7881 138 STREET

Surrey BC V3W 7B5 - East Newton

About This Property

Prime development and investment opportunity on a 8,956 sq. ft. R3-zoned lot. Build a single-family home or duplex with garden suite, accommodating a three-level residence (two storey plus basement) with a legal basement suite. Excellent potential for multi-income revenue and long-term appreciation. Situated in a quiet, centrally located neighbourhood with…

Features

Near Shopping

Property Details

MLS NumberR3088045

Lot Size8,956 sqft

Days on Market198

StatusActive

Listed BySutton Premier Realty

School Catchment

Elementary Bear Creek

Secondary Frank Hurt View homes in 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 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

ZoningR3Bylaw (PDF) ↗

Lot size7,143 sqft

Lot dimensions62 × 115 ft

Lot shapeRectangular

Gradeflat

Essentially flat lot (about 0.5 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~7,178 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.