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$1,250,000

7787 138 STREET

Surrey BC V3W 6A4 - East Newton
4 bd
2.5 ba
2,000 sqft
Built 1976

About This Property

Prime Development Opportunity in East Newton! 7787 138 St offers an exceptional investment with tremendous potential. Located in a Frequent Bus Stop Area, this property is zoned for up to 6 residential units, making it an attractive prospect for developers and investors. Strategically positioned with convenient access to multiple amenities: Bear Creek…

Features

Garage Single
Front Access
Shopping Nearby
Room measurements8 rooms
Living RoomMain · 16'8 × 13'5
KitchenMain · 14'4 × 10'
Primary BedroomMain · 13'10 × 10'
BedroomMain · 10' × 10'
BedroomMain · 10' × 8'10
Recreation RoomBelow · 16'7 × 13'
BedroomBelow · 9'10 × 8'8
DenBelow · 9' × 9'

Property Details

MLS NumberR2947397
Property TypeSingle Family Residence
Bedrooms4
Bathrooms2.5
Square Feet2,000
Lot Size7,168 sqft
Year Built1976
Parking Spaces1
HeatingNatural Gas
StatusClosed

School Catchment

Neighbourhood

Highlighted area = this home's census tract (StatCan), the boundary the neighbourhood stats describe.
$650,000Median home value
$90,000Median household income
75.5%Owner-occupied
39.6%Single-detached homes
3Avg household size
38.8Median age
26.1%Bachelor's degree or higher (25-64)
41%Commute under 30 min
75.5%Drive to work
45.4%Foreign-born residents
5,157Neighbourhood population

Age

Under 15: 16.2%15 to 64: 67%65 and over: 16.9%
  • Under 1516.2%
  • 15 to 6467%
  • 65 and over16.9%

Household size

  • 1 person19.9%
  • 229.4%
  • 316.2%
  • 416.8%
  • 5 or more17.7%

Language spoken at home

45.7% English mother tongue

  • Punjabi21.2%
  • English + other6.3%
  • Tagalog5.5%
  • Hindi3%
  • Arabic1.5%
  • Two+ others1.4%
  • All others15.4%

Mother tongue, share of 5,160 residents.

How this pocket differs

  • notably fewer 5+ person households than Bear Creek Green Timbers 17.7% vs 27.8%
  • more people living alone than Bear Creek Green Timbers 19.9% vs 14%
  • notably fewer Punjabi speakers than Bear Creek Green Timbers 21.2% vs 39.1%
  • notably more Tagalog speakers than Bear Creek Green Timbers 5.5% vs 3.2%
  • fewer Hindi speakers than Bear Creek Green Timbers 3% vs 3.9%
  • Median dwelling value is notably lower than Metro Vancouver $650,000 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

Lot size7,141 sqft
Lot dimensions64 × 112 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~7,175 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 $6,198
Mortgage payment$5,663
Property tax$409
Home insurance$125
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 13

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