Investor/Developer Alert! Rare 2.45-acre flat, cleared property in prestigious Elgin Chantrell, extending from 140 Street to 139 Street. The solid, partially updated home (2015) offers 7 bedrooms and 6 bathrooms, complemented by a detached 5-car garage, an additional rear garage and ample storage, providing excellent holding value. Proposed rezoning from RA…
Investor/Developer Alert! Rare 2.45-acre flat, cleared property in prestigious Elgin Chantrell, extending from 140 Street to 139 Street. The solid, partially updated home (2015) offers 7 bedrooms and 6 bathrooms, complemented by a detached 5-car garage, an additional rear garage and ample storage, providing excellent holding value. Proposed rezoning from RA to R2 and subdivision into 8 residential lots, each approx. 10,021 sqft, with potential for single-family homes or multiplex development. Current Planning Status: Third Reading. An exceptional investment opportunity in one of South Surrey's most desirable neighbourhoods. Call for details!
Features
Balcony
Private Yard
Garage Triple
Front Access
Shopping Nearby
Room measurements14 rooms▸
Living RoomMain · 15'6 × 22'4
Dining RoomMain · 11'11 × 19'3
KitchenMain · 23'7 × 24'9
Great RoomMain · 26'6 × 46'3
BedroomMain · 10'6 × 11'2
DenMain · 0'0 × 0'0
SolariumMain · 12'11 × 13'9
Family RoomAbove · 15'6 × 22'1
Primary BedroomAbove · 13'5 × 17'6
BedroomAbove · 9'6 × 9'11
BedroomAbove · 9'1 × 10'0
BedroomAbove · 14'0 × 17'6
BedroomAbove · 10'4 × 9'11
BedroomAbove · 10'4 × 17'9
Floor plan
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Highlighted area = this home's census tract (StatCan), the boundary the neighbourhood stats describe.
$2,000,000Median home value
$115,000Median household income
71.6%Owner-occupied
78.4%Single-detached homes
2.6Avg household size
49.6Median age
47%Bachelor's degree or higher (25-64)
49.5%Commute under 30 min
87.9%Drive to work
26.6%Foreign-born residents
5,335Neighbourhood population
Age
Under 1515.6%
15 to 6459.5%
65 and over25%
Household size
1 person26%
233%
314.1%
415.8%
5 or more11.2%
Language spoken at home
72.2% English mother tongue
Mandarin12.2%
Punjabi2.7%
English + other1.8%
German1.5%
French0.9%
Cantonese0.8%
All others7.9%
Mother tongue, share of 5,315 residents.
How this pocket differs
more people living alone than Crescent Bch Ocean Pk. 26% vs 19.2%
Median household income is higher than Metro Vancouver $115,000 vs $90,000
Median dwelling value is notably higher than Metro Vancouver $2,000,000 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 size105,878 sqft
Lot dimensions162 × 659 ft
Lot shapeRectangular
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$40,346
Mortgage payment$37,322
Property tax$2,525
Home insurance$500
Partner Rates Available
Contact us for preferred mortgage rates
Monthly cost
Estimated monthly$40,346
$6,790,000$9,190,000
20%50%
3.04%7.04%
5 years30 years
$24,095/yr$36,495/yr
$400/mo$600/mo
An estimate only. Canadian semi-annual compounding; excludes utilities, closing costs and BC property transfer tax.
5-year fixed, as of Oct 9
