7723 161A STREET

Surrey BC V4N 0T8 - Fleetwood Tynehead

About This Property

An exceptional investment opportunity in the family-friendly community of Fraser Heights. This property consists of an approximately 10,846 sq. ft. lot, which is situated adjacent to a newly listed 19,340 sq. ft. lot at 7735 - 161A Street. This provides a unique prospect to develop a multi-family estate in a highly sought-after, private neighborhood. The…

Property Details

MLS NumberR3147266

Lot Size10,846 sqft

Days on Market43

StatusActive

Listed ByeXp Realty of Canada, Inc.

School Catchment

Elementary William Watson

Secondary Fleetwood Park View homes in catchment →

Neighbourhood

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

$1,400,000Median home value

$148,000Median household income

85.7%Owner-occupied

85.2%Single-detached homes

3.3Avg household size

46Median age

32.8%Bachelor's degree or higher (25-64)

64.2%Commute under 30 min

95.6%Drive to work

40.5%Foreign-born residents

1,789Neighbourhood population

Age

Under 1513.7%
15 to 6468.2%
65 and over18.2%

Household size

1 person9.2%
230.3%
318.3%
421.1%
5 or more21.1%

Language spoken at home

54.5% English mother tongue

Punjabi14%
Mandarin8.1%
English + other4.2%
Vietnamese2.8%
Cantonese2%
Korean2%
All others12.4%

Mother tongue, share of 1,790 residents.

How this pocket differs

notably fewer people living alone than Fleetwood Tynehead 9.3% vs 15.2%
Median household income is notably higher than Metro Vancouver $148,000 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

ZoningR2Bylaw (PDF) ↗

Lot size10,781 sqft

Lot dimensions70 × 170 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~10,832 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.