$998,000

12627 58 AVENUE

Surrey BC V3X 2P5 - Panorama Ridge
4 bd
2.5 ba
2,103 sqft
Built 1970

About This Property

Best-priced opportunity on a nearly 8,000 sqft lot in a prime Surrey location. This basement-entry home features 3 bedrooms and 2 bathrooms on the main floor, plus a 1-bedroom suite below. The basement is currently rented for $1,600 per month on a month-to-month basis, offering immediate rental income. The spacious backyard includes a large deck and…

Features

Balcony
Additional Parking
Garage Single
Front Access
Shopping Nearby
Room measurements9 rooms
Living RoomMain · 13'6 × 17'6
Dining RoomMain · 10'1 × 10'4
KitchenMain · 8' × 9'
Primary BedroomMain · 12' × 14'
BedroomMain · 9' × 10'
BedroomMain · 10' × 11'
Living RoomBsmt · 14' × 18'
KitchenBsmt · 8' × 13'
BedroomBsmt · 10' × 14'

Property Details

MLS NumberR3123774
Property TypeSingle Family Residence
Bedrooms4
Bathrooms2.5
Square Feet2,103
Lot Size7,937 sqft
Year Built1970
Parking Spaces1
HeatingForced Air
Days on Market118
StatusActive
Listed BySutton Group-West Coast Realty

School Catchment

Elementary J.T. Brown
Secondary Tamanawis

Neighbourhood

Highlighted area = this home's census tract (StatCan), the boundary the neighbourhood stats describe.
$1,400,000Median home value
$118,000Median household income
71.6%Owner-occupied
38.6%Single-detached homes
3.6Avg household size
38Median age
33%Bachelor's degree or higher (25-64)
55.9%Commute under 30 min
90%Drive to work
50.6%Foreign-born residents
5,410Neighbourhood population

Age

Under 15: 15.7%15 to 64: 68%65 and over: 16.3%
  • Under 1515.7%
  • 15 to 6468%
  • 65 and over16.3%

Household size

  • 1 person10.4%
  • 223.5%
  • 315.4%
  • 423.8%
  • 5 or more26.8%

Language spoken at home

48% Punjabi mother tongue

  • English28%
  • English + other7.1%
  • Hindi4.3%
  • Mandarin2.1%
  • Urdu1.7%
  • Cantonese0.8%
  • All others8%

Mother tongue, share of 5,410 residents.

How this pocket differs

  • fewer people living alone than Panorama Ridge 10.4% vs 13.3%
  • Median household income is higher than Metro Vancouver $118,000 vs $90,000
  • Median dwelling value is higher than Metro Vancouver $1,400,000 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.

Thinking of selling in Panorama Ridge?

See what your home could be worth and how the local market is moving.

Monthly Cost Calculator

Estimated monthly cost $5,107
Mortgage payment$4,603
Property tax$404
Home insurance$100
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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