A rare opportunity to acquire a prime 8,700 sq. ft. lot in the highly sought-after Fraser Heights neighbourhood. This spacious parcel offers the ability to build a large three-level custom home of up to approximately 7,800 sq. ft., with the potential to subdivide into a duplex lot (buyer to verify with the City of Surrey)—making it an excellent option for builders, investors, or homeowners looking to maximize future value. Located on a quiet, family-friendly street, the property is surrounded by established homes and mature greenery. Tynehead Regional Park is just minutes away, offering scenic walking trails and outdoor recreation. Families will appreciate the proximity to top-rated schools, including Bothwell Elementary, Fraser Heights Secondary, and Pacific Academy.
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NOTE: 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 Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.
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Welcome to the charming neighborhood of Fraser Heights, located in the beautiful city of Surrey, British Columbia. As we take a stroll through this vibrant community, you'll discover that 10047 173 Street is the perfect address to call home.
First, let's talk about the schools in the area. Bothwell Elementary School, with its rating of 6/10, is conveniently located just 0.49 km from this lovely property, making it an ideal choice for families with young children. Fraser Heights Secondary School, with its rating of No Rating, is also in the vicinity, situated 2.85 km from this home. If you're looking for an independent school option, Pacific Academy, boasting an impressive rating of 8.9/10, is just a short 0.9 km away.
Now, let's discuss the crime rates in the area. According to the latest statistics from Statistics Canada (2020), the overall crime rate near 10047 173 Street, Surrey, BC is 7,512.73, which is considered Average compared to other Canadian cities. However, it's essential to note that the crime rate has decreased by 12.05% over the years, indicating a safer and more secure environment for residents. When it comes to specific types of crimes, the area surrounding this property has an Above Average rate of drug-related offenses, with a rating of 390.7. Nevertheless, the year-over-year change in this ranking is a notable 16.32%.
In terms of demographics, the neighborhood surrounding 10047 173 Street, Surrey, BC is characterized by a high level of education, with 30.1% of the population holding a university certificate or degree, which is Above Average compared to other BC neighborhoods. On the other hand, 13.1% of the population in this area has no certificate or degree, which is Below Average compared to the average in BC.
As for income and employment, the median household income near this property is $106,138, which is High compared to the British Columbia average. The median personal income is $32,000, which is Average in comparison to the BC average. Additionally, 65.2% of households in the area have a mortgage, which is Above Average.
When it comes to population growth and density, the area surrounding 10047 173 Street, Surrey, BC has experienced an Average population change of 1.4% between 2011 and 2016. The population density in this community is 406.2 people per square kilometer, which is Average.
Families with children are well-represented in this neighborhood, with 73.4% of families in the area having children, which is High. The average family size is 3.2, which is High compared to the whole region. Furthermore, 63% of the population is married or living common law, which is Above Average.
The average age of the population in this area is 38.5, which is Below Average in comparison to other BC cities. As for housing, the average value of dwellings in this neighborhood is $1,075,960, which is High compared to other areas in British Columbia.
Regarding housing payments, the average owner payment is High in the area adjacent to 10047 173 Street, with owners spending an average of $1,939 per month. Tenants, on the other hand, are paying $1,131, which is Above Average. It's worth noting that 15.8% of the population in this district are renters, which is Below Average compared to other BC cities and areas.
In terms of transportation, 86.1% of the population in this area uses cars, which is Average. 11.4% of the population uses public transport, which is Average, while 2% of the population walks, which is Below Average.
In conclusion, 10047 173 Street, Surrey, BC, MLS® R3078089 is an excellent choice for those seeking a safe, family-friendly community with easy access to various amenities. With its proximity to top-rated schools, low crime rates, and high level of education, this property is sure to please even the most discerning buyers.
Come and experience the best of Surrey living at 10047 173 Street, MLS® R3078089. This stunning property is waiting for you to make it your home.
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