12841 98 Ave Ave, Surrey, BC, MLS® R3085800

$1,199,000
Est. Mortgage /mo

NEW

$1,199,000
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
7 Beds
4 Baths
2 Stories
lot 8835 sqft
2425 sqft
1988 built
Show more info
Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

12841 98 Ave Ave, Surrey, BC | MLS® R3085800 Property Details

INVESTORS / BUILDERS ALERT! 8,835 sq ft lot in a prime Surrey location with 4-plex or 6-plex potential (verify with City). Home offers strong holding income with 3 beds/2 baths up, plus two suites down and extra room. High walk & transit score, close to schools, shopping, and transit. Potential rental income up to $6,500/month. Call today!

General Info

Price $1,199,000
Total Bedrooms 7
Total Bathrooms 4
Half Bathrooms 0
Floor Area Total (sqft) 2425
Lot Size 8835
Lot Size Depth Feet
Lot Size Frontage 60
Basement Finished
Basement Features BasementFeatures

Property Metrics

Year Built 1988
Age Of Building 38
Building Type Single Family Residence
Property Type Residential
Stories 2
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS® # R3085800
Area North Surrey
Neighbourhood Cedar Hills
City Surrey
Gross Taxes $6,394.22
Ownership Type Freehold NonStrata
Maintenance Fee -

Heating & Cooling

Fireplace -
Heating Type Forced Air

Utilities

Utility Type Community
Utility Sewer Public Sewer
Water (WaterSource) Public

Parking

Parking Type Additional Parking, Guest
Total Parking Spaces -

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Strata Restrictions -
Rental Restrictions -
Zoning R3
Rental Suites -
# of Kitchens 4
Foundation Concrete Perimeter
Locker -
View -
View Description -
Units In Development -
Sewer Public Sewer
Roof Asphalt

Property History

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Status Date Price
Show more

Listed by: Nationwide Realty Corp.

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
A H P Matthew Elementary School
Average
0.97 km
6/10
Secondary
Queen Elizabeth Secondary School
1.63 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)
1.73 km
Elementary, Secondary
Khalsa School (Surrey)
1.73 km

Closest Transit

Bus Stop
Northbound 128 St @ 98 Ave
0.12 km
Skytrain
Skytrain @ King George Stn
1.62 km

Noise/ Power Lines

Road/Hwy Noise
Unlikely
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 12841 98 Ave Avenue, a beautiful property in Surrey, BC, listed with MLS® R3085800. As your trusted realtor, I'm excited to share with you the fantastic amenities and features of this wonderful neighborhood.

Let's start with the schools. This home is serviced by A H P Matthew Elementary School, which has a rating of 6/10. It's conveniently located just 0.97 km away from your doorstep. You'll also be pleased to know that Queen Elizabeth Secondary School is nearby, just 1.63 km away, offering a great educational option for your family.

If you're interested in independent schools, the closest elementary school is Khalsa School (Surrey), with a rating of No Rating, located 1.73 km from your home. For secondary independent schools, Khalsa School (Surrey) is also just 1.73 km away.

Now, let's talk about safety. According to the latest crime data from Statistics Canada (2020), this neighborhood has an average crime rate of 7,512.73, which is Average compared to other Canadian cities. While there were 44,976 reported disturbances in 2020, a decrease of -12.05% compared to the previous year is a positive trend. It's worth noting that the drug crime rate is Above Average, with 2,339 reported incidents in 2020, and a year-over-year change of 16.32%.

Property crimes in the area are also Average, with 22,427 reported incidents in 2020, representing a decrease of -16.98% compared to the previous year. Violent crime rates are Below Average, with 7,844 reported incidents in 2020, and a year-over-year change of -11.37%.

Now, let's explore the neighborhood's lifestyle amenities. Just a short walk away from your home, you'll find the Northbound 128 St @ 98 Ave bus station, which is only 0.12 km away. This convenient location makes it easy to get around the city.

According to the 2020 census data, 15.7% of the population in this neighborhood holds a university certificate or degree, which is Average compared to other BC neighborhoods. However, 24.3% of the population has no certificate or degree, which is Above Average compared to the average in BC.

The median household income in this neighborhood is $71,680, which is Average compared to the British Columbia average. However, the median personal income is $24,944, which is Low compared to the BC average. A high percentage of households in this neighborhood have a mortgage, with 71.6% of households owning their home, which is High compared to other neighborhoods.

Unemployment rates in the area are Low, with 5.6% of the population experiencing unemployment, which is lower than other province neighborhoods.

This neighborhood has experienced Above Average population growth between 2011 and 2016, with a growth rate of 4.5%. The population density in this area is High, with 4,259.4 people per square kilometer.

Average family sizes in this neighborhood are High, with 3.2 people per family, and a high percentage of families with children, at 74%. Married or living common-law couples make up 56.7% of the population, which is Average compared to other neighborhoods.

The average age of the population in this area is 37.4 years old, which is Low compared to other BC cities.

The average value of dwellings in this neighborhood is High, with $760,554, compared to other areas in British Columbia. Average owner payments are also High, with $1,671 spent on average for a dwelling. Tenants pay an average of $1,015 in this district, which is Average compared to other cities.

41% of the population in this district are renters, which is Above Average compared to other BC cities and areas.

Language usage in this neighborhood is diverse, with 3.4% of the population speaking English and French, 87.4% speaking only English, and 9% speaking neither English nor French.

Transportation in this area is convenient, with 23% of the population using public transport, 73.1% using cars, and 3.7% walking.

If you're looking for a wonderful place to call home, 12841 98 Ave Avenue is an excellent choice. With its convenient location, excellent schools, and a range of lifestyle amenities, this property is sure to impress. Contact me today to schedule a viewing and make this beautiful home your own.

MLS® R3085800, 12841 98 Ave Avenue, Surrey, BC.

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 $1,199,000
Surrey $1,425,000
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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