17.2% price reduction
Exceptional investment opportunity in Surrey! This property boasts 6 units with a potential monthly rental income of over $12,000-$13,000. Upstairs, two spacious units feature 3 beds and 3 baths each, while the downstairs units include a 3-bed/1-bath, a 2-bed/1-bath, and two 1-bed/1-bath suites. This property is located within a frequent bus stop area providing great development opportunity. Strategically situated near transit, schools, shopping, and major routes, this property offers significant development potential, making it perfect for savvy investors looking to secure a high-potential asset in a sought-after location.
General Info
Property Metrics
Additional Details
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Property History
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| Status | Date | Price |
|---|
Rooms
| Floor | Type | Dimensions |
|---|---|---|
| Main Level | Living Room | 12'8 x 12'8 ft |
| Main Level | Foyer | 12'8 x 12'8 ft |
| Main Level | Kitchen | 12' x 12' ft |
| Main Level | Primary Bedroom | 11' x 11' ft |
| Main Level | Primary Bedroom | 11'9 x 11'9 ft |
| Main Level | Bedroom | 9'6 x 9'6 ft |
| Main Level | Living Room | 15' x 15' ft |
| Main Level | Kitchen | 13'3 x 13'3 ft |
| Main Level | Primary Bedroom | 13'8 x 13'8 ft |
| Main Level | Primary Bedroom | 12' x 12' ft |
| Main Level | Bedroom | 13'8 x 13'8 ft |
| Basement Level | Living Room | 12' x 12' ft |
| Basement Level | Kitchen | 11' x 11' ft |
| Basement Level | Bedroom | 19' x 19' ft |
| Basement Level | Bedroom | 11' x 11' ft |
| Basement Level | Bedroom | 11' x 11' ft |
| Basement Level | Living Room | 13'10 x 13'10 ft |
| Basement Level | Kitchen | 14'10 x 14'10 ft |
| Basement Level | Bedroom | 11'7 x 11'7 ft |
| Basement Level | Bedroom | 11'10 x 11'10 ft |
| Basement Level | Living Room | 15' x 15' ft |
| Basement Level | Kitchen | 8' x 8' ft |
| Basement Level | Bedroom | 15' x 15' ft |
| Basement Level | Living Room | 9' x 9' ft |
| Basement Level | Kitchen | 8' x 8' ft |
| Basement Level | Bedroom | 16' x 16' ft |
Bathrooms
| Floor | Ensuite | Pieces |
|---|---|---|
| Main Level | Yes | #4 |
| Main Level | Yes | #4 |
| Main Level | No | #4 |
| Main Level | Yes | # |
| Main Level | Yes | #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
Other
Welcome to 13538 84 Avenue, a charming neighborhood in Surrey, BC, where community spirit meets convenience. I'm thrilled to introduce you to this fantastic property, listed as MLS(R) R3014712.
As we walk through the neighborhood, you'll notice the presence of excellent schools. Just down the road, you'll find Newton Elementary School, with a rating of 4.6/10, located conveniently 0.65 km from this property. Families love this area because of the school's commitment to providing a nurturing environment for young minds. Additionally, Princess Margaret Secondary School is nearby, with a rating of No Rating, situated 2.78 km from this home.
For those seeking an alternative education option, Sikh Academy, an independent elementary school with an excellent rating of 7.1/10, is just 1.28 km from this address. Regent Christian Academy, a reputable secondary independent school with a rating of 8.1/10, is 4.84 km away, offering families a choice for their children's education.
Now, let's talk about the safety of the area. According to Statistics Canada's 2020 report, this neighborhood experienced 44,976 disturbances, with an overall crime rate of 7,512.73. Compared to other Canadian cities, this is an Average rate. Notably, there's been a year-over-year decrease in crime rates, with a 12.05% drop.
When it comes to specific types of crime, the neighborhood near MLS(R) R3014712 has an Above Average drug crime rate, with 390.7 illegal substances offenses. However, the property crimes rate is Average, with 3,746.17 property misconduct incidents in 2020.
The violent crime rate in this area is Below Average, with 1,310.25 incidents in 2020. This is a testament to the community's low crime rate.
Now, let's explore the amenities that make this neighborhood so desirable. Just a short 0.12 km stroll away is the Southbound King George Blvd @ 84 Ave bus station, making public transportation convenient for residents.
The demographics of this area are also worth noting. With 14.7% of residents holding a university certificate or degree, this neighborhood is Below Average compared to other BC neighborhoods. However, 31.2% of the population has no certificate or degree, which is High compared to the average in BC.
In terms of income, the median household income near this property is $69,146, which is Average compared to the British Columbia average. The median personal income is $22,807, which is Low compared to the BC average. Interestingly, 70.2% of households in this area have a mortgage, which is High.
Unemployment rates in the area are Average, with 8.1% of the population without a job. Population growth in this area is Low, with a -5% change between 2011 and 2016.
The community surrounding 13538 84 Avenue, Surrey, BC is vibrant and diverse, with a population density of 2,235.6 people per square kilometer, which is Above Average. The average family size is 3.1, which is Above Average, and 75.6% of families have children, making it a popular area for families.
The average age of the population is 37.8, which is Below Average compared to other BC cities.
In terms of real estate, the average value of dwellings in this neighborhood is $622,971, which is High compared to other areas in British Columbia.
As for the cost of living, owner payments are Above Average, with an average of $1,487 per month. Tenants, on the other hand, pay $809 per month, which is Below Average.
Interestingly, 35.1% of the population in this area are renters, which is Above Average compared to other BC cities.
Lastly, the language spoken in this area is predominantly English, with 82.8% of residents speaking only English. However, 14.8% of the population speaks neither English nor French, which is High.
In terms of transportation, 81% of residents use cars, which is Below Average. 14.2% use public transportation, which is Average, and 3.2% walk, which is Below Average.
This property, MLS(R) R3014712, is an excellent choice for those seeking a safe, family-friendly community with excellent schools and convenient amenities.
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