1603 King George Blvd, Surrey, BC, MLS® R3072030

$2,500,000
Est. Mortgage /mo

$2,500,000
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
2 Beds
1 Baths
1 Stories
lot 13743 sqft
940 sqft
1972 built
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Map
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Schools
Crime
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1603 King George Blvd, Surrey, BC | MLS® R3072030 Property Details

Investor/Developer Opportunity! Don't miss out on this prime development lot for sale, strategically situated within the KING GEORGE HIGHWAY CORRIDOR PLAN. This property boasts excellent potential for rezoning to Multiple Residential--connect with the City of Surrey to explore land use options. Enjoy convenient access to Highway 99, the U.S. border, beautiful White Rock Beach, and an array of dining options. The measurements provided by the realtor are approximate; buyers and/or their agents are encouraged to verify all crucial details. For more information, call today!

General Info

Price $2,500,000
Total Bedrooms 2
Total Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 940
Lot Size 13743
Lot Size Depth Feet
Lot Size Frontage 238
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 1972
Age Of Building 53
Building Type Single Family Residence
Property Type Residential
Architecture Style Rancher/Bungalow
Stories 1
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS® # R3072030
Area South Surrey White Rock
Neighbourhood King George Corridor
City Surrey
Gross Taxes $5,818.16
Ownership Type Freehold NonStrata
Maintenance Fee -
Community Features Shopping Nearby

Heating & Cooling

Fireplace 1
Heating Type Hot Water, Natural Gas

Utilities

Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer
Water (WaterSource) Public

Parking

Parking Type Open
Total Parking Spaces -

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Strata Restrictions -
Rental Restrictions -
Zoning RF
Rental Suites None
# of Kitchens 1
Flooring Mixed
Foundation Concrete Perimeter
Locker -
View Description -
Units In Development -
Sewer Public Sewer
Roof Asphalt

Property History

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Status Date Price
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Listed by: Hugh & McKinnon Realty Ltd.

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
South Meridian Elementary School
Average
0.65 km
6.5/10
Secondary
Earl Marriott Secondary School
0.66 km

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

Private Schools

Elementary, Secondary
Eaton Arrowsmith School White Rock
1.96 km
Elementary, Secondary
Eaton Arrowsmith School White Rock
1.96 km

Closest Transit

Bus Stop
Westbound 16 Ave @ King George Blvd
0.01 km
Skytrain
Skytrain @ Willowbrook Station ( Under Construction till 2029)
11.59 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 1603 King George Boulevard in Surrey, BC. This beautiful home, listed with MLS® R3072030, is a fantastic opportunity for you to experience the best of suburban living in the heart of King George Corridor.

Let's start with the schools. Your children will attend South Meridian Elementary School, just a 0.65 km stroll from your new home. With a rating of 6.5/10, this school provides a solid education that families appreciate. Just down the road, you'll find Earl Marriott Secondary School, located 0.66 km from your property, offering a well-rounded education for your teenagers.

In this neighborhood, you'll also be close to Eaton Arrowsmith School White Rock, an independent school with a No Rating, located 1.96 km from your home. This school provides an alternative education option for families who value individualized learning.

When it comes to safety, let's look at the crime statistics for this area. According to Statistics Canada's 2020 report, the overall crime rate in the neighborhood surrounding 1603 King George Boulevard, Surrey, BC is 7,512.73, which is considered Average compared to other Canadian cities. The year-over-year change in the total crime rate is a notable -12.05%. While there were 44,976 volation disturbances in the neighborhood, the low crime rate gives you peace of mind, making it an excellent choice for families.

Now, let's talk about demographics. In this community, 20.9% of the population holds a university certificate or degree, which is Average compared to other BC neighborhoods. However, 14.6% of the population has no certificate or degree, which is Below Average compared to the average in BC. This mix of educated and skilled individuals creates a vibrant community with a strong sense of values.

The median household income in this area is $80,567, which is Above Average in comparison to the British Columbia average. The median personal income is $38,272, also Above Average. While 48.4% of households in this census subdivision are mortgaged, which is Below Average, the unemployment rate is a low 4.4%, making it an excellent choice for professionals and families.

This property is located in a growing community, with a population change of 6.3% between 2011 and 2016, which is Above Average in comparison to average growth rates in the region. The population density per square kilometer is 2,339.7, which is Above Average. The average size of families in the area is 2.7, which is Below Average, but the percentage of families with children is 49.2%, which is Below Average. However, the percentage of married or living common law couples is 63.2%, which is Above Average.

In this neighborhood, you'll find a mix of young and older residents, with an average age of 49.1, which is High compared to other BC cities. The average value of dwellings in this neighborhood is $793,907, which is High compared to other areas in British Columbia. The average owner payments are Average, with homeowners spending $1,254 on average, while tenants pay $1,306, which is Above Average.

With 9.5% of the population renting, this neighborhood is relatively low compared to other BC cities and areas. The majority of residents, 87.4%, use cars as their primary mode of transportation, while 7.8% use public transport, which is Average. Only 0.7% of residents use bicycles, and 2.1% walk, making it a relatively car-dependent community.

In conclusion, 1603 King George Boulevard, Surrey, BC, MLS® R3072030, is an excellent choice for families and professionals who value a safe, vibrant community with a strong sense of values. With its excellent schools, Above Average median income, and low unemployment rate, this property offers an ideal living experience.

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 $2,500,000
Surrey No comparables
King George Corridor 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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