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$1,249,000

A&B 12569 99 AVENUE

Surrey BC V3V 2P4 - Cedar Hills
4 bd
2 ba
1,904 sqft
Built 1959

About This Property

Opportunity knocks in a prime Cedar Hills pocket. This side-by-side duplex sits on a rare 79' wide 8892 sf lot and presents exceptional potential for investors, builders, or those looking toward future redevelopment. Built in 1959 and held in original condition, and is currently tenanted by very long-term occupants, providing holding income while you plan…

Features

No Outdoor Area
Open
Front Access
Shopping Nearby
Room measurements7 rooms
FoyerMain · 8' × 6'
BedroomMain · 11' × 10'
BedroomMain · 12' × 9'
BedroomMain · 11' × 10'
BedroomMain · 12' × 9'
KitchenMain · 6' × 10'
KitchenMain · 6' × 10'

Property Details

MLS NumberR3113324
Property TypeOther
Bedrooms4
Bathrooms2
Square Feet1,904
Lot Size8,892 sqft
Year Built1959
HeatingForced Air, Natural Gas
StatusPending
Listed ByOakwyn Realty Ltd.

School Catchment

Neighbourhood

Highlighted area = this home's census tract (StatCan), the boundary the neighbourhood stats describe.
$1,200,000Median home value
$93,000Median household income
53.8%Owner-occupied
39.2%Single-detached homes
3.3Avg household size
34.4Median age
25.8%Bachelor's degree or higher (25-64)
46.1%Commute under 30 min
75%Drive to work
45.8%Foreign-born residents
6,847Neighbourhood population

Age

Under 15: 14.8%15 to 64: 72.4%65 and over: 12.8%
  • Under 1514.8%
  • 15 to 6472.4%
  • 65 and over12.8%

Household size

  • 1 person19.2%
  • 223.1%
  • 317.5%
  • 416.5%
  • 5 or more23.6%

Language spoken at home

39% Punjabi mother tongue

  • English34%
  • English + other6.4%
  • Hindi3.5%
  • Tagalog2.3%
  • Arabic2%
  • Urdu1.2%
  • All others11.6%

Mother tongue, share of 6,830 residents.

How this pocket differs

  • notably more 5+ person households than North Surrey 23.5% vs 14.7%
  • fewer people living alone than North Surrey 19.1% vs 25%
  • notably more Punjabi speakers than North Surrey 39% vs 12.4%
  • more Hindi speakers than North Surrey 3.5% vs 2.6%

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

Land & Development

Lot size8,806 sqft
Lot dimensions80 × 114 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~8,848 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 $6,256
Mortgage payment$5,653
Property tax$478
Home insurance$125
Partner Rates Available Contact us for preferred mortgage rates
Home price$1,249,000
Down payment (20%)$249,800
Mortgage amount$999,200
Total interest$696,749

An estimate only. Canadian semi-annual compounding; excludes utilities, closing costs and BC property transfer tax. 5-year fixed, as of Aug 6

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