An exceptional investment opportunity in a high-demand South Surrey location. 1682 140th Street offers strong potential for future fourplex development (subject to municipal approvals), making it an ideal acquisition for builders, developers, and long-term investors. Situated on a well-located lot within an established and evolving neighbourhood, this…
An exceptional investment opportunity in a high-demand South Surrey location. 1682 140th Street offers strong potential for future fourplex development (subject to municipal approvals), making it an ideal acquisition for builders, developers, and long-term investors. Situated on a well-located lot within an established and evolving neighbourhood, this property benefits from proximity to schools, parks, shopping, transit, and major commuter routes-key drivers for multi-unit rental demand and resale value. The area continues to see steady growth, with increasing interest in gentle density and small multi-family projects. Whether held as a land-banking strategy or positioned for redevelopment, this property represents a rare chance to capitalize on Surrey's ongoing expansion, housing demand.
Features
Tandem
Front Access
Asphalt
Room measurements9 rooms▸
KitchenMain · 10'10 × 12'7
Dining RoomMain · 10'10 × 9'1
Living RoomMain · 13'10 × 18'5
Primary BedroomMain · 11'6 × 15'2
BedroomMain · 10'4 × 10'7
KitchenBelow · 11'7 × 12'11
BedroomBelow · 11'3 × 10'6
BedroomBelow · 11'2 × 14'8
BedroomBelow · 12'11 × 18'5
Floor plan
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Property Details
MLS NumberR3119947
Property TypeSingle Family Residence
Bedrooms5
Bathrooms2
Square Feet2,244
Year Built1974
HeatingForced Air, Natural Gas
Days on Market106
StatusActive
Listed ByHugh & McKinnon Realty Ltd.
School Catchment
ElementaryBayridge
SecondarySemiahmoo
Neighbourhood
Highlighted area = this home's census tract (StatCan), the boundary the neighbourhood stats describe.
$1,200,000Median home value
$83,000Median household income
81.5%Owner-occupied
67.7%Single-detached homes
2.4Avg household size
50.8Median age
53.4%Bachelor's degree or higher (25-64)
53.8%Commute under 30 min
83.7%Drive to work
42.4%Foreign-born residents
5,243Neighbourhood population
Age
Under 1514.3%
15 to 6456.1%
65 and over29.6%
Household size
1 person25.1%
238.5%
314.7%
415.9%
5 or more5.8%
Language spoken at home
58.8% English mother tongue
Mandarin21.3%
English + other2.3%
Korean2%
Punjabi1.7%
Cantonese1.6%
German1.4%
All others10.9%
Mother tongue, share of 5,230 residents.
How this pocket differs
notably more Mandarin speakers than South Surrey White Rock 21.3% vs 12.1%
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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