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$1,200,000

7295 140 STREET

Surrey BC V3W 5J6 - East Newton

Part of Newton Park →

0 ba

800 sqft

Built 1991

About This Property

Expansive 10,000+ Lot with Unmatched Potential Positioned on a exceptionally large, private parcel of land, this property presents a rare and versatile investment opportunity in this surrey neighborhood. While the existing structure is an older home could be stripped to the studs or suited for removal, the true value lies in the exceptional scale and…

Features

Open

Room measurements2 rooms▸

KitchenAbove · 13' × 13'

Living RoomAbove · 17' × 12'6

Property Details

MLS NumberR3162953

Property TypeSingle Family Residence

Bathrooms0

Square Feet800

Lot Size10,392 sqft

Year Built1991

HeatingNatural Gas

Days on Market1

StatusActive

Listed ByRoyal LePage Little Oak 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.

$448,000Median home value

$76,500Median household income

72%Owner-occupied

0.9%Single-detached homes

2.6Avg household size

38.8Median age

33.4%Bachelor's degree or higher (25-64)

46.1%Commute under 30 min

73.6%Drive to work

51.4%Foreign-born residents

4,363Neighbourhood population

Age

Under 1517.3%
15 to 6467%
65 and over15.7%

Household size

1 person29.9%
226.1%
317.3%
416.7%
5 or more10%

Language spoken at home

40.8% English mother tongue

Punjabi20.1%
English + other8.4%
Tagalog6%
Hindi4.9%
Spanish2.4%
Urdu1.4%
All others16%

Mother tongue, share of 4,360 residents.

How this pocket differs

notably fewer 5+ person households than East Newton 10% vs 25.1%
notably more people living alone than East Newton 29.9% vs 17.5%
notably more Tagalog speakers than East Newton 6% vs 2.8%
notably fewer Punjabi speakers than East Newton 20.1% vs 41.3%
more Hindi speakers than East Newton 4.9% vs 3.7%
Median dwelling value is notably lower than Metro Vancouver $448,000 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

ZoningRABylaw (PDF) ↗

Lot size10,295 sqft

Lot dimensions65 × 159 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~10,345 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.