$1,075,000

7881 138 STREET

Surrey BC V3W 7B5 - East Newton

About This Property

Prime development and investment opportunity on a 8,956 sq. ft. R3-zoned lot. Build a single-family home or duplex with garden suite, accommodating a three-level residence (two storey plus basement) with a legal basement suite. Excellent potential for multi-income revenue and long-term appreciation. Situated in a quiet, centrally located neighbourhood with…

Features

Near Shopping

Property Details

MLS NumberR3088045
Lot Size8,956 sqft
Days on Market199
StatusActive
Listed BySutton Premier Realty

School Catchment

Elementary Bear Creek
Secondary Frank Hurt

Neighbourhood

Highlighted area = this home's census tract (StatCan), the boundary the neighbourhood stats describe.
$650,000Median home value
$90,000Median household income
75.5%Owner-occupied
39.6%Single-detached homes
3Avg household size
38.8Median age
26.1%Bachelor's degree or higher (25-64)
41%Commute under 30 min
75.5%Drive to work
45.4%Foreign-born residents
5,157Neighbourhood population

Age

Under 15: 16.2%15 to 64: 67%65 and over: 16.9%
  • Under 1516.2%
  • 15 to 6467%
  • 65 and over16.9%

Household size

  • 1 person19.9%
  • 229.4%
  • 316.2%
  • 416.8%
  • 5 or more17.7%

Language spoken at home

45.7% English mother tongue

  • Punjabi21.2%
  • English + other6.3%
  • Tagalog5.5%
  • Hindi3%
  • Arabic1.5%
  • Two+ others1.4%
  • All others15.4%

Mother tongue, share of 5,160 residents.

How this pocket differs

  • notably fewer 5+ person households than Bear Creek Green Timbers 17.7% vs 27.8%
  • more people living alone than Bear Creek Green Timbers 19.9% vs 14%
  • notably fewer Punjabi speakers than Bear Creek Green Timbers 21.2% vs 39.1%
  • notably more Tagalog speakers than Bear Creek Green Timbers 5.5% vs 3.2%
  • fewer Hindi speakers than Bear Creek Green Timbers 3% vs 3.9%
  • Median dwelling value is notably lower than Metro Vancouver $650,000 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 East Newton?

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Estimated monthly cost $5,399
Mortgage payment$4,895
Property tax$395
Home insurance$110
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 24

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