10612 138 St, Surrey, BC, MLS® R3024023

$2,500,000
Est. Mortgage /mo

$2,500,000
Est. Mortgage /mo
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
Go See This Home Now
2 Beds
1 Baths
1 Stories
lot 7888 sqft
848 sqft
1951 built
Show more info
Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

10612 138 St, Surrey, BC | MLS® R3024023 Property Details

Exceptional development opportunity in the heart of Surrey City Centre! This 2-bedroom, 1-bathroom home sits on a 7888 sq ft lot. Designated 6-storey land assembly area with up to 2.5 FAR potential. Just minutes from Gateway & Surrey Central SkyTrain Stations, SFU Campus, City Hall, T&T, Walmart, Central City Mall, and more. Easy access to King George Blvd, Fraser Hwy & Hwy 1. An ideal investment for future growth--perfectly positioned in a rapidly transforming urban hub!

General Info

Price $2,500,000
Total Bedrooms 2
Total Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 848
Lot Size 7888
Lot Size Depth Feet
Lot Size Frontage 60.5
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 1951
Age Of Building 74
Building Type Single Family Residence
Property Type Residential
Architecture Style Rancher/Bungalow
Stories 1
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS® # R3024023
Area North Surrey
Neighbourhood Whalley
City Surrey
Gross Taxes $5,948.06
Ownership Type Freehold NonStrata
Maintenance Fee -
Community Features Shopping Nearby

Heating & Cooling

Fireplace -
Heating Type Electric

Utilities

Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource) Public

Parking

Parking Type Open, RV Access/Parking, Guest, Front Access
Total Parking Spaces 3

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Strata Restrictions -
Rental Restrictions -
Zoning RF
Rental Suites None
# of Kitchens 1
Foundation Concrete Perimeter
Locker -
View Description -
Units In Development -
Exterior Features Private Yard
Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Roof Asphalt

Property History

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Status Date Price
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Listed by: Sutton Group - Supreme Realty Corporation & eXp Realty of Canada, Inc.

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.

Neighborhood Info

Public Schools

Secondary
Kwantlen Park Secondary School
1.4 km
Elementary
Forsyth Road Elementary School
Below Average
0.24 km
2.6/10

Information includes BC Government Open License data; school details change often and are offered solely as general guidance.

Private Schools

Elementary
Our Lady of Good Counsel
0.35 km
9.7/10
Excellent
Secondary
Honour Secondary School
1.84 km

Closest Transit

Bus Stop
Eastbound 108 Ave @ 138 St
0.32 km
Skytrain
Skytrain @ Gateway Stn
0.90 km

Noise/ Power Lines

Road/Hwy Noise
Possible
Railway/Sky train Noise
Unlikely
Airport/Port Noise
Unlikely
Close to major Power Lines
Unlikely

Other

Agricultural Land Reserve (ALR)
Unlikely
Flood Area
Unlikely
Close to Cemeteries
Unlikely

Welcome to the charming community surrounding 10612 138 Street, Surrey, BC. As we explore this beautiful neighborhood, I'm excited to share with you the unique qualities that make it an ideal place to call home.

Let's start with the education system in this area. The property at 10612 138 Street, Surrey, BC is conveniently located near Forsyth Road Elementary School, with a rating of 2.6/10 and situated just 0.24 km away. This school is a great option for families, providing a solid foundation for young minds. Additionally, Kwantlen Park Secondary School, with a rating of No Rating, is 1.4 km away, offering students a wide range of academic and extracurricular opportunities.

For those seeking alternative education options, Our Lady of Good Counsel, an independent elementary school with a stellar rating of 9.7/10, is just 0.35 km from this home. This school is renowned for its exceptional academic programs and nurturing environment. Honour Secondary School, an independent secondary school with No Rating, is 1.84 km away, providing students with a unique and personalized learning experience.

Now, let's talk about safety. The latest crime data from Statistics Canada (2020) reveals that there were 44,976 incidents in this neighborhood, with a total crime rate of 7,512.73 per 100,000 population. This is considered Average compared to other Canadian cities. Furthermore, the year-over-year change in the total crime rate is -12.05%, indicating a decline in crime rates. To put this into perspective, the illegal substances offences rate is Above Average, with a rating of 390.7, while property misconduct is Average, with a rating of 3,746.17. Violent crime rates are Below Average, with 1,310.25 incidents per 100,000 population.

Now, let's take a look at the local amenities. The closest Bus station, Eastbound 108 Ave @ 138 St, is just 0.32 km away from this listing with MLS® R3024023. This convenient access to public transportation makes it easy to get around the city.

In terms of demographics, this neighborhood has a diverse population. 18.9% of residents hold a university certificate or degree, which is Average compared to other BC neighborhoods. However, 20.9% of the population has no certificate or degree, which is Above Average. The median household income is $58,688, which is Below Average compared to the British Columbia average. The median personal income is $26,876, also Below Average. Interestingly, 79% of households in this area have a mortgage, which is High.

Unemployment rates in this area are also noteworthy. The current rate is 7.1%, which is Below Average compared to other province neighborhoods. This suggests that the local economy is stable and job opportunities are available.

Population growth in this area is significant, with a 11.5% increase between 2011 and 2016, which is High compared to average growth rates in the region. The population density per square kilometer is 3,557.2, which is Above Average. The average family size is 3.1, which is also Above Average. However, the percentage of married or living common law couples is 49.2%, which is Below Average.

The average age of the population in this area is 37.4, which is Low compared to other BC cities. This suggests that the area is attractive to young families and professionals. The average value of dwellings in this neighborhood is $476,258, which is Above Average compared to other areas in British Columbia.

In terms of housing costs, the average owner payments are Above Average, with $1,383 spent on dwellings. Tenants are paying $1,091, which is also Above Average. Interestingly, 53.9% of the population in this area are renters, which is High compared to other BC cities and areas.

Language diversity is also a notable aspect of this neighborhood. The percentage of English and French speakers is 3.7%, which is Low. The percentage of English speakers only is 91%, which is Average. The percentage of French speakers only is 0.1%, which is Low. The percentage of neither English nor French speakers is 5.1%, which is High compared to other BC cities.

Transportation options in this area are diverse, with 30.4% of the population using public transport, which is High. 64.3% of the population use cars, which is Low. 0.3% of the population use bicycles, which is Low. 4.4% of the population walk, which is Average.

In conclusion, 10612 138 Street, Surrey, BC is a vibrant and diverse community that offers a unique blend of

Local Info

Calculate your monthly mortgage payments

/month
Principal & Interest
Property Taxes $202
Maintenance fee 0
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Cash Flow Analysis

/month
Mortgage Payment $3201
Monthly Payment $3802
Break Even Down Payment 0%
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Price Evaluation Chart

Filter
Beds Home Types Square Feet Lot Size Year Built
This Home $2,500,000
Surrey $1,242,878
Whalley $2,049,000
Data is based on list prices of similar active listings. 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

Listing Price Comparision

This house $1,400,000
Surrey

No comparables

Fleetwood Tynehead $1,399,000 -6.38%
Data is based on list prices of similar active listings. 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
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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