Surrey · V3W 2P4
$22,282/mo
Jessica Kuan
Licensed Mortgage Broker
Estimate only. Rates and qualification depend on your application.
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SUBDIVISION POTENTIAL – APPROX. 3 LOTS! Rare opportunity to own 1.61 acres in prestigious Panorama Ridge. Zoned R1 (½ Acre Residential) with Suburban 1 OCP designation, offering potential for an approximate 3-lot subdivision (buyer to verify with City of Surrey). Features 2 road frontages, city water, and sewer at 56 Ave. The existing 3,400 sq. ft. Tudor-style home offers 6 bedrooms and 3 bathrooms on a private, park-like property with mature fruit trees and is on septic. Surrounded by luxury estate homes and easy access to King George Blvd, HWY to Richmond, and South Surrey/White Rock. Build, develop, or hold as an investment. Opportunity awaits!
Buy / sell history for 12921 56 Avenue, Surrey (Single Family Residence)
5
Beds
3,380 ft²
Floor area
1935
Year built
Single Family Residence
Type
Surrey
Area
Estimate
12921 56 Avenue, Surrey (Single Family Residence)
Estimated value
?Estimated rent
?Rental yield
?School
iGrowth
iRental
iA few details are member-only
Room-by-room dimensions, the level-by-level area split, construction & systems, zoning, PID and legal. Free to reveal with an account.
Space & layout
Finished area
3,380ft²
Level-by-level split
MemberRoom by room
Main floor
Living Room
Kitchen
Dining Room
Primary Bedroom
Basement
Bedroom
Recreation Room
Construction & systems
Construction
Foundation
Roof
Flooring
Water
Sewer
Utilities
Lot, zoning & legal
Zoning
Legal description
Pick the records that matter for this property. Relta inquires with the listing agent and strata on your behalf, then tells you what came back. Some documents cannot always be obtained.
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Relta requests these from the listing agent and strata and follows up with what is available. Availability is not guaranteed. Review any documents with the appropriate professionals.
A clearer view of the monthly and upfront costs connected to this home.
Monthly ownership costs
Estimated monthly total
Calculated estimate
$22,282
Principal and interest
Calculated estimate
$20,815
Property tax
Calculated estimate
$1,317/mo
Home insurance
Assumption
$150/mo
Purchase snapshot
List price
Listing data
$4,500,000
Down payment
Calculated estimate
$900,000 (20%)
Estimated mortgage
Calculated estimate
$3,600,000
Estimates update with the mortgage controls below. They do not include utilities, maintenance, legal fees, or other closing costs.
Original list price
$4,725,000
Mortgage estimate
Metro averages
Est. monthly total
$22,282
/mo
Rate
%
Amortization
Principal and interest
$20,815
Property tax (est.)
$1,317
P&I
Tax
Down payment
$900,000 (20%)
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Jessica specialises in residential financing across Greater Vancouver, helping buyers secure competitive rates and navigate complex purchases with clarity.
Jessica Kuan
Licensed Mortgage Broker
This is an estimate only and does not constitute financial advice or a mortgage offer. Based on $900,000 down (20%) on $4,500,000, Canadian semi-annual compounding. Property tax estimated at Greater Vancouver metro average. No strata fee on record for this listing. Home insurance, land transfer tax, and closing costs are not included. Consult a licensed mortgage professional for personalised advice. Mortgage professionals featured here are independent licensed brokers. Ray Rasouli may receive a referral fee if you choose to work with one. You are under no obligation to use any recommended provider. Full disclosure.
At 3.1083 per $1,000 of assessed value.
Estimated by applying the municipal rate to the asking price. Your actual bill is based on the BC Assessment value, which is set separately and usually differs from the sale price. Home owner grants are not included.
Variable mortgages are quoted against this.
Fixed mortgage pricing follows this.
Set by the Bank of Canada.
These are benchmark rates, not mortgage quotes. Your rate depends on the lender, the term, and your file.
