$1,374,785

5845 124 STREET

Surrey BC V3X 1Y2 - West Newton
4 bd
2 ba
2,341 sqft
Built 1958

About This Property

Excellent opportunity on a large 9,642 sq. ft. lot with approximately 68 feet of frontage and convenient rear lane access. This 4-bedroom, 2-bathroom home is a great option for families, investors, builders, or those looking to hold for future potential. The generous lot, wide frontage, and lane access offer plenty of possibilities. Conveniently located…

Features

Balcony
Private Yard
Additional Parking
Carport Multiple
RV Access/Parking
Front Access
Lane Access
Concrete
Gravel
Room measurements14 rooms
FoyerMain · 3'5 × 6'5
Living RoomMain · 13'2 × 20'5
KitchenMain · 10'3 × 13'3
Dining RoomMain · 10'3 × 11'0
Family RoomMain · 23'5 × 12'11
Primary BedroomMain · 10'3 × 14'0
BedroomMain · 10'3 × 9'11
Recreation RoomBelow · 11'1 × 19'11
BedroomBelow · 11'7 × 13'8
BedroomBelow · 10'3 × 9'7
KitchenBelow · 10'3 × 17'7
StorageBelow · 8'0 × 6'5
PatioBelow · 16'4 × 10'1
StorageBelow · 9'3 × 24'2

Property Details

MLS NumberR3154357
Property TypeSingle Family Residence
Bedrooms4
Bathrooms2
Square Feet2,341
Lot Size9,642 sqft
Year Built1958
Parking Spaces1
HeatingForced Air, Natural Gas
Days on Market8
StatusActive
Listed ByMacdonald Realty (Surrey/152)

School Catchment

Neighbourhood

Highlighted area = this home's census tract (StatCan), the boundary the neighbourhood stats describe.
$1,000,000Median home value
$105,000Median household income
84.4%Owner-occupied
41.4%Single-detached homes
2.7Avg household size
48.8Median age
38.9%Bachelor's degree or higher (25-64)
54.6%Commute under 30 min
88.1%Drive to work
43.4%Foreign-born residents
3,674Neighbourhood population

Age

Under 15: 12.3%15 to 64: 59.8%65 and over: 27.9%
  • Under 1512.3%
  • 15 to 6459.8%
  • 65 and over27.9%

Household size

  • 1 person19.9%
  • 238.6%
  • 314%
  • 415.1%
  • 5 or more12.5%

Language spoken at home

53.5% English mother tongue

  • Punjabi19.8%
  • English + other4.8%
  • Mandarin4.4%
  • Cantonese2.5%
  • Hindi2.5%
  • Tagalog1.1%
  • All others11.4%

Mother tongue, share of 3,670 residents.

How this pocket differs

  • notably more seniors 65+ than Panorama Ridge 27.9% vs 17%
  • fewer children under 15 than Panorama Ridge 12.2% vs 15.5%
  • notably fewer 5+ person households than Panorama Ridge 12.5% vs 24.8%
  • more people living alone than Panorama Ridge 19.9% vs 13.3%
  • fewer 4-person households than Panorama Ridge 15.1% vs 20.1%
  • notably more Mandarin speakers than Panorama Ridge 4.4% vs 1.7%

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

Land & Development

Lot size9,509 sqft
Lot dimensions68 × 140 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~9,555 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 $6,942
Mortgage payment$6,260
Property tax$547
Home insurance$135
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 14

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