$3,500,000

13969 LAUREL DRIVE

Surrey BC V3T 1A8 - Whalley
4 bd
3 ba
2,112 sqft

About This Property

Exceptional development opportunity on a large 7,800 sq. ft. lot in a rapidly transforming neighbourhood. This well-maintained 4-bedroom, 3-bathroom home offers excellent holding income while you plan for the future. Situated within an area experiencing significant growth and urban redevelopment, this property presents outstanding potential for land…

Features

Balcony
Garage Double
Front Access
Independent living
Shopping Nearby
Room measurements8 rooms
Living RoomMain · 14' × 12'1
KitchenMain · 8' × 10'1
Dining RoomMain · 14'0 × 12'14
Primary BedroomMain · 11'2 × 11'2
KitchenBsmt · 11' × 11'2
Primary BedroomBsmt · 14'1 × 13'1
BedroomBsmt · 10' × 12'1
BedroomBsmt · 11' × 10'

Property Details

MLS NumberR3147366
Property TypeSingle Family Residence
Bedrooms4
Bathrooms3
Square Feet2,112
Lot Size7,800 sqft
Parking Spaces2
HeatingElectric, Natural Gas
Days on Market53
StatusActive
Listed ByWoodhouse Realty

School Catchment

Neighbourhood

Highlighted area = this home's census tract (StatCan), the boundary the neighbourhood stats describe.
$452,000Median home value
$74,500Median household income
44.9%Owner-occupied
2.5%Single-detached homes
2.1Avg household size
34Median age
49%Bachelor's degree or higher (25-64)
38.8%Commute under 30 min
60.7%Drive to work
53.4%Foreign-born residents
7,336Neighbourhood population

Age

Under 15: 11.4%15 to 64: 77%65 and over: 11.6%
  • Under 1511.4%
  • 15 to 6477%
  • 65 and over11.6%

Household size

  • 1 person37.4%
  • 235.6%
  • 314.7%
  • 47.9%
  • 5 or more4.5%

Language spoken at home

36.5% English mother tongue

  • Mandarin8.3%
  • English + other8.1%
  • Tagalog6.1%
  • Punjabi5.3%
  • Hindi3.9%
  • Cantonese3.8%
  • All others28%

Mother tongue, share of 7,030 residents.

How this pocket differs

  • notably fewer 5+ person households than Whalley 4.5% vs 9.3%
  • fewer 4-person households than Whalley 7.9% vs 10.5%
  • notably fewer Punjabi speakers than Whalley 5.3% vs 9%
  • more Mandarin speakers than Whalley 8.3% vs 5.6%
  • more Korean speakers than Whalley 3.6% vs 2.5%
  • more Cantonese speakers than Whalley 3.8% vs 2.8%
  • Median dwelling value is notably lower than Metro Vancouver $452,000 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 size7,885 sqft
Lot dimensions60 × 134 ft
Lot shapeRectangular
Multi-unit potential (Bill 44 / SSMUH)
Units allowedUp to 6
Max height3 storeys
Min. setbacks4.5 / 1.5 / 1.2 mfront / side / rear
Est. buildable~7,923 sqft

Under BC's Small-Scale Multi-Unit Housing rules, this single-family lot may permit up to 6 units. These are the provincial minimums and approximate — local bylaw, servicing and lot conditions apply.

Transit-oriented potential (Bill 47 / TOA)
Transit areaTier 1within 200 m of a station
Max density5 FAR
Max height20 storeys
Est. buildable~39,615 sqft
Nearest stationGreen Timbers Station (future, ~2029)123 m away

Within a provincially designated Transit-Oriented Area, this lot may support up to 5 FAR / 20 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 $17,154
Mortgage payment$16,142
Property tax$662
Home insurance$350
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 3

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