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$1,000,000

12945 64 AVENUE

Surrey BC V3W 1X4 - West Newton
4 bd
2 ba
2,336 sqft
Built 1955

About This Property

Calling all builders and investors! Capitalize on this prime development opportunity in a highly walkable neighbourhood. With approved R3 zoning, this property offers incredible potential to construct a lucrative multi-unit structure or a well-sized single-family home. The true value is in the land, making the existing house an ideal teardown for your next…

Features

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Room measurements11 rooms
FoyerMain · 10'4 × 6'7
Living RoomMain · 23'5 × 11'9
Dining RoomMain · 12' × 19'2
KitchenMain · 11' × 12'10
Primary BedroomMain · 23'1 × 12'9
BedroomMain · 16'9 × 9'10
LaundryMain · 6'7 × 13'6
WorkshopMain · 30' × 19'1
Living RoomAbove · 23'3 × 16'1
BedroomAbove · 10'11 × 11'6
BedroomAbove · 11'11 × 10'8

Property Details

MLS NumberR3106032
Property TypeSingle Family Residence
Bedrooms4
Bathrooms2
Square Feet2,336
Lot Size7,723 sqft
Year Built1955
HeatingElectric
StatusClosed
Listed ByeXp Realty of Canada Inc.

School Catchment

Neighbourhood

Highlighted area = this home's census tract (StatCan), the boundary the neighbourhood stats describe.
$1,100,000Median home value
$110,000Median household income
69.1%Owner-occupied
50.6%Single-detached homes
3.9Avg household size
35.6Median age
26.4%Bachelor's degree or higher (25-64)
53.7%Commute under 30 min
83.7%Drive to work
51.4%Foreign-born residents
7,002Neighbourhood population

Age

Under 15: 16.1%15 to 64: 69.9%65 and over: 14%
  • Under 1516.1%
  • 15 to 6469.9%
  • 65 and over14%

Household size

  • 1 person9.3%
  • 220.2%
  • 316.6%
  • 421.1%
  • 5 or more32.9%

Language spoken at home

54.7% Punjabi mother tongue

  • English23.5%
  • English + other7.8%
  • Hindi3%
  • Urdu1.9%
  • Tagalog1.7%
  • Spanish1.2%
  • All others6.2%

Mother tongue, share of 6,950 residents.

How this pocket differs

  • notably fewer people living alone than West Newton 9.3% vs 14.6%
  • more 5+ person households than West Newton 32.9% vs 27.4%
  • fewer Hindi speakers than West Newton 3% vs 3.8%
  • Median household income is higher than Metro Vancouver $110,000 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 size7,643 sqft
Lot dimensions60 × 129 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~7,679 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 $5,023
Mortgage payment$4,526
Property tax$397
Home insurance$100
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 6

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