15.52% cheaper than comparables
Well-maintained income-generating property offering outstanding versatility for both investors and first-time home buyers. The home comprises three self-contained living areas, including two basement suites (one 2-bedroom and one 1-bedroom) with separate entrances, in addition to a 3-bedroom main level currently tenanted. All tenancies are month-to-month, providing flexibility for continued rental income or future owner occupancy. First-time buyers may occupy the main level while benefiting from two mortgage-helper suites to significantly offset monthly housing costs. Situated on a generously sized lot in a central and well-established neighbourhood, close to schools, public transit, shopping, and major commuter routes.
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Property History
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| Status | Date | Price |
|---|
Rooms
| Floor | Type | Dimensions |
|---|---|---|
| Main Level | Living Room | 19'5 x 19'5 ft |
| Main Level | Dining Room | 9'10 x 9'10 ft |
| Main Level | Kitchen | 15'4 x 15'4 ft |
| Main Level | Foyer | 5'7 x 5'7 ft |
| Main Level | Laundry | 5'7 x 5'7 ft |
Bathrooms
| Floor | Ensuite | Pieces |
|---|---|---|
| Above Level | Yes | #3 |
| Above Level | No | #4 |
| Basement | No | #4 |
| Basement | 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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Imagine walking through the charming East Newton neighborhood of Surrey, BC, and I'm thrilled to introduce you to this stunning property at 14251 72nd Avenue, MLS® R3078432. As we explore this hidden gem, you'll discover why families love calling East Newton home.
First, let's talk about the exceptional schools in the area. With M B Sanford Elementary School just a short 0.25 km away, your little ones will thrive in a welcoming environment with a 4.3/10 rating. The property is also conveniently close to Frank Hurt Secondary School, with a rating of No Rating, and numerous independent schools, such as Surrey Muslim School (7.7/10) and Regent Christian Academy (8.1/10).
Now, let's discuss the safety and security of the neighborhood. According to the latest crime data from Statistics Canada (2020), this area boasts an Average crime rate of 7,512.73, with a notable decrease of -12.05% in total crime rate year-over-year. While the rate of property misconduct is Average, the rate of violent crimes is Below Average, providing a sense of peace and security for residents.
As we explore the demographics of the community, you'll notice a diverse mix of families and renters. With 17.1% of residents holding a university certificate or degree, this is an Average figure compared to other BC neighborhoods. However, the median household income of $86,699 is Above Average, making it an attractive area for professionals and families.
When it comes to transportation, you'll find the Eastbound 72 Ave @ 142 St bus station just 0.08 km away from this property, making it easy to commute to work or school.
Let's take a stroll through the neighborhood and discover the exciting lifestyle amenities that make East Newton so desirable. From the beautiful parks and beaches to the nearby shopping malls, grocery stores, restaurants, and coffee shops, there's something for everyone in this vibrant community.
As we continue our tour, you'll notice the average size of families in the area is 3.1, which is Above Average. The percentage of families with children is also High at 75.6%, making it an ideal area for young families.
In terms of real estate, the average value of dwellings in this neighborhood is $777,444, which is High compared to other areas in British Columbia. The average owner payments are also High at $1,827, while tenants pay $907 on average, making it a desirable area for both owners and renters.
As we conclude our tour of this exceptional property at 14251 72nd Avenue, MLS® R3078432, I hope you can see why families love calling East Newton home. With its exceptional schools, safe and secure neighborhood, and desirable lifestyle amenities, this property is a true gem in the heart of Surrey, BC.
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