$1,299,900

10618 140 STREET

Surrey BC V3T 4N8 - Whalley
2 bd
1 ba
1,480 sqft
Built 1956

About This Property

Strategic investment opportunity in Surrey City Centre! R3 Urban Residential zoned property offering both current small scale housing potential and long term land assembly upside within Surrey's evolving City Centre. Priced below land assessed value, this property presents an opportunity for builders, investors and developers seeking to secure a position in…

Features

Open
RV Access/Parking
Room measurements4 rooms
Living RoomMain · 11'5 × 17'
BedroomMain · 9' × 10'5
BedroomMain · 11' × 13'5
KitchenMain · 10'5 × 16'5

Property Details

MLS NumberR3162481
Property TypeSingle Family Residence
Bedrooms2
Bathrooms1
Square Feet1,480
Lot Size19,035 sqft
Year Built1956
HeatingBaseboard
Days on Market2
StatusActive
Listed ByOakwyn Realty Ltd.

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 size18,910 sqft
Lot dimensions41 × 296 ft
Lot shapeIrregular
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~19,001 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 $6,576
Mortgage payment$5,989
Property tax$457
Home insurance$130
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 Sep 4

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