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$2,200,000

5479 124B STREET

Surrey BC V3X 3T1 - Panorama Ridge
7 bd
6.5 ba
6,765 sqft
Built 2006

About This Property

PANORAMA RIDGE LUXURY LIVING! Situated on a prestigious 20,000 sqft estate lot, this custom-built home offers nearly 7,000 sqft of elegant living space in one of Surrey's most sought-after communities. Designed for both everyday comfort & entertaining, the home features 7 bedrooms, 7 bathrooms, a private-entry office, soaring ceilings, oversized windows, &…

Features

Garage Triple
Front Access
Room measurements17 rooms
Living RoomMain · 14'0 × 18'0
Family RoomMain · 16'6 × 19'0
Dining RoomMain · 13'0 × 18'0
KitchenMain · 16'6 × 20'0
Wok KitchenMain · 19'0 × 11'0
NookMain · 20'0 × 11'0
OfficeMain · 11'8 × 14'0
Primary BedroomMain · 22'4 × 20'0
Primary BedroomAbove · 22'4 × 20'
BedroomAbove · 15'4 × 13'0
BedroomAbove · 16'0 × 13'0
Recreation RoomBelow · 26'0 × 37'0
Living RoomBelow · 9'6 × 16'6
KitchenBelow · 9'4 × 16'6
BedroomBelow · 20' × 16'10
BedroomBelow · 14'0 × 18'0
BedroomBelow · 15'0 × 13'0

Property Details

MLS NumberR3126531
Property TypeSingle Family Residence
Bedrooms7
Bathrooms6.5
Square Feet6,765
Lot Size20,037 sqft
Year Built2006
Parking Spaces3
HeatingForced Air, Natural Gas, Radiant
StatusPending
Listed ByRoyal LePage - Wolstencroft

School Catchment

Neighbourhood

Highlighted area = this home's census tract (StatCan), the boundary the neighbourhood stats describe.
$2,000,000Median home value
$156,000Median household income
74.4%Owner-occupied
81.8%Single-detached homes
3.5Avg household size
48Median age
33.3%Bachelor's degree or higher (25-64)
58.3%Commute under 30 min
90%Drive to work
36.3%Foreign-born residents
1,546Neighbourhood population

Age

Under 15: 10.7%15 to 64: 67.6%65 and over: 21.7%
  • Under 1510.7%
  • 15 to 6467.6%
  • 65 and over21.7%

Household size

  • 1 person9.1%
  • 230.7%
  • 317%
  • 415.9%
  • 5 or more27.3%

Language spoken at home

46% English mother tongue

  • Punjabi34%
  • English + other5.2%
  • Mandarin3.2%
  • Cantonese1.9%
  • Spanish1.3%
  • Hindi1.3%
  • All others7.1%

Mother tongue, share of 1,545 residents.

How this pocket differs

  • fewer children under 15 than Panorama Ridge 10.7% vs 15.5%
  • more seniors 65+ than Panorama Ridge 21.7% vs 17%
  • fewer people living alone than Panorama Ridge 9.1% vs 13.3%
  • fewer 4-person households than Panorama Ridge 15.9% vs 20.1%
  • notably more Mandarin speakers than Panorama Ridge 3.2% vs 1.7%
  • Median household income is notably higher than Metro Vancouver $156,000 vs $90,000
  • Median dwelling value is notably higher than Metro Vancouver $2,000,000 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 size19,845 sqft
Lot dimensions90 × 167 ft
Lot shapeIrregular
Gradegentle

Ground rises about 1.9 m from front to back (4.3% grade).

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~19,940 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 $11,701
Mortgage payment$10,377
Property tax$1,104
Home insurance$220
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 16

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