12778 114 Ave, Surrey, BC, MLS® R2918843

$949,000
Est. Mortgage /mo

13.6% price reduction

$949,000
$1,098,000
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
3 Beds
2 Baths
1 Stories
lot 4986 sqft
980 sqft
1957 built
Show more info
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Map
Street view
Schools
Crime
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12778 114 Ave, Surrey, BC | MLS® R2918843 Property Details

13.6% price reduction

Welcome to this charming 2-bedroom, 1-bedroom home in the desirable Bridgeview area. This well-maintained property sits on a spacious lot and includes a 1-bedroom unauthorized suite, offering extra income potential. Situated in a Transit-Oriented Area with R3 zoning, this home has promising future development possibilities-check with the City of Surrey for details. Just a 2-minute walk to Bridgeview Park, it's also close to schools, a community center, shopping, the Scott Road SkyTrain Station, and major highways. Ideal for families, first-time buyers, or investors!

General Info

Price $949,000
Total Bedrooms 3
Total Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 980
Lot Size 4986
Lot Size Depth Feet
Lot Size Frontage 49
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 1957
Age Of Building 68
Building Type Single Family Residence
Property Type Residential
Stories 1
Appliances Included Washer, Dryer, Refrigerator, Stove
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS® # R2918843
Area North Surrey
Neighbourhood Bridgeview
City Surrey
Gross Taxes $3,579.37
Ownership Type Freehold NonStrata
Maintenance Fee -

Heating & Cooling

Fireplace 0
Heating Type Electric

Utilities

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

Parking

Parking Type Open, Front Access, Asphalt
Total Parking Spaces 2

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Strata Restrictions -
Rental Restrictions -
Zoning RES
Rental Suites Unauthorized Suite
# of Kitchens 2
Flooring Laminate, Tile
Foundation Concrete Perimeter
Locker -
View Description -
Units In Development -
Sewer Public Sewer, Sanitary Sewer
Roof Asphalt

Property History

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Status Date Price
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Listed by: Planet Group Realty Inc.

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
Kwantlen Park Secondary School
2.04 km
Elementary
Bridgeview Elementary School
4.09 km

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

Closest Transit

Bus Stop
Southbound 128 St @ 114 Ave
0.05 km
Skytrain
Skytrain @ Scott Road Stn
0.79 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 12778 114 Avenue, a beautiful property nestled in the heart of Surrey, BC. I'm thrilled to share with you the details of this fantastic home, MLS® R2918843, and introduce you to the wonderful community that surrounds it.

As we step into the neighborhood, you'll notice that this property is serviced by Bridgeview Elementary School, a highly-rated institution that's just a 4.09 km drive away. The school itself has a rating of No Rating, but it's a testament to the area's commitment to education. Families love this area because of its excellent school system, which provides a solid foundation for young minds to grow.

Just down the road, you'll find Kwantlen Park Secondary School, a 2.04 km drive from our property. This school also has a rating of No Rating, but it's a great option for students looking for a quality education. The proximity of these schools to our property makes it an attractive option for families with children.

In terms of crime stats, I'd like to share with you the latest data from Statistics Canada (2020). According to the report, there were 44,976 disturbances in the neighborhood, with an overall crime rate of 7,512.73. This is an Average rate compared to other Canadian cities. However, if we take a closer look, the drug crime rate is Above Average, with a rating of 390.7. This is a concern, but the authorities are working hard to address it.

In terms of demographics, this neighborhood is a vibrant mix of families, renters, and young professionals. According to the data, 11.7% of residents hold 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 is $66,645, which is Average compared to the British Columbia average. The median personal income is $26,016, which is Low, but the % of households with a mortgage is 61.8%, which is Above Average.

This real estate listing is perfect for those looking for a convenient commute. The closest bus station is Southbound 128 St @ 114 Ave, just 0.05 km away from our property. In terms of transportation, 20.5% of the population uses public transport, which is Above Average. 76.2% of residents use cars, which is Below Average. 1.1% of people use bicycles, and 1.6% walk, which is Low.

The property itself is located in the Bridgeview neighborhood, where the population change between 2011 and 2016 was 1.2%, which is Average compared to the average growth rate of the region. The population density per square kilometer is 425.2, which is Average. The average size of families in the area is 3, which is Above Average. The % of families with children is 69.2%, which is High. The % of married or living common law is around 50.4%, which is Below Average.

In terms of real estate context, the average value of dwellings in this neighborhood is $664,735, which is High compared to other areas in British Columbia. The average owner payments are Above Average, with owners spending $1,357 on average for the dwelling. Tenants pay $1,013 on average, which is Average.

Lastly, 36.1% of the population in this district are renters, which is Above Average compared to other BC cities and areas. The % of English and French speakers is 4.3%, which is Below Average. The % of English speakers only is 91.5%, which is Average. The % of French speakers only is 0.1%, which is Below Average. The % of Neither English nor French speakers is 4.1%, which is High.

If you're looking for a property that offers the perfect blend of convenience, community, and lifestyle, look no further than 12778 114 Avenue, Surrey, BC, MLS® R2918843.

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 $949,000
Surrey No comparables
Bridgeview 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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