11298 Lyon Rd, Delta, BC, MLS® R3070291

$1,590,000
Est. Mortgage /mo

11.1% price reduction

$1,590,000
$1,788,000
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
8 Beds
4 Baths
2 Stories
lot 8004 sqft
3534 sqft
1976 built
Show more info
Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

11298 Lyon Rd, Delta, BC | MLS® R3070291 Property Details

11.1% price reduction

Outstanding Turn-Key Investment Property with Development Options! Lovingly transformed into a wonderful Revenue Property, a terrific home on a Corner Lot, close to excellent schools awaits you. With a self contained 2 bedroom legal suite, plus 4 additional rooms rented individually as shared accommodation, this fantastic property is conveniently located close to Cougar Canyon Elementary, Seaquam Secondary, as while you can plan to build in the future. Currently zoned as a Duplex Lot that can be built with suites on both sides, other options for a 4-plex etc. may be possible with rezoning app. Currently generating $4400/month in rental income with the potential for more! Don't miss this unique opportunity!

General Info

Price $1,590,000
Total Bedrooms 8
Total Bathrooms 2
Half Bathrooms 2
Floor Area Total (sqft) 3534
Lot Size 8004
Lot Size Depth Feet
Lot Size Frontage 68.9
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 1976
Age Of Building 49
Building Type Single Family Residence
Property Type Residential
Stories 2
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS® # R3070291
Area N. Delta
Neighbourhood Sunshine Hills Woods
City Delta
Gross Taxes $5,317.28
Ownership Type Freehold NonStrata
Maintenance Fee -

Heating & Cooling

Fireplace 3
Heating Type Forced Air, Natural Gas, Wood

Utilities

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

Parking

Parking Type Additional Parking, Garage Double, Open, Front Access, Side Access
Total Parking Spaces 6

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Strata Restrictions -
Rental Restrictions -
Zoning RS1
Rental Suites Legal Suite,Other
Laundry In Unit
# of Kitchens 3
Flooring Mixed
Foundation Concrete Perimeter
Locker -
View Description -
Units In Development -
Exterior Features Balcony
Sewer Public Sewer
Roof Wood

Property History

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Status Date Price
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Listed by: Royal Pacific Lions Gate Realty Ltd.

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
Seaquam Secondary School
0.61 km
Elementary
Sunshine Hills Elementary School
Average
0.5 km
5.9/10

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

Private Schools

Elementary
St. Bernadette
3.86 km
8.5/10
Excellent
Elementary, Secondary
Khalsa School (Surrey)
7.57 km

Closest Transit

Bus Stop
Eastbound 72 Ave @ 113 St
0.51 km
Skytrain
Skytrain @ King George Stn
7.59 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 beautiful community of Sunshine Hills, where I have the pleasure of showing you around the stunning property at 11298 Lyon Road, Delta, BC, listed as MLS® R3070291. This picturesque neighborhood offers an ideal blend of natural beauty, excellent schools, and modern amenities.

Let's start with the schools. Sunshine Hills Elementary School, located just 0.5 km from this property, has a rating of 5.9/10, making it an excellent choice for families. Additionally, Seaquam Secondary School is nearby, a mere 0.61 km away, with a rating of No Rating. For parents seeking an independent school option, St. Bernadette Elementary is just 3.86 km from this property, boasting a rating of 8.5/10. For secondary independent school options, Khalsa School (Surrey) is 7.57 km away, with a rating of No Rating.

Now, let's take a look at the safety of the area. According to the latest crime statistics from Statistics Canada (2020), this neighborhood has a crime rate of 5,106.05, which is below average compared to other Canadian cities. With a year-over-year change of -11.76%, the crime rate in this area is steadily decreasing, providing residents with peace of mind.

In terms of demographics, this community boasts an above-average percentage of residents with a university certificate or degree, at 31.4%. Conversely, only 11% of the population has no certificate or degree, which is low compared to the average in BC. The median household income near this property is $117,632, which is high compared to the British Columbia average. Additionally, the median personal income is $40,657, also above average in comparison to the BC average.

Transit-wise, the nearest bus station is Eastbound 72 Ave @ 113 St, just 0.51 km away from this listing. This convenient location makes it easy to get around without a car.

This neighborhood is also known for its family-friendly atmosphere, with an average family size of 3, which is above average in comparison to the whole region. The percentage of families with children is 65.1%, also above average. Moreover, the average age of the population is 42.1, which is average compared to other BC cities.

As for housing, the average value of dwellings in this neighborhood is $1,035,554, which is high compared to other areas in British Columbia. The average owner payments are above average, with owners spending an average of $1,450 on their dwellings. Tenants, however, are paying $2,040, which is also high compared to other cities.

In terms of language, 9% of the population speaks both English and French, which is average. However, 87.9% of the population speaks only English, which is below average. The percentage of neither English nor French speakers is 3%, which is above average compared to other BC cities.

Lastly, 9.7% of the population uses public transport, which is average, while 86% use cars, also average. Only 0.4% of the population uses bicycles, which is low, and 2.8% walk, which is below average.

In conclusion, 11298 Lyon Road, Delta, BC, listed as MLS® R3070291, offers an exceptional blend of natural beauty, excellent schools, and modern amenities. With its below-average crime rate, above-average demographics, and convenient transit options, this property is an ideal choice for families and individuals seeking a comfortable and secure living environment.

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 $1,590,000
Delta No comparables
Sunshine Hills Woods No comparables
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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