$1,575,000

8863 KING GEORGE BOULEVARD

Surrey BC V3V 5V6 - Bear Creek Green Timbers
14 bd
7 ba
5,344 sqft
Built 2001

About This Property

DEVELOPMENT/INVESTMENT OPPORTUNITY – SUB-DIVIDABLE POTENTIAL Spacious 8,232 sq.ft. lot with 68 ft frontage and back alley access! Excellent holding property with strong rental income of $10K approx month. Prime location with major development in the area – UBC recently acquired 3 acres nearby for over $70 million. Close proximity to SFU and Kwantlen, with…

Features

Balcony
Rear Access
Room measurements26 rooms
Living RoomMain · 11'11 × 13'1
Dining RoomMain · 7'109 × 13'2
BedroomMain · 10'9 × 12'8
BedroomMain · 9'5 × 12'8
BedroomMain · 9'6 × 9'3
Family RoomMain · 21'4 × 12'8
BedroomMain · 12'7 × 13'1
StorageMain · 11'7 × 9'3
Family RoomAbove · 14'8 × 20'3
BedroomAbove · 11'1 × 12'0
BedroomAbove · 9'10 × 13'1
Primary BedroomAbove · 12'8 × 13'8
BedroomAbove · 9'9 × 13'1
Dining RoomAbove · 8'9 × 14'4
Living RoomAbove · 14'2 × 12'11
BedroomAbove · 12'11 × 12'11
KitchenAbove · 13'1 × 13'4
Living RoomBelow · 7'10 × 11'10
KitchenBelow · 9'4 × 12'8
BedroomBelow · 9'9 × 9'2
BedroomBelow · 12'4 × 12'0
BedroomBelow · 14'9 × 9'4
BedroomBelow · 11'5 × 12'9
KitchenBelow · 10'2 × 12'9
Living RoomBelow · 13'9 × 12'1
BedroomBelow · 12'10 × 12'9

Property Details

MLS NumberR3150237
Property TypeSingle Family Residence
Bedrooms14
Bathrooms7
Square Feet5,344
Lot Size8,266 sqft
Year Built2001
Parking Spaces2
HeatingElectric, Forced Air
Days on Market40
StatusActive
Listed ByRE/MAX Performance Realty

School Catchment

Neighbourhood

Highlighted area = this home's census tract (StatCan), the boundary the neighbourhood stats describe.
$1,300,000Median home value
$105,000Median household income
56.9%Owner-occupied
24.7%Single-detached homes
3.9Avg household size
33.2Median age
30.4%Bachelor's degree or higher (25-64)
48.8%Commute under 30 min
78.6%Drive to work
49.3%Foreign-born residents
5,805Neighbourhood population

Age

Under 15: 14.8%15 to 64: 71.9%65 and over: 13.3%
  • Under 1514.8%
  • 15 to 6471.9%
  • 65 and over13.3%

Household size

  • 1 person10.2%
  • 218.7%
  • 317.3%
  • 420.4%
  • 5 or more33.3%

Language spoken at home

57.3% Punjabi mother tongue

  • English21.8%
  • English + other7.5%
  • Hindi3.6%
  • Vietnamese1.1%
  • Tagalog1%
  • Arabic0.8%
  • All others6.9%

Mother tongue, share of 5,770 residents.

How this pocket differs

  • notably fewer people living alone than Queen Mary Park Surrey 10.1% vs 16%
  • more 5+ person households than Queen Mary Park Surrey 33.1% vs 26.2%
  • fewer Hindi speakers than Queen Mary Park Surrey 3.6% vs 4.8%
  • 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 size8,210 sqft
Lot dimensions69 × 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~8,249 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 $8,210
Mortgage payment$7,264
Property tax$791
Home insurance$155
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 3

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