Development Land Opportunity in South Newton. Rare chance to acquire a 1.90-acre property in one of Surrey’s fastest-growing neighbourhoods. 6159 150 Street offers excellent future development potential with flexible land use options. Ideal for single family residential, small-lot subdivision, or potentially more (subject to City of Surrey approvals, Buyer…
Development Land Opportunity in South Newton. Rare chance to acquire a 1.90-acre property in one of Surrey’s fastest-growing neighbourhoods. 6159 150 Street offers excellent future development potential with flexible land use options. Ideal for single family residential, small-lot subdivision, or potentially more (subject to City of Surrey approvals, Buyer to verify). Existing home on property 5 bed, 3 bath can provide steady rental income while awaiting permits. Well located with convenient access to major roads, schools, parks, shopping, and transit. Strong market fundamentals supported by ongoing residential demand and area growth. A compelling opportunity for builders and investors seeking long-term value in a prime Surrey location. Do not walk on the Property without an appointment.
Features
Vaulted Ceiling(s)
Wet Bar
Balcony
Private Yard
Additional Parking
Garage Double
RV Access/Parking
Front Access
Shopping Nearby
Room measurements5 rooms▸
Primary BedroomMain · 13'8 × 16'
BedroomMain · 12' × 10'1
BedroomMain · 11'11 × 12'1
BedroomBelow · 15'4 × 12'11
BedroomBelow · 8'6 × 12'5
Floor plan
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Property Details
MLS NumberR3145370
Property TypeSingle Family Residence
Bedrooms5
Bathrooms3
Square Feet3,366
Lot Size82,764 sqft
Year Built1977
Parking Spaces2
HeatingBaseboard, Electric, Natural Gas
Days on Market69
StatusActive
Listed ByAXIS Real Estate Solutions Inc.
School Catchment
ElementaryCambridge
SecondarySullivan Heights
Neighbourhood
Highlighted area = this home's census tract (StatCan), the boundary the neighbourhood stats describe.
$700,000Median home value
$116,000Median household income
80.9%Owner-occupied
12.3%Single-detached homes
3Avg household size
35.6Median age
41.7%Bachelor's degree or higher (25-64)
50.3%Commute under 30 min
86.2%Drive to work
41.1%Foreign-born residents
4,420Neighbourhood population
Age
Under 1524.4%
15 to 6467.6%
65 and over7.9%
Household size
1 person15.5%
224.4%
320.6%
426.5%
5 or more13.1%
Language spoken at home
52.6% English mother tongue
Punjabi15%
English + other6.3%
Tagalog4.8%
Hindi2.9%
Mandarin2.3%
Spanish2%
All others14.1%
Mother tongue, share of 4,420 residents.
How this pocket differs
fewer 5+ person households than Sullivan Station 13.1% vs 19.2%
notably fewer Punjabi speakers than Sullivan Station 15% vs 27.5%
more Tagalog speakers than Sullivan Station 4.8% vs 4%
Median household income is higher than Metro Vancouver $116,000 vs $90,000
Median dwelling value is notably lower than Metro Vancouver $700,000 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.
Ped NaimiPersonal Real Estate Corp
Vinod BashirPersonal Real Estate Corp
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