225.6%
  • 317.3%
  • 416.1%
  • 5 or more27.4%

Language spoken at home

51.1% English mother tongue

  • Punjabi29.6%
  • English + other5.5%
  • Spanish1.7%
  • Mandarin1.5%
  • Hindi1%
  • Urdu1%
  • All others8.6%

Mother tongue, share of 2,935 residents.

How this pocket differs

  • more seniors 65+ than Cloverdale BC 17.8% vs 14.6%
  • notably more 5+ person households than Cloverdale BC 27.4% vs 16.9%
  • fewer people living alone than Cloverdale BC 13.7% vs 17.9%
  • fewer 4-person households than Cloverdale BC 16.1% vs 20.7%
  • notably more Punjabi speakers than Cloverdale BC 29.6% vs 14.1%
  • Median household income is higher than Metro Vancouver $127,000 vs $90,000
  • Median dwelling value is notably higher than Metro Vancouver $1,600,000 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

Lot size9,978 sqft
Lot dimensions78 × 128 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~10,026 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 $5,973
Mortgage payment$5,503
Property tax$350
Home insurance$120
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 21

Book a Showing