5950 124A STREET

Surrey BC V3X 1X3 - Panorama Ridge

About This Property

Ready to build 6572 Square foot vacant lot in a very desirable area of Panorama Ridge, Surrey BC. Front is 50 feet and Depth is 130 feet. Three story house allowed on the lot and garden suite can be built under new joining R3.Building Plan Ready and picked by Seller to build 5532 sq Ft House and can start house anytime. Close to both levels of schools. Easy…

Property Details

MLS NumberR3139953

Lot Size6,572 sqft

Days on Market56

StatusActive

Listed ByRoyal LePage Global Force Realty

School Catchment

Elementary J.T. Brown

Secondary Tamanawis View homes in catchment →

Neighbourhood

Highlighted area = this home's census tract (StatCan), the boundary the neighbourhood stats describe.

$1,400,000Median home value

$118,000Median household income

71.6%Owner-occupied

38.6%Single-detached homes

3.6Avg household size

38Median age

33%Bachelor's degree or higher (25-64)

55.9%Commute under 30 min

90%Drive to work

50.6%Foreign-born residents

5,410Neighbourhood population

Age

Under 1515.7%
15 to 6468%
65 and over16.3%

Household size

1 person10.4%
223.5%
315.4%
423.8%
5 or more26.8%

Language spoken at home

48% Punjabi mother tongue

English28%
English + other7.1%
Hindi4.3%
Mandarin2.1%
Urdu1.7%
Cantonese0.8%
All others8%

Mother tongue, share of 5,410 residents.

How this pocket differs

fewer people living alone than Panorama Ridge 10.4% vs 13.3%
Median household income is higher than Metro Vancouver $118,000 vs $90,000
Median dwelling value is higher than Metro Vancouver $1,400,000 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

ZoningR3Bylaw (PDF) ↗

Lot size6,520 sqft

Lot dimensions49 × 133 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~6,551 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.