12588 16 AVE, Surrey BC V4A 1M8, Surrey, BC

$8,200,000
Est. Mortgage /mo

MLS® R2802621

Closed

$7,000,000
$8,800,000
Closed at 27 Dec 2023
Listing price: $8,200,000
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Go See This Home Now
3 Beds
2 Baths
1 Stories
lot 29122 sqft
1588 sqft
1962 built
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Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

Property details

Prime water front property in Ocean Park. One of the most sought after locations to build your dream estate . Over 100 feet of frontage on the bluff. Most of the properties are only 66 feet wide. Almost 7 tenths of a acre, over 29,000 square foot lot. Very private location with no neighbors to the North and West . Opportunity knocks .Rarely available very unique.

General Info

Price $8,200,000
Total Bedrooms 3
Total Bathrooms 1
Half Bathrooms 1
Floor Area Total (sqft) 1588
Lot Size 29122
Lot Size Depth Feet
Lot Size Frontage 101.8
Basement Crawl Space
Basement Features BasementFeatures

Property Metrics

Year Built 1962
Age Of Building 61
Building Type Single Family Residence
Property Type Residential
Architecture Style Rancher/Bungalow
Stories 1
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS # R2802621
Area South Surrey White Rock
Neighbourhood Crescent Bch Ocean Pk.
City Surrey
Gross Taxes $28,935.19
Ownership Type Freehold NonStrata
Maintenance Fee -

Heating & Cooling

Fireplace 1
Heating Type Forced Air, Natural Gas

Utilities

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

Parking

Parking Type Carport Multiple, Side Access, Asphalt
Total Parking Spaces 8

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Strata Restrictions -
Rental Restrictions -
Zoning SFD
Rental Suites None
# of Kitchens 1
Flooring Wall/Wall/Mixed
Foundation Concrete Perimeter
Locker -
View 1
View Description Panoramic Ocean ,Gulf Islands
Units In Development -
Sewer Septic Tank
Roof Asphalt

Property History

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Status Date Price
Sold 12-27-2023 $8,200,000
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Listed by: Hugh & McKinnon 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

Elementary
Ocean Cliff Elementary School
Above Average
0.82 km
Rating 7.6/10
Secondary
Elgin Park Secondary School
2.43 km
No Rating

Part of this information is provided by the Province of British Columbia under the Open Government License for Government of BC Information v.BC1.0. School boundaries and other statistics changes frequently and is for general informational purposes only. You should not use such information in determining the legal eligibility to attend any particular school.

Private Schools

Elementary, Secondary
Eaton Arrowsmith School White Rock
5.11 km
No Rating
Elementary, Secondary
Eaton Arrowsmith School White Rock
5.11 km
No Rating

Closest Transit

Translink
Northbound Ocean Park Rd @ 16 Ave
0.16 km

12588 16 AVENUE, Surrey BC V4A 1M8 is serviced by Ocean Cliff Elementary School. The property with listing MLS® R2802621 is located 0.82 km from the school. Ocean Cliff Elementary School has a rating of Rating 7.6/10.

This home with address 12588 16 AVENUE, Surrey BC V4A 1M8, Surrey, BC is also serviced by Elgin Park Secondary School and located 2.43 km from it. Elgin Park Secondary School has a rating of No Rating.

The closest Elementary independent school to this home for sale located at 12588 16 AVENUE, Surrey BC V4A 1M8 is Eaton Arrowsmith School White Rock with School's rating No Rating, located 5.11 km from this home.

The closest to this address 12588 16 AVENUE, Surrey BC V4A 1M8 Secondary independent school is Eaton Arrowsmith School White Rock with School's rating No Rating, located 5.11 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 - 12588 16 AVENUE, Surrey BC V4A 1M8, 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® R2802621 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 12588 16 AVENUE, Surrey BC V4A 1M8 are Average. Property misconduct rating adjacent to MLS® R2802621 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 Northbound Ocean Park Rd @ 16 Ave in 0.16 km away from this listing with - MLS® R2802621.

39.3% of people with university certificate/degree live in this neighbourhood adjacent to the 12588 16 AVENUE, Surrey BC V4A 1M8 which is High in comparison with other BC neighbourhoods. 8.7% of population in this neighbourhood that is near the Listing MLS® R2802621 have no certificate or degree. This number is Low compared to the average in BC.

Median Household Income near this dwelling with the address 12588 16 AVENUE, Surrey BC V4A 1M8, Surrey, BC is $114773 which is High in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® R2802621 is $44345 which is High in comparison with the BC average. % of the Households with a mortgage in this census subdivision is 47.3% which is Low.

Unemployment rate in the area around Real Estate Listing # R2802621 is 5.3 which is Low in comparison to the other province neighbourhoods.

This real estate is located in 12588 16 AVENUE, Surrey BC V4A 1M8 Crescent Bch Ocean Pk. where population change between 2011 and 2016 was 0.7%. This is Average in comparison to average growth rate of this region.

Population density per square kilometre in this community near the address 12588 16 AVENUE, Surrey BC V4A 1M8, Surrey, BC is 1929.2 which is Above Average people per sq.km.

Average size of families in the area adjacent to home for sale 12588 16 AVENUE, Surrey BC V4A 1M8 is 2.9. This is Average number in comparison to the whole region. Percent of families with children near by the Real Estate Listing - MLS® R2802621 is 56.2% and it is Average. % of Married or living common law is around 70.1% and it is High.

Average age of the population close to the 12588 16 AVENUE, Surrey BC V4A 1M8 is 43.8 . This percentage is Above Average in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 12588 16 AVENUE, Surrey BC V4A 1M8, Surrey, BC is $1416597 and this is High comparing to other areas in British Columbia

Average Owner payments are High in the area adjacent to 12588 16 AVENUE, Surrey BC V4A 1M8. $1793 owners spent in average for the dwelling. Tenants are paying $1716 in this district close to MLS® R2802621 and it is High comparing to other cities.

8.4% of Population in this district near the 12588 16 AVENUE, Surrey BC V4A 1M8 are Renters and it is Low comparing to other BC cities and areas.

% of English and French speakers around real estate listing 12588 16 AVENUE, Surrey BC V4A 1M8, Surrey, BC is 10.3%, it is Above Average, % of English speakers only is 87.4% and Below Average. % of Neither English nor French speakers close to home for sale 12588 16 AVENUE, Surrey BC V4A 1M8, Surrey, BC is 2.4% and it is Above Average comparing to other BC cities.

8.5% of all population in the area around this property with the address 12588 16 AVENUE, Surrey BC V4A 1M8, Surrey, BC using Public Transport which is Average, 85.6% of using population are using Cars around MLS® R2802621, which is Average. 0.7% of people using Bicycles around the 12588 16 AVENUE, Surrey BC V4A 1M8 and it is Below Average. 3.7% of population are walking which is Average

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Local Info

Calculate your monthly mortgage payments

/month
Principal & Interest
Property Taxes $202
Maintenance fee 0
All calculations are estimates and provided by Estateblock.com for informational purposes only. Actual amounts may vary.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Estateblock.com from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates. Insurance rates are very approximate and for informational purposes only.

Cash Flow Analysis

/month
Mortgage Payment $3201
Monthly Payment $3802
Break Even Down Payment 0%
All calculations are estimates and provided by Estateblock.com for informational purposes only. Actual amounts may vary.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Estateblock.com from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates. Insurance rates are very approximate and for informational purposes only.

Price Evaluation Chart

Filter
Beds Home Types Square Feet Lot Size Year Built
This Home $8,200,000
Surrey No comparables
Crescent Bch Ocean Pk. 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
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