$1,150,000

7937 124 STREET

Surrey BC V3W 3X7 - West Newton
2,343 sqft

About This Property

Court Order Sale, vacant lot, walking distance to schools and Sikh Temple

Property Details

MLS NumberR3119556
Square Feet2,343
Lot Size7,901 sqft
Days on Market126
StatusActive
Listed ByRE/MAX City Realty

School Catchment

Neighbourhood

Highlighted area = this home's census tract (StatCan), the boundary the neighbourhood stats describe.
$700,000Median home value
$85,000Median household income
57.3%Owner-occupied
6.7%Single-detached homes
3.3Avg household size
35.2Median age
33.1%Bachelor's degree or higher (25-64)
48%Commute under 30 min
76.2%Drive to work
54%Foreign-born residents
5,899Neighbourhood population

Age

Under 15: 16.6%15 to 64: 68.6%65 and over: 14.8%
  • Under 1516.6%
  • 15 to 6468.6%
  • 65 and over14.8%

Household size

  • 1 person19.8%
  • 220.6%
  • 318.1%
  • 416.9%
  • 5 or more24.6%

Language spoken at home

49.2% Punjabi mother tongue

  • English20.3%
  • English + other7.9%
  • Hindi5%
  • Urdu2.5%
  • Arabic1.6%
  • Spanish1.4%
  • All others12.1%

Mother tongue, share of 5,900 residents.

How this pocket differs

  • more people living alone than West Newton 19.7% vs 14.6%
  • more Hindi speakers than West Newton 5% vs 3.8%
  • 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

Lot size7,846 sqft
Lot dimensions37 × 132 ft
Lot shapeIrregular
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~7,884 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 $5,837
Mortgage payment$5,304
Property tax$419
Home insurance$115
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 Sep 3

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