$2,500,000

10612 138 STREET

Surrey BC V3T 4K5 - Whalley
2 bd
1 ba
848 sqft
Built 1951

About This Property

Exceptional development opportunity in the heart of Surrey City Centre! This 2-bedroom, 1-bathroom home sits on a 7888 sq ft lot. Designated 6-storey land assembly area with up to 2.5 FAR potential. Just minutes from Gateway & Surrey Central SkyTrain Stations, SFU Campus, City Hall, T&T, Walmart, Central City Mall, and more. Easy access to King George Blvd,…

Features

Private Yard
Open
RV Access/Parking
Front Access
Gravel
Shopping Nearby
Room measurements5 rooms
Living RoomMain · 11' × 17'
KitchenMain · 8' × 11'
Eating AreaMain · 6' × 11'
BedroomMain · 11' × 11'
BedroomMain · 8' × 12'

Property Details

MLS NumberR3155423
Property TypeSingle Family Residence
Bedrooms2
Bathrooms1
Square Feet848
Lot Size7,888 sqft
Year Built1951
Parking Spaces1
HeatingElectric
Days on Market14
StatusActive
Listed ByeXp Realty of Canada, Inc.

School Catchment

Neighbourhood

Highlighted area = this home's census tract (StatCan), the boundary the neighbourhood stats describe.
$500,000Median home value
$80,000Median household income
55.4%Owner-occupied
9.7%Single-detached homes
2.7Avg household size
35.6Median age
30.9%Bachelor's degree or higher (25-64)
45.5%Commute under 30 min
72.7%Drive to work
52.8%Foreign-born residents
8,068Neighbourhood population

Age

Under 15: 15.6%15 to 64: 72.9%65 and over: 11.5%
  • Under 1515.6%
  • 15 to 6472.9%
  • 65 and over11.5%

Household size

  • 1 person26.7%
  • 230.9%
  • 316.3%
  • 413.8%
  • 5 or more12.4%

Language spoken at home

40.5% English mother tongue

  • Tagalog9.4%
  • English + other7.8%
  • Punjabi6.1%
  • Arabic4%
  • Mandarin3.5%
  • Vietnamese3.4%
  • All others25.3%

Mother tongue, share of 7,910 residents.

How this pocket differs

  • more 5+ person households than Whalley 12.4% vs 9.3%
  • fewer people living alone than Whalley 26.6% vs 35%
  • more 4-person households than Whalley 13.7% vs 10.5%
  • notably more Arabic speakers than Whalley 4% vs 2.1%
  • notably more Vietnamese speakers than Whalley 3.4% vs 2.1%
  • notably fewer Mandarin speakers than Whalley 3.5% vs 5.6%
  • Median dwelling value is notably lower than Metro Vancouver $500,000 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 size7,735 sqft
Lot dimensions60 × 130 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~7,772 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.

Transit-oriented potential (Bill 47 / TOA)
Transit areaTier 3within 800 m of a station
Max density3 FAR
Max height8 storeys
Est. buildable~23,317 sqft
Nearest stationGateway Station793 m away

Within a provincially designated Transit-Oriented Area, this lot may support up to 3 FAR / 8 storeys regardless of base zoning. Provincial minimums and approximate — municipal rezoning, servicing and parking standards still 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 $12,184
Mortgage payment$11,383
Property tax$551
Home insurance$250
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 Aug 24

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