Welcome to this beautifully maintained 4-level split home in the desirable Panorama Park neighbourhood. Situated on a landscaped 7,126 sq. ft. lot, this spacious home offers 4 bedrooms, 3 bathrooms, and 2,728 sq. ft. of functional living space. The kitchen features modern cabinetry, newer countertops and stainless steel appliances. Bright living and dining areas with a cozy fireplace are perfect for entertaining, while the family room opens to a covered deck and private backyard. Upstairs offers a spacious primary bedroom with a walk-in closet and 3-piece ensuite, plus two additional bedrooms. A fourth bedroom on the main floor is ideal for guests or extended family. A Unfinished basement with over 570 sq ft for your imagination. Close to all major parks, schools and highways.
Property details
4
Beds
3 full
Baths
2,155 ft²
Floor area
7,126 ft²
Lot size
1982
Year built
2
Storeys
2
Parking
$5,241/yr
Gross tax
Location & structure
Single Family Residence
Type
Unfinished
Basement
Yes
Garage
No
Carport
2
Fireplaces
Surrey
Area
Panorama Ridge
Sub-area
4 Level Split
Style
Style
4 Level Split
Basement
Unfinished
Structure
Residential Detached
Property highlights
Private yard
Fireplace
Features & inclusions
Appliances
Washer/Dryer, Dishwasher, Refrigerator, Stove
Heating
Electric, Forced Air, Natural Gas
Parking
Garage Double
Lot
Central Location, Recreation Nearby
Community
Shopping Nearby
Additional details
Levels
Two, Multi/Split
Main floor (ground)
1,407 ft²
Tax year
2025
Listed by Team 3000 Realty Ltd.. Data from BCRES. Last updated Jun 30, 2026, 4:58 PM.
This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy.
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 $249,800 down (20%) on $1,249,000, Canadian semi-annual compounding. Property tax sourced from listing. 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.
Inventory mix
What this area trades in
Within 3 km of this listing · 792 listings
Detached
328
41.4%
Townhouse
326
41.2%
Condo / Apartment
88
11.1%
Land
29
3.7%
Half-duplex
11
1.4%
Other
10
1.3%
Source: active, display-eligible listings within 3 km of this listing. The radius widens automatically when nearby inventory is sparse.
Supply outlook
Where supply, demand, and prices are heading by 2035
CMHC scenario data, applied to this listing's metro area
House prices, 2024 to 2035
CMHC scenario comparison
18.4 percentage points
Building enough supply could keep prices 18.4 percentage points lower by 2035.
Source: CMHC supply-shortages report (2026)
Housing starts needed each year
Current pace vs CMHC supply target
7,245 units short
Vancouver is starting about 7,245 fewer units per year than CMHC says is needed to keep prices stable.
Source: CMHC supply-shortages report (2026)
Housing stock, 2024 to 2035
Projected dwellings under current trajectory
24.0 percentage points
Stock grows about 24.0% over the period under the business-as-usual scenario.
Source: CMHC supply-shortages report (2026)
Apartment construction pace
Apartment starts in 2025 vs the 10-year average
8.6% above
Condo and rental apartment construction is running 8.6% above the 10-year pace, easing future apartment scarcity.
Source: CMHC supply spring 2026
Family-home construction pace
Houses and townhomes started in 2025 vs the 10-year average
20.9% below
Ground-oriented (houses + townhomes) construction is running 20.9% below the 10-year pace, squeezing family-sized supply.
Census 2021 dwelling structural-type mix · Surrey · 340 dwellings
Apartment in duplex195 · 57.4%
Single-detached100 · 29.4%
Low-rise apartment45 · 13.2%
Source: Statistics Canada · 2021 Census of Population
Neighbourhood demographics
Who lives in this small neighbourhood
The following information covers the Dissemination Area that contains this property. A dissemination area is the smallest standard geographic area Statistics Canada publishes data for, typically 400 to 700 residents.
Statistics Canada Area #59152065· Surrey· Transit 71/100 (432m to frequent)· 0.27 km²
Median rent here
$1,560
Owner shelter cost
$2,500
Renters
37.3%
30%+ on shelter
26.9%
Population (2021)
1,245
Median age
36.4
Avg household size
3.7
Avg household income
$133,000
Renters
37.3%
Owners
64.2%
Immigrants
52.0%
Post-secondary
50.0%
Avg home value
$1,350,000
Single status
28.4%
Not in labour force
29.6%
Households with kids
41.2%
Median rent
$1,560
Owner shelter cost
$2,500
30%+ on shelter
26.9%
Breakdown
$20,000 to $24,999
5
1.5%
$30,000 to $34,999
5
1.5%
$35,000 to $39,999
10
3.0%
$40,000 to $44,999
10
3.0%
$45,000 to $49,999
5
1.5%
$50,000 to $59,999
20
6.1%
$60,000 to $69,999
20
6.1%
$70,000 to $79,999
20
6.1%
$80,000 to $89,999
15
4.5%
$90,000 to $99,999
20
6.1%
$100,000 to $124,999
40
12.1%
$125,000 to $149,999
55
16.7%
$150,000 to $199,999
50
15.2%
$200,000 and over
55
16.7%
Source: Statistics Canada, 2021 Census of Population (Census Profile, dissemination area 59152065).
Market story
Rent in Surrey
Census 2021 avg $1,560/mo here · Vancouver 4BR rent (est) trend below
Estimate, not a prediction. Forward values use CMHC scenario growth rates applied to the latest actual. Actual outcomes will differ. Do not use as financial advice.
Vancouver CMA rental snapshot · 2025
Purpose-built vacancy
3.7%
Avg 2BR rent
$2,363
+2.2% YoY
Condo vacancy
1.5%
Avg 2BR condo rent
$2,900
Source: CMHC Rental Market Report (2025)
CMHCVancouver outlook
From the CMHC Spring 2026 Housing Supply Report · Mar 2026
