12640 Old Yale Rd, Surrey, BC, MLS® R3082905

$3,599,000
Est. Mortgage /mo

NEW

$3,599,000
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
4 Beds
2 Baths
2 Stories
lot 39589 sqft
2758 sqft
1938 built
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Street view
Schools
Crime
Commute
Shop & Eat

12640 Old Yale Rd, Surrey, BC | MLS® R3082905 Property Details

This expansive 39,589 sq. ft. property is designated under the South Westminster Heights Neighbourhood Concept Plan (NCP), offering exceptional development potential. Buyers may apply for an NCP amendment and increased Floor Space Ratio (FSR), creating significant upside for future redevelopment. Located in a prime central Surrey location, this is a rare and compelling investment opportunity. Opportunities like this are limited—don’t miss out.

General Info

Price $3,599,000
Total Bedrooms 4
Total Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 2758
Lot Size 39589
Lot Size Depth Feet
Lot Size Frontage 170
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 1938
Age Of Building 88
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® # R3082905
Area North Surrey
Neighbourhood Cedar Hills
City Surrey
Gross Taxes $6,675.87
Ownership Type Freehold NonStrata
Maintenance Fee -
Community Features Shopping Nearby

Heating & Cooling

Fireplace 2
Heating Type Forced Air, Natural Gas

Utilities

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

Parking

Parking Type Additional Parking, Open, RV Access/Parking, Front Access
Total Parking Spaces 10

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

Property History

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Status Date Price
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Listed by: Century 21 Coastal Realty Ltd. & Century 21 Coastal 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
L A Matheson Secondary School
2.63 km
Elementary
Prince Charles Elementary School
Below Average
1.54 km
3/10

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

Private Schools

Elementary, Secondary
Khalsa School (Surrey)
0.65 km
Elementary, Secondary
Khalsa School (Surrey)
0.65 km

Closest Transit

Bus Stop
Southbound 128 St @ 107A Ave
0.32 km
Skytrain
Skytrain @ Scott Road Stn
0.72 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 neighborhood of Cedar Hills, where the serene atmosphere and friendly community make it an ideal place to call home. As we walk you through this beautiful property at 12640 Old Yale Road, Surrey, BC, you'll discover why it's a highly sought-after address.

The property has the unique advantage of being serviced by the highly-rated Prince Charles Elementary School, just 1.54 km away. This school has a rating of 3/10, making it an excellent choice for families who value education. Just down the road, you'll also find L A Matheson Secondary School, with a rating of No Rating, located 2.63 km from this home. For those seeking alternative education options, the closest elementary independent school is Khalsa School (Surrey), with a rating of No Rating, located just 0.65 km from this home.

As we discuss the safety and security of the area, let's take a look at the crime statistics. According to the 2020 report from Statistics Canada, there were 44,976 occurrences of disturbances in this neighborhood. The overall crime rate near 12640 Old Yale Road, Surrey, BC is 7,512.73, which is Average compared to other Canadian cities. Notably, the year-by-year change in the total crime rate is -12.05%, indicating a decrease in crime over time.

When it comes to specific types of crime, the drug crime rate is Above Average, with a rating of 390.7. However, this is balanced by the Below Average rate of violent lawbreaking disorders, with 1,310.25 occurrences in 2020. This suggests a safe and secure environment for residents.

Now, let's explore the lifestyle amenities and community features that make this neighborhood so desirable. The closest bus station is Southbound 128 St @ 107A Ave, just 0.32 km away from this property with MLS® R3082905. You'll also find a range of schools, parks, and community centers within easy reach.

As we delve into the demographics of the area, you'll discover that 14.3% of the population has a university certificate or degree, which is Below Average compared to other BC neighborhoods. However, 25% of the population has no certificate or degree, which is Above Average. The median household income near this dwelling is $70,016, which is Average in comparison to the British Columbia average. The median personal income is $25,659, which is Low compared to the BC average.

In terms of housing, the average value of dwellings in this neighborhood is $739,487, which is High compared to other areas in British Columbia. The average owner payments are High, with $1,575 spent on average per dwelling. Tenants are paying $940 per month, which is Average compared to other cities.

As we explore the community's characteristics, you'll notice that 41.7% of the population are renters, which is Above Average compared to other BC cities and areas. The % of English and French speakers is 3.9%, which is Low, while the % of English speakers only is 87.6%, which is Below Average.

When it comes to transportation, 21.5% of the population use public transport, which is Above Average. 75.8% of the population use cars, which is Below Average. 0.3% of people use bicycles, which is Low, and 1.2% of the population walk, which is also Low.

In conclusion, the property at 12640 Old Yale Road, Surrey, BC, MLS® R3082905, offers a unique blend of safety, security, and community features that make it an attractive choice for families and individuals seeking a peaceful and convenient lifestyle.

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 $3,599,000
Surrey $1,899,000
Cedar Hills 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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