$4,344,000

8962 151 STREET

Surrey BC V3R 8Y9 - Bear Creek Green Timbers

About This Property

Must See! Approx. 7,240 SqFt rectangle lot with approx. 1,936 SqFt single family in Surrey Beer Creek Green Timber area. Month to Month tenant with approx. $2,600/month gross rent income. Potential to land assemble with neighbours for 3.15 Acres development site. Under Fleetwood NCP and 200m tier of 152nd Skytrain Station, potential for 5 FAR mixed-use…

Property Details

MLS NumberR3172624
Lot Size7,240 sqft
Days on Market1
StatusActive
Listed ByRE/MAX City Realty

School Catchment

Neighbourhood

Highlighted area = this home's census tract (StatCan), the boundary the neighbourhood stats describe.
$1,100,000Median home value
$109,000Median household income
71.9%Owner-occupied
38.9%Single-detached homes
3.7Avg household size
36Median age
29.1%Bachelor's degree or higher (25-64)
51%Commute under 30 min
81.2%Drive to work
51.9%Foreign-born residents
5,260Neighbourhood population

Age

Under 15: 16.3%15 to 64: 70.1%65 and over: 13.7%
  • Under 1516.3%
  • 15 to 6470.1%
  • 65 and over13.7%

Household size

  • 1 person10.9%
  • 223.2%
  • 316.8%
  • 420.4%
  • 5 or more28.8%

Language spoken at home

37.5% Punjabi mother tongue

  • English29.3%
  • English + other6.7%
  • Tagalog4.2%
  • Hindi3.3%
  • Vietnamese2.8%
  • Mandarin1.8%
  • All others14.4%

Mother tongue, share of 5,260 residents.

How this pocket differs

  • fewer people living alone than Bear Creek Green Timbers 10.8% vs 14%
  • more Tagalog speakers than Bear Creek Green Timbers 4.2% vs 3.2%
  • Median household income is higher than Metro Vancouver $109,000 vs $90,000

Source: Statistics Canada, Census of Population, 2021. Reproduced and distributed on an "as is" basis with the permission of Statistics Canada.

Land & Development

Lot size7,183 sqft
Lot dimensions63 × 116 ft
Lot shapeRectangular
Multi-unit potential (Bill 44 / SSMUH)
Units allowedUp to 6
Max height3 storeys
Min. setbacks4.5 / 1.5 / 1.2 mfront / side / rear
Est. buildable~7,217 sqft

Under BC's Small-Scale Multi-Unit Housing rules, this single-family lot may permit up to 6 units. These are the provincial minimums and approximate — local bylaw, servicing and lot conditions apply.

Transit-oriented potential (Bill 47 / TOA)
Transit areaTier 1within 200 m of a station
Max density5 FAR
Max height20 storeys
Est. buildable~36,087 sqft
Nearest station152 Street Station (future, ~2029)157 m away

Within a provincially designated Transit-Oriented Area, this lot may support up to 5 FAR / 20 storeys regardless of base zoning. Provincial minimums and approximate — municipal rezoning, servicing and parking standards still 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 $21,531
Mortgage payment$20,450
Property tax$646
Home insurance$435
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 Oct 1

Book a Showing