$2,599,000

13240 108 AVENUE

Surrey BC V3T 2J4 - Whalley
3 bd
1 ba
1,160 sqft
Built 1957

About This Property

An exceptional opportunity for investors. Situated on an approx 8,712 sqft lot, the property is currently located within the R3 Urban Residential Zone is designated Mid-Rise 11 (mid 2) in the OCP. It offers an excellent future development potential. Ideally located with quick access to City Centre and just minutes from shopping, Skytrain, Rec centre, and…

Features

No Outdoor Area
Open
Front Access
Room measurements7 rooms
KitchenMain · 11' × 10'
Primary BedroomMain · 11' × 11'5
BedroomMain · 9' × 11'
BedroomMain · 8' × 9'
Living RoomMain · 14' × 13'
Dining RoomMain · 9' × 11'
StorageMain · 5' × 8'

Property Details

MLS NumberR3153407
Property TypeSingle Family Residence
Bedrooms3
Bathrooms1
Square Feet1,160
Lot Size8,712 sqft
Year Built1957
Parking Spaces1
HeatingForced Air
Days on Market8
StatusActive
Listed ByRoyal Pacific Riverside Realty Ltd.

School Catchment

Neighbourhood

Highlighted area = this home's census tract (StatCan), the boundary the neighbourhood stats describe.
$388,000Median home value
$62,400Median household income
34.4%Owner-occupied
2.6%Single-detached homes
2Avg household size
34.4Median age
38.8%Bachelor's degree or higher (25-64)
38.6%Commute under 30 min
54.3%Drive to work
47.4%Foreign-born residents
4,363Neighbourhood population

Age

Under 15: 11.8%15 to 64: 78.6%65 and over: 9.6%
  • Under 1511.8%
  • 15 to 6478.6%
  • 65 and over9.6%

Household size

  • 1 person42.4%
  • 232%
  • 313.7%
  • 47.3%
  • 5 or more4.5%

Language spoken at home

37.1% English mother tongue

  • Tagalog7.7%
  • English + other7.5%
  • Punjabi6.6%
  • Mandarin5.5%
  • Korean3%
  • Cantonese2.7%
  • All others29.9%

Mother tongue, share of 4,290 residents.

How this pocket differs

  • fewer seniors 65+ than Whalley 9.6% vs 12.4%
  • notably fewer 5+ person households than Whalley 4.5% vs 9.3%
  • fewer 4-person households than Whalley 7.3% vs 10.5%
  • more people living alone than Whalley 42.3% vs 35%
  • fewer Punjabi speakers than Whalley 6.6% vs 9%
  • more Korean speakers than Whalley 3% vs 2.5%
  • Median household income is lower than Metro Vancouver $62,400 vs $90,000
  • Median dwelling value is notably lower than Metro Vancouver $388,000 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 size8,232 sqft
Lot dimensions62 × 133 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~8,271 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~24,814 sqft
Nearest stationGateway Station530 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 $12,745
Mortgage payment$11,904
Property tax$581
Home insurance$260
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 10

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