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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
Property Metrics
Additional Details
Heating & Cooling
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Property History
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| Status | Date | Price |
|---|
Rooms
| Floor | Type | Dimensions |
|---|---|---|
| Main Level | Living Room | 12'9 x 12'9 ft |
| Main Level | Dining Room | 12'8 x 12'8 ft |
| Main Level | Kitchen | 13' x 13' ft |
| Main Level | Family Room | 17' x 17' ft |
| Main Level | Bedroom | 12' x 12' ft |
| Main Level | Den | 17'1 x 17'1 ft |
| Above Level | Primary Bedroom | 21' x 21' ft |
| Above Level | Bedroom | 17' x 17' ft |
| Above Level | Bedroom | 13'7 x 13'7 ft |
| Above Level | Other | 15' x 15' ft |
Bathrooms
| Floor | Ensuite | Pieces |
|---|---|---|
| Above Level | No | #3 |
| Main Level | No | #4 |
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.
Public Schools
Information includes BC Government Open License data; school details change often and are offered solely as general guidance.
Private Schools
Closest Transit
Noise/ Power Lines
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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.
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