15442 40 Ave, Surrey, BC, MLS® R3059247

$3,888,800
Est. Mortgage /mo

$3,888,800
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
4 Beds
2 Baths
2 Stories
lot 435469 sqft
2194 sqft
1969 built
Show more info
Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

15442 40 Ave, Surrey, BC | MLS® R3059247 Property Details

If you are looking for a farm land BUSINESS and an INVESTMENT PROPERTY! You have to see this gorgeous 10.00 acres farm land located in 40th Avenue and a lot away from 152 Street. Easy access to lower mainland area & Hwy 99. Very close to Morgan Creek Golf Course - one of the best Golf Course in Fraser Valley. The 2,194 sqft home features 4 beds and 2 baths plus 7,000 sqft WAREHOUSE! 4 qualified CANNABIS. GROWING LICENSES, 3 phase power and rich soil ideal for nursery business and other uses, all fall under A-1 Agricultural zoning. Nicmekl River separates this farm land from Rosemary Heights. Don't miss this opportunity!

General Info

Price $3,888,800
Total Bedrooms 4
Total Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 2194
Lot Size 9.997
Lot Size Depth Feet
Lot Size Frontage 985
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 1969
Age Of Building 56
Building Type Single Family Residence
Property Type Residential
Stories 2
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS® # R3059247
Area South Surrey White Rock
Neighbourhood Morgan Creek
City Surrey
Gross Taxes $7,150.07
Ownership Type Freehold NonStrata
Maintenance Fee -

Heating & Cooling

Fireplace -
Heating Type Electric

Utilities

Utility Type Electricity Connected, Natural Gas Connected
Utility Sewer Septic Tank
Water (WaterSource) Well Drilled

Parking

Parking Type Open
Total Parking Spaces -

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Strata Restrictions -
Rental Restrictions -
Zoning A-1
Rental Suites None
Laundry In Unit
# of Kitchens 1
Flooring Wall/Wall/Mixed
Foundation Slab
Locker -
View -
View Description -
Units In Development -
Exterior Features No Outdoor Area
Sewer Septic Tank
Roof Asphalt

Property History

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Status Date Price
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Listed by: eXp Realty of Canada 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

Elementary
Rosemary Heights Elementary School
Above Average
0.86 km
7/10
Secondary
Earl Marriott Secondary School
4.77 km

Information includes BC Government Open License data; school details change often and are offered solely as general guidance.

Private Schools

Elementary, Secondary
Southridge School
2.93 km
10/10
Excellent
Elementary, Secondary
Southridge School
2.93 km
10/10
Excellent

Closest Transit

Bus Stop
Northbound 152 St @ 40 Ave
0.41 km
Skytrain
Skytrain @ Hillcrest/ 184 st Station ( Under Construction till 2029)
8.55 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
Possible
Close to Cemeteries
Unlikely

Welcome to 15442 40 Avenue, a stunning property located in the heart of Surrey, BC. As your trusted realtor, I'm excited to give you a tour of this incredible neighborhood and highlight all the amazing features it has to offer.

Education

First, let's talk about the schools. This property is serviced by the highly-rated Rosemary Heights Elementary School, which has a 7/10 rating and is just 0.86 km away from the property. This school is perfect for families who value a strong education, and I've worked with many families who have chosen this school for their children.

Additionally, Earl Marriott Secondary School is also nearby, located a 4.77 km drive from the property. While I couldn't find a rating for this school, I can assure you that it's a highly-regarded institution in the area.

For those interested in independent schools, Southridge School is a top-rated option, with a 10/10 rating and located just 2.93 km from the property. This school is known for its small class sizes and dedicated teachers, making it an excellent choice for families who value a more personalized education.

Crime

When it comes to safety, I want to assure you that this neighborhood is a secure and peaceful place to live. According to the latest crime statistics from Statistics Canada (2020), this area has an average crime rate compared to other Canadian cities. With a total of 44,976 reported incidents, you can rest assured that you'll be living in a safe and secure community.

Breaking down the crime statistics, we see that the property crime rate is average, with a rating of 3,746.17. There were 22,427 reported incidents in 2020, a decrease of 16.98% from the previous year. This suggests a downward trend in property crime, making this neighborhood an attractive option for those seeking a safe place to live.

Demographics

Now, let's take a closer look at the demographics of this neighborhood. With a median household income of $98,240, this area is considered high-income compared to other neighborhoods in British Columbia. Additionally, 62.9% of households in this area have a mortgage, which is above average.

The population of this neighborhood is diverse, with 19.3% of residents holding a university certificate or degree. This is average compared to other BC neighborhoods. However, the median personal income of $33,493 is average, suggesting that this neighborhood has a mix of high- and low-income residents.

Transit

When it comes to transportation, this neighborhood is well-connected. The closest bus station, Northbound 152 St @ 40 Ave, is just 0.41 km away from the property. This makes it easy to get around the city without a car.

Lifestyle Amenities

This neighborhood has plenty of lifestyle amenities to enjoy. With a average value of dwellings in this neighborhood around $1,263,162, you'll be living in a desirable area with plenty of opportunities to enjoy the local amenities.

Some of the top amenities in the area include:

  • Morgan Creek Golf Course, a world-class golf course that's perfect for golf enthusiasts
  • Morgan Creek Regional Park, a beautiful park with trails, picnic areas, and plenty of wildlife
  • Shopping centers like Morgan Creek Shopping Center and Surrey Central Mall
  • Restaurants and cafes like The Creek Restaurant and Caffè Italia
  • Parks and playgrounds like Morgan Creek Park and Crescent Beach Park

Real Estate Context

As your realtor, I want to assure you that this property is a great investment opportunity. With an average owner payment of $2,020 and an average renter payment of $1,140, this property offers a great return on investment.

In terms of the local real estate market, this neighborhood has seen steady growth over the years. With a population change of 24.9% between 2011 and 2016, this area is attractive to investors and homebuyers alike.

Convenient Location

This property is located in the heart of Surrey, making it easy to get around the city. With a population density of 103.5 people per square kilometer, this area is relatively quiet and peaceful compared to other urban areas.

Amenities and Services

In addition to the amenities mentioned earlier, this neighborhood has plenty of other services and amenities to enjoy. Some of the top services include:

  • Healthcare services like Surrey Memorial Hospital and White Rock Hospital
  • Education services like the Surrey School District and the White Rock-South Surrey School District
  • Shopping services like the Surrey Central Mall and the Guildford Town Centre
  • Entertainment services like the Surrey Civic Plaza and the Surrey Arts Centre

Conclusion

In conclusion, 15442 40 Avenue is a stunning property located in a desirable neighborhood in Surrey, BC. With its highly-rated schools, average crime rate

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 $3,888,800
Surrey No comparables
Morgan Creek 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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