$2,988,000

5573 125A STREET

Surrey BC V3X 1W4 - Panorama Ridge
5 bd
6.5 ba
4,600 sqft
Built 2023

About This Property

Located in desirable Panorama Ridge, this custom home offers an open-concept main floor with a grand entry, formal living and dining areas with wine rack, spacious family room with vaulted ceilings, stunning floating staircase, gourmet kitchen plus spice kitchen, mudroom with sink, and an office with full bath and separate entrance. Includes a legal…

Features

Guest Suite
Storage
Central Vacuum Roughed In
Wet Bar
Private Yard
Garage Double
Front Access
Concrete
Driveway
Adult Oriented
Shopping Nearby
Room measurements17 rooms
Living RoomMain · 13'11 × 15'5
FoyerMain · 19'1 × 8'3
Dining RoomMain · 12'11 × 13'6
Mud RoomMain · 6'8 × 9'11
KitchenMain · 22'2 × 14'
Wok KitchenMain · 7'6 × 12'9
Family RoomMain · 20'2 × 24'3
OfficeMain · 9'9 × 15'6
Living RoomBsmt · 12'9 × 12'4
KitchenBsmt · 8'10 × 7'10
BedroomBsmt · 9'11 × 8'11
BedroomBsmt · 10'2 × 10'41
Primary BedroomAbove · 21' × 15'7
BedroomAbove · 19'10 × 14'2
BedroomAbove · 14'11 × 13'9
Media RoomAbove · 13'10 × 16'10
LaundryAbove · 4'11 × 6'3

Property Details

MLS NumberR3135858
Property TypeSingle Family Residence
Bedrooms5
Bathrooms6.5
Square Feet4,600
Lot Size11,107 sqft
Year Built2023
Parking Spaces2
HeatingForced Air, Hot Water, Radiant
Days on Market62
StatusActive
Listed ByPlanet Group Realty Inc.

School Catchment

Neighbourhood

Highlighted area = this home's census tract (StatCan), the boundary the neighbourhood stats describe.
$2,000,000Median home value
$156,000Median household income
74.4%Owner-occupied
81.8%Single-detached homes
3.5Avg household size
48Median age
33.3%Bachelor's degree or higher (25-64)
58.3%Commute under 30 min
90%Drive to work
36.3%Foreign-born residents
1,546Neighbourhood population

Age

Under 15: 10.7%15 to 64: 67.6%65 and over: 21.7%
  • Under 1510.7%
  • 15 to 6467.6%
  • 65 and over21.7%

Household size

  • 1 person9.1%
  • 230.7%
  • 317%
  • 415.9%
  • 5 or more27.3%

Language spoken at home

46% English mother tongue

  • Punjabi34%
  • English + other5.2%
  • Mandarin3.2%
  • Cantonese1.9%
  • Spanish1.3%
  • Hindi1.3%
  • All others7.1%

Mother tongue, share of 1,545 residents.

How this pocket differs

  • fewer children under 15 than Panorama Ridge 10.7% vs 15.5%
  • more seniors 65+ than Panorama Ridge 21.7% vs 17%
  • fewer people living alone than Panorama Ridge 9.1% vs 13.3%
  • fewer 4-person households than Panorama Ridge 15.9% vs 20.1%
  • notably more Mandarin speakers than Panorama Ridge 3.2% vs 1.7%
  • Median household income is notably higher than Metro Vancouver $156,000 vs $90,000
  • Median dwelling value is notably higher than Metro Vancouver $2,000,000 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 size11,049 sqft
Lot dimensions72 × 154 ft
Lot shapeRectangular
Gradegentle

Ground rises about 1.3 m from front to back (5.7% 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~11,101 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 $14,682
Mortgage payment$13,538
Property tax$845
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 Aug 13

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