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$1,075,000

5973 HOLSTEIN STREET

Surrey BC V3S 3Y9 - Cloverdale BC

3 bd

1 ba

1,500 sqft

Built 1975

About This Property

DEVELOPMENT POTENTIAL! A rare investment opportunity awaits in Cloverdale with this 7,600sqft rectangular lot, ideally suited for builders and investors. Capitalize on the existing 3-bedroom rancher, currently rented to reliable tenants at $2,300 per month, providing immediate income while you explore development options. Envision building a new three-level…

Features

Additional Parking

Garage Single

Room measurements5 rooms▸

Living RoomMain · 13'0 × 18'0

KitchenMain · 11'0 × 17'0

Primary BedroomMain · 11'0 × 13'0

BedroomMain · 9'0 × 10'0

Property Details

MLS NumberR2968246

Property TypeSingle Family Residence

Bedrooms3

Bathrooms1

Square Feet1,500

Lot Size7,623 sqft

Year Built1975

HeatingForced Air

Days on Market553

StatusActive

Listed ByWestmont Realty Inc.

School Catchment

Elementary George Greenaway

Secondary Lord Tweedsmuir View homes in catchment →

Neighbourhood

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

$1,100,000Median home value

$117,000Median household income

69.1%Owner-occupied

58.6%Single-detached homes

3.2Avg household size

38Median age

21.4%Bachelor's degree or higher (25-64)

60.2%Commute under 30 min

91.3%Drive to work

25.3%Foreign-born residents

7,315Neighbourhood population

Age

Under 1519.3%
15 to 6467.4%
65 and over13.3%

Household size

1 person15.1%
227.2%
318.4%
420.8%
5 or more18.4%

Language spoken at home

65% English mother tongue

Punjabi18.3%
English + other3.8%
Hindi1.6%
Mandarin1%
Tagalog0.8%
Spanish0.7%
All others8.8%

Mother tongue, share of 7,305 residents.

How this pocket differs

more Punjabi speakers than Cloverdale BC 18.3% vs 14.1%
Median household income is higher than Metro Vancouver $117,000 vs $90,000

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

Land & Development

ZoningR3Bylaw (PDF) ↗

Lot size7,479 sqft

Lot dimensions60 × 126 ft

Lot shapeRectangular

Gradeflat

Essentially flat lot (about 0.3 m of relief corner to corner).

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~7,515 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.