$3,400,000

16429 40 AVENUE

Surrey BC V3Z 1E5 - Morgan Creek

About This Property

Sought after Morgan Creek neighbourhood. Levelled and drained Prime 10.9 acres of fertile farm land close to all city amenities. Includes a huge , 150 ft x 60 ft , concrete foundation implement shed with open walls, which could possibly be closed in, for a secure barn. Barn is offset to side. Share Sale.

Features

Near Shopping

Property Details

MLS NumberR3108072
Lot Size474,804 sqft
Days on Market124
StatusActive
Listed ByRE/MAX Colonial Pacific Realty

Neighbourhood

Highlighted area = this home's census tract (StatCan), the boundary the neighbourhood stats describe.
$2,500,000Median home value
$146,000Median household income
77.6%Owner-occupied
88.1%Single-detached homes
3.5Avg household size
46.4Median age
39%Bachelor's degree or higher (25-64)
60.4%Commute under 30 min
91.7%Drive to work
41.2%Foreign-born residents
2,400Neighbourhood population

Age

Under 15: 12.9%15 to 64: 66.5%65 and over: 20.6%
  • Under 1512.9%
  • 15 to 6466.5%
  • 65 and over20.6%

Household size

  • 1 person15%
  • 229.9%
  • 314.2%
  • 416.5%
  • 5 or more24.4%

Language spoken at home

48.9% English mother tongue

  • Punjabi26.2%
  • Mandarin9.6%
  • English + other5.2%
  • Spanish1.7%
  • Cantonese1.2%
  • Hindi0.8%
  • All others6.4%

Mother tongue, share of 2,405 residents.

How this pocket differs

  • notably more seniors 65+ than Cloverdale 20.6% vs 12.4%
  • notably fewer children under 15 than Cloverdale 12.9% vs 19.9%
  • notably more 5+ person households than Cloverdale 24.4% vs 15.3%
  • fewer people living alone than Cloverdale 15% vs 20.2%
  • notably more Mandarin speakers than Cloverdale 9.6% vs 1.7%
  • notably more Punjabi speakers than Cloverdale 26.2% vs 11.5%
  • Median household income is notably higher than Metro Vancouver $146,000 vs $90,000
  • Median dwelling value is notably higher than Metro Vancouver $2,500,000 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 size449,906 sqft
Lot dimensions299 × 2435 ft
Lot shapeIrregular
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 $15,788
Mortgage payment$15,389
Property tax$59
Home insurance$340
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 6

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