$8,750,000

18601 88 AVENUE

Surrey BC V4N 5T1 - Port Kells
3 bd
2.5 ba
2,915 sqft
Built 2003

About This Property

A well-located holding property with short- to mid-term potential, minutes from the Anniedale -Tynehead NCP. The site includes a well-maintained home and two greenhouses, currently generating approx. $3,500/month from a quality tenant, offering stable interim income while held for future redevelopment. Feel free to drive by to get a feel of the location.The…

Features

Garage Double
Open
RV Access/Parking
Room measurements9 rooms
Living RoomMain · 17'1 × 34'2
Dining RoomMain · 12'1 × 14'3
KitchenMain · 13'1 × 10'3
Primary BedroomMain · 14'1 × 16'11
OfficeMain · 15'4 × 11'8
FoyerMain · 11'10 × 5'8
LaundryMain · 8'3 × 6'3
BedroomAbove · 14'2 × 10'4
BedroomAbove · 13'1 × 10'1

Property Details

MLS NumberR3130599
Property TypeSingle Family Residence
Bedrooms3
Bathrooms2.5
Square Feet2,915
Lot Size260,924.4 sqft
Year Built2003
HeatingForced Air, Natural Gas
Days on Market87
StatusActive
Listed ByHomelife Advantage Realty Ltd.

School Catchment

Neighbourhood

Highlighted area = this home's census tract (StatCan), the boundary the neighbourhood stats describe.
$1,940,000Median home value
$115,000Median household income
77.6%Owner-occupied
79.3%Single-detached homes
3.1Avg household size
45.2Median age
22.5%Bachelor's degree or higher (25-64)
71%Commute under 30 min
92.5%Drive to work
28.6%Foreign-born residents
1,265Neighbourhood population

Age

Under 15: 13.5%15 to 64: 67.1%65 and over: 19.4%
  • Under 1513.5%
  • 15 to 6467.1%
  • 65 and over19.4%

Household size

  • 1 person19.3%
  • 231.3%
  • 315.7%
  • 414.5%
  • 5 or more19.3%

Language spoken at home

68% English mother tongue

  • Punjabi15%
  • English + other2.4%
  • Mandarin2%
  • Korean2%
  • German0.8%
  • Arabic0.8%
  • All others9%

Mother tongue, share of 1,265 residents.

How this pocket differs

  • more seniors 65+ than Fraser Heights 19.4% vs 14.3%
  • fewer children under 15 than Fraser Heights 13.4% vs 16.8%
  • notably more people living alone than Fraser Heights 19.5% vs 10.4%
  • notably fewer 4-person households than Fraser Heights 14.6% vs 23.4%
  • notably more Punjabi speakers than Fraser Heights 15% vs 6.6%
  • Median household income is higher than Metro Vancouver $115,000 vs $90,000
  • Median dwelling value is notably higher than Metro Vancouver $1,940,000 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 size258,781 sqft
Lot dimensions335 × 773 ft
Lot shapeRectangular
Gradeflat

Essentially flat lot (about 2.4 m of relief corner to corner).

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 $40,302
Mortgage payment$39,604
Property tax$198
Home insurance$500
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 25

Book a Showing