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$5,750,000

7371-7389 122A STREET

Surrey BC V3W 3T2 - West Newton

4 bd

3 ba

3,208 sqft

Built 1977

About This Property

DEVELOPMENT OPPORTUNITY IN SURREY WEST NEWTON! A rare opportunity to acquire an approx. 26,334 sqft (0.6-acre) development site in Surrey. 3 side by side lots, ideally situated on the corner of 122A Street and 74 Avenue, RA zone and falls within Scottsdale Exchange TOA and Low Rise Density OCP, offering potential for lot subdivision or up to 3.0 FSR…

Features

Balcony

Detached

Room measurements11 rooms▸

Living RoomMain · 17' × 16'

Dining RoomMain · 9' × 17'

KitchenMain · 12' × 17'

Primary BedroomMain · 15' × 14'

BedroomMain · 10' × 12'

BedroomMain · 10' × 11'

Family RoomBelow · 15' × 16'

Recreation RoomBelow · 21' × 20'

Games RoomBelow · 20' × 20'

BedroomBelow · 12' × 12'

UtilityBelow · 14' × 11'

Property Details

MLS NumberR3180082

Property TypeSingle Family Residence

Bedrooms4

Bathrooms3

Square Feet3,208

Lot Size26,332 sqft

Year Built1977

Parking Spaces2

HeatingNatural Gas

Days on Market1

StatusActive

Listed ByRE/MAX City Realty

School Catchment

Elementary Westerman

Secondary Princess Margaret View homes in catchment →

Neighbourhood

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

$700,000Median home value

$93,000Median household income

73.3%Owner-occupied

20.7%Single-detached homes

3.6Avg household size

33.6Median age

35%Bachelor's degree or higher (25-64)

44.4%Commute under 30 min

77.8%Drive to work

56.4%Foreign-born residents

2,081Neighbourhood population

Age

Under 1517.8%
15 to 6469.2%
65 and over13%

Household size

1 person14%
221.9%
319.3%
415.8%
5 or more28.9%

Language spoken at home

38.5% Punjabi mother tongue

English26%
English + other8.9%
Urdu6%
Hindi4.1%
Tagalog2.6%
Spanish1%
All others12.9%

Mother tongue, share of 2,080 residents.

How this pocket differs

notably more Urdu speakers than West Newton 6% vs 2.5%
fewer Punjabi speakers than West Newton 38.5% vs 51.1%
Median dwelling value is notably lower than Metro Vancouver $700,000 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 size8,685 sqft

Lot dimensions63 × 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~8,727 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.