1202 10899 University Dr, Surrey, BC, MLS® R2872868

$575,000
Est. Mortgage /mo

Closed

$588,000
Closed at 10 May 2024
Listing price: $575,000
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
2 Baths
1 Stories
$ 629.89 Maint. Fee
1161 sqft
1995 built
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Map
Street view
Schools
Crime
Commute
Shop & Eat

1202 10899 University Dr, Surrey, BC | MLS® R2872868 Property Details

The Observatory is ideally located near Gateway Skytrain Station for easy access to Surrey Central Mall, SFU, Athletic Park and Downtown Vancouver. This very spacious unit provides ample in-suite storage and laundry, is vacant and move in ready. 2 large bdrms & den plus 2 full baths. MBDRM ensuite with double basins, separate shower/soaker tub, his and hers closets. 24/7 monitored access w/onsite caretaker. 1 parking stall and a locker for added convenience. Great panoramic views of the mountains, river and city bring lots of natural light into the unit. This very well maintained strata has everything that you need with amenities like the clubhouse, exercise room, sauna & hot tub. ***Open House this Saturday, April 20th and Sunday 21st from 2-4pm.***

General Info

Price $575,000
Total Bedrooms 2
Total Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 1161
Lot Size -
Lot Size Depth -
Lot Size Frontage -
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 1995
Age Of Building 29
Building Type Apartment/Condo
Property Type Residential
Stories 1
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Building Amenities Bike Room, Clubhouse, Exercise Centre, Sauna/Steam Room, Caretaker, Trash, Maintenance Grounds, Gas, Hot Water, Management, Recreation Facilities, Sewer, Snow Removal, Water
Building Features BuildingFeatures
Structures Multi Family, Residential Attached

Additional Details

MLS® # R2872868
Area North Surrey
Neighbourhood Whalley
City Surrey
Gross Taxes $2,322.54
Ownership Type Freehold Strata
Maintenance Fee $629.89
Community Features Shopping Nearby
Amenities Nearby Bike Room, Clubhouse, Exercise Centre, Sauna/Steam Room, Caretaker, Trash, Maintenance Grounds, Gas, Hot Water, Management, Recreation Facilities, Sewer, Snow Removal, Water

Heating & Cooling

Fireplace 1
Heating Type Baseboard, 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 Underground, Guest, Front Access, Garage Door Opener
Total Parking Spaces 1

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Strata Restrictions Pets Allowed w/Rest.,Rentals Allowed
Pet Restrictions Cats OK, Dogs OK, Number Limit (Two), Yes With Restrictions
Rental Restrictions -
Zoning CD
Rental Suites None
Laundry In Unit
# of Kitchens 1
Flooring Tile, Carpet
Foundation Concrete Perimeter
Interior Features Elevator, Storage
Locker 1
View 1
View Description CITY MOUNTAIN RIVER
Units In Development 127
Exterior Features Balcony
Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Roof Other

Property History

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Status Date Price
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Listed by: Parallel 49 Realty

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

Elementary
K B Woodward Elementary School
Average
0.74 km
5.5/10
Secondary
Kwantlen Park Secondary School
0.93 km

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
1.3 km
9.7/10
Excellent
Elementary, Secondary
Khalsa School (Surrey)
2.08 km

Closest Transit

Bus Stop
Gateway Station @ Bay 1
0.09 km
Skytrain
Skytrain @ Gateway Stn
0.10 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

1202 10899 University Drive is serviced by K B Woodward Elementary School. The property with listing MLS® R2872868 is located 0.74 km from the school. K B Woodward Elementary School has a rating of Rating 5.5/10.

This home with address 1202 10899 University Drive, Surrey, BC is also serviced by Kwantlen Park Secondary School and located 0.93 km from it. Kwantlen Park Secondary School has a rating of No Rating.

The closest Elementary independent school to this home for sale located at 1202 10899 University Drive is Our Lady of Good Counsel with School's rating Rating 9.7/10, located 1.3 km from this home.

The closest to this address 1202 10899 University Drive Secondary independent school is Khalsa School (Surrey) with School's rating No Rating, located 2.08 km from this home

The freshest crime data from Statistics Canada are from 2020. There were 44,976 volation disturbances in this neighbourhood. The overall crime rate near the address - 1202 10899 University Drive, Surrey, BC is 7,512.73. Rate is the amount of incidents per 100,000 population. Comparing to other Canadian cities it has Average rate in 2020. Year by year change in the total crime rate is -12.05%

Drug crime rate next to the listing MLS® R2872868 is Above Average comparing to other neighbourhoods. The illegal substances offences rating is 390.7. There were 2,339 illegal substances lawbreaking disturbances in this city in 2020 . Year by year change in the illegal substances offences ranking is 16.32%

Property crimes in the neighbourhood close to real estate listing for sale 1202 10899 University Drive are Average. Property misconduct rating adjacent to MLS® R2872868 is 3,746.17. There were 22,427 in the neighbourhood in 2020. Year by year change in the property misconduct rate is -16.98%

There were 7,844 violent lawbreaking disorders in 2020. 1,310.25 and it is Below Average rate comparing to other BC municipalities. Year by year change in the violent crime rate is -11.37%

The closest Bus station is Gateway Station @ Bay 1 in 0.09 km away from this listing with - MLS® R2872868.

18% of people with university certificate/degree live in this neighbourhood adjacent to the 1202 10899 University Drive which is Average in comparison with other BC neighbourhoods. 21.2% of population in this neighbourhood that is near the Listing MLS® R2872868 have no certificate or degree. This number is Above Average compared to the average in BC.

Median Household Income near this dwelling with the address 1202 10899 University Drive, Surrey, BC is $52626 which is Below Average in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® R2872868 is $27883 which is Below Average in comparison with the BC average. % of the Households with a mortgage in this census subdivision is 69.7% which is High.

Unemployment rate in the area around Real Estate Listing # R2872868 is 10.5 which is Above Average in comparison to the other province neighbourhoods.

This real estate is located in 1202 10899 University Drive Whalley where population change between 2011 and 2016 was 4.1%. This is Above Average in comparison to average growth rate of this region.

Population density per square kilometre in this community near the address 1202 10899 University Drive, Surrey, BC is 5391.2 which is High people per sq.km.

Average size of families in the area adjacent to home for sale 1202 10899 University Drive is 2.7. This is Below Average number in comparison to the whole region. Percent of families with children near by the Real Estate Listing - MLS® R2872868 is 59.5% and it is Average. % of Married or living common law is around 47.8% and it is Low.

Average age of the population close to the 1202 10899 University Drive is 43.2 . This percentage is Above Average in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 1202 10899 University Drive, Surrey, BC is $353267 and this is Average comparing to other areas in British Columbia

Average Owner payments are Average in the area adjacent to 1202 10899 University Drive. $1132 owners spent in average for the dwelling. Tenants are paying $938 in this district close to MLS® R2872868 and it is Average comparing to other cities.

46.9% of Population in this district near the 1202 10899 University Drive are Renters and it is High comparing to other BC cities and areas.

% of English and French speakers around real estate listing 1202 10899 University Drive, Surrey, BC is 4%, it is Low, % of English speakers only is 89.9% and Average. % of Neither English nor French speakers close to home for sale 1202 10899 University Drive, Surrey, BC is 6% and it is High comparing to other BC cities.

35% of all population in the area around this property with the address 1202 10899 University Drive, Surrey, BC using Public Transport which is High, 61% of using population are using Cars around MLS® R2872868, which is Low. 0% of people using Bicycles around the 1202 10899 University Drive and it is . 2.7% of population are walking which is Below Average

Local Info

Calculate your monthly mortgage payments

/month
Principal & Interest
Property Taxes $202
Maintenance fee 629.89
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 $575,000
Surrey $552,483
Whalley $539,041
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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