5587 KING GEORGE BOULEVARD
Fraser Valley · V3X3G1
$2,980,000
About this residence
Excellent opportunity to acquire almost 1 acre of land in prestigious Panorama Ridge, Surrey. This property falls within the Frequent Bus Stop Area, offering potential for higher density redevelopment (verify with City of Surrey). The lot features easy access to stormwater connection, sewer connection available on Trites Rd. Existing home is an older rancher with basement. Value is in the land. Potential for panoramic water views with future subdivision. To be sold together with 2 adjacent properties (5567 & 5577 King George) for a total land assembly of approx. 1.9 acres. Ideal for developers or land investors looking to capitalize on Surrey's growth. (id:61366)
Property details
- Property type
- Single Family
- Style
- House
- Ownership
- Freehold
- Bedrooms
- 3
- Bathrooms
- 2
- Living area
- 3,466 sq ft
- Lot size
- 40641.48
- Parking
- 10 spaces
- Fireplace
- 1
- Year built
- 1969
- Annual tax
- $6,265
- MLS®
- R3035826
- Board
- Fraser Valley
- Status
- Active
- Listed
- Aug 11, 2025
- Updated
- Mar 31, 2026
Features & finishes
Appliances
- Washer
- Refrigerator
- Dishwasher
- Dryer
- Stove
Heating
- Forced air
- Natural gas
- Wood
Basement
- Full
- Finished
Parking
- Carport
- Other
- RV
Sewer & Utilities
- Septic tank
- Electricity
- Natural Gas
- Water
Views
- View
Architecture
- Ranch
Financing
Estimated monthly payment
$13,937/mo
Loan amount
$2,384,000
Down payment
$596,000
Estimate only. Rates and terms vary by lender and qualification.
Powered by Lenderoo.caLocation & area
Fraser Valley
Nearby
About the area
Census · V3X- 33,054
- Population
- 37
- Median age
- $115,000
- Median income
- $1,200,000
- Median home value
- 73%
- Home ownership
- 32 min
- Avg. commute
Age distribution
Tenure
Neighbourhood statistics for the property’s forward sortation area. Figures are census-derived estimates.
Powered by Neighbourly.ioFrequently asked questions
What is the asking price for 5587 KING GEORGE BOULEVARD?
5587 KING GEORGE BOULEVARD is listed for $2,980,000, in Fraser Valley.
How many bedrooms and bathrooms does 5587 KING GEORGE BOULEVARD have?
It offers 3 bedrooms and 2 bathrooms.
What type of home is 5587 KING GEORGE BOULEVARD?
5587 KING GEORGE BOULEVARD is a Single Family, House, built in 1969.
How large is 5587 KING GEORGE BOULEVARD?
The home offers approximately 3,466 sq ft of living space on a lot measuring 40641.48.
What would the monthly mortgage payment be?
With a 20% down payment at a 5.0% interest rate over a 25-year amortization, the estimated monthly payment is about $13,937. Use the mortgage calculator above to model your own scenario.
What are the annual property taxes?
Property taxes are approximately $6,265 per year.
Is there parking?
Yes — 5587 KING GEORGE BOULEVARD includes 10 parking spaces.
What is the Fraser Valley area like?
Fraser Valley has a population of about 33,054, a median age of 37, a 73% home-ownership rate, with an average commute of about 32 minutes.
What is the average home value in Fraser Valley?
The median dwelling value in this area is approximately $1,200,000, based on census data via Neighbourly.
What is the median household income in Fraser Valley?
The median household income in this area is approximately $115,000.
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