Note: First 3 Images are rendering pictures. Seller has invested over $20,000 in architectural plans – potential to build a luxurious custom home up to 9,000 SQFT. Welcome to one of the most highly desired neighbourhoods - Panorama Ridge! This current modern 5-bedroom and 4-bathroom home sits on a massive 10,817SQFT lot. The home comes with an open-concept living space and a stunning chef-inspired kitchen sure to impress. Floor-to-ceiling windows, along with an abundance of skylights, make this home perfect for those who enjoy the natural light. Located in a central location close to all amenities and with lots of privacy. School catchments include Colebrook Elementary School & Panorama Ridge Secondary School. BONUS:Coach House above the detached garage is perfect for extra rental income.
Property details
5
Beds
3 full + 1 half
Baths
3,227 ft²
Floor area
10,817 ft²
Lot size
1969
Year built
2
Storeys
5
Parking
$7,107/yr
Gross tax
Location & structure
Single Family Residence
Type
None
Basement
Surrey
Area
Panorama Ridge
Sub-area
Basement
None
Structure
Residential Detached
Features & inclusions
Appliances
Washer/Dryer, Dishwasher, Refrigerator, Stove
Heating
Electric, Forced Air, Natural Gas
Parking
Detached
Lot
Central Location, Recreation Nearby
Community
Shopping Nearby
Additional details
Levels
Two
Main floor (ground)
1,583 ft²
Tax year
2025
Listed by eXp Realty of Canada, Inc.. Data from BCRES. Last updated Jul 8, 2026, 2:00 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 $300,000 down (20%) on $1,500,000, 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 · 657 listings
Detached
302
46.0%
Townhouse
254
38.7%
Condo / Apartment
50
7.6%
Land
32
4.9%
Half-duplex
10
1.5%
Other
9
1.4%
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.
Source: CMHC supply spring 2026
Housing stock here
What this neighbourhood is built of
Census 2021 dwelling structural-type mix · Surrey · 175 dwellings
Single-detached150 · 85.7%
Apartment in duplex25 · 14.3%
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 #59154302· Surrey· Transit 77/100 (148m to frequent)· 0.65 km²
Median rent here
$1,434
Owner shelter cost
$2,840
Renters
9.4%
30%+ on shelter
27.3%
Population (2021)
700
Median age
41.6
Avg household size
4.0
Avg household income
$178,000
Renters
9.4%
Owners
93.8%
Immigrants
38.4%
Post-secondary
44.0%
Avg home value
$2,240,000
Single status
30.3%
Not in labour force
38.3%
Households with kids
42.9%
Median rent
$1,434
Owner shelter cost
$2,840
30%+ on shelter
27.3%
Breakdown
$10,000 to $14,999
5
3.1%
$50,000 to $59,999
5
3.1%
$60,000 to $69,999
10
6.3%
$80,000 to $89,999
5
3.1%
$90,000 to $99,999
10
6.3%
$100,000 to $124,999
10
6.3%
$125,000 to $149,999
20
12.5%
$150,000 to $199,999
30
18.8%
$200,000 and over
65
40.6%
Source: Statistics Canada, 2021 Census of Population (Census Profile, dissemination area 59154302).
Market story
Rent in Surrey
Census 2021 avg $1,434/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
