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$1,349,999

7342 140 STREET

Surrey BC V3W 5J7 - East Newton

5 bd

1.5 ba

2,346 sqft

Built 1973

About This Property

Discover the potential at 7342 140 Street in the heart of Surrey! This solid 5 bedroom full basement home sits on a huge lot and offers incredible opportunities for homeowners, investors, or builders alike. Would make a great Day Care Zoned R3 with potential for 4 unit redevelopment (buyer to verify with the City), this property presents exciting future…

Features

Private Yard

Open

Front Access

Asphalt

Shopping Nearby

Room measurements13 rooms▸

Living RoomMain · 12'2 × 18'2

Dining RoomMain · 10'11 × 8'3

KitchenMain · 11'5 × 15'5

Dining RoomMain · 10'11 × 8'3

BedroomMain · 13' × 10'11

BedroomMain · 9'10 × 9'6

BedroomMain · 12'11 × 9'

BedroomBsmt · 11'8 × 9'4

Living RoomBsmt · 11'8 × 18'2

BedroomBsmt · 11'8 × 9'3

LaundryBsmt · 11' × 9'6

WorkshopBsmt · 11' × 17'9

StorageBsmt · 11'2 × 19'5

Property Details

MLS NumberR3127300

Property TypeSingle Family Residence

Bedrooms5

Bathrooms1.5

Square Feet2,346

Lot Size11,820 sqft

Year Built1973

Parking Spaces4

HeatingForced Air

StatusClosed

Listed ByHomelife Benchmark Titus Realty

School Catchment

Elementary M.B. Sanford

Secondary Frank Hurt View homes in catchment →

Neighbourhood

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

$1,200,000Median home value

$111,000Median household income

70.9%Owner-occupied

50%Single-detached homes

3.7Avg household size

36.4Median age

22.3%Bachelor's degree or higher (25-64)

50.8%Commute under 30 min

86.3%Drive to work

47.2%Foreign-born residents

6,200Neighbourhood population

Age

Under 1515.6%
15 to 6470.4%
65 and over14%

Household size

1 person13.1%
220.7%
317.3%
417.6%
5 or more31.3%

Language spoken at home

45.8% Punjabi mother tongue

English30.7%
English + other7.1%
Hindi3.8%
Tagalog1.9%
Arabic1.7%
Vietnamese0.9%
All others8.1%

Mother tongue, share of 6,165 residents.

How this pocket differs

fewer people living alone than East Newton 13% vs 17.5%
more 5+ person households than East Newton 31.2% vs 25.1%
Median household income is higher than Metro Vancouver $111,000 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

ZoningR3Bylaw (PDF) ↗

Lot size11,735 sqft

Lot dimensions73 × 162 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~11,791 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.