$1,499,800

14224 68 AVENUE

Surrey BC V3W 2H4 - East Newton

About This Property

ATTENTION BUILDERS & DEVELOPERS! Exceptional opportunity to acquire 3 PLA-approved lots with plans for 6 duplex homes (2 duplexes per lot). Servicing is still required. Buyers are advised to confirm with the City of Surrey whether duplex development or single-family homes are permitted and satisfy themselves regarding all development potential, servicing…

Features

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Property Details

MLS NumberR3152578
Lot Size14,810 sqft
Days on Market46
StatusActive
Listed ByCentury 21 Coastal Realty Ltd.

School Catchment

Neighbourhood

Highlighted area = this home's census tract (StatCan), the boundary the neighbourhood stats describe.
$900,000Median home value
$105,000Median household income
72.3%Owner-occupied
21.7%Single-detached homes
3.6Avg household size
35.2Median age
27.2%Bachelor's degree or higher (25-64)
45.4%Commute under 30 min
79.7%Drive to work
51.4%Foreign-born residents
5,956Neighbourhood population

Age

Under 15: 18.1%15 to 64: 70.2%65 and over: 11.8%
  • Under 1518.1%
  • 15 to 6470.2%
  • 65 and over11.8%

Household size

  • 1 person12.1%
  • 219.6%
  • 319.6%
  • 421.5%
  • 5 or more27.2%

Language spoken at home

40.5% Punjabi mother tongue

  • English32.2%
  • English + other8.1%
  • Hindi3.9%
  • Tagalog2.9%
  • Urdu1.8%
  • Spanish1.3%
  • All others9.3%

Mother tongue, share of 5,955 residents.

How this pocket differs

  • fewer people living alone than East Newton 12% vs 17.5%

Source: Statistics Canada, Census of Population, 2021. Reproduced and distributed on an "as is" basis with the permission of Statistics Canada.

Land & Development

Lot size15,876 sqft
Lot dimensions86 × 251 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~15,952 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 $7,584
Mortgage payment$7,006
Property tax$429
Home insurance$150
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 17

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