164 7261 140 St, Surrey, BC, MLS® R3072869

$699,900
Est. Mortgage /mo

$699,900
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
3 Beds
2 Baths
2 Stories
$ 336.92 Maint. Fee
1387 sqft
1983 built
Show more info
Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

164 7261 140 St, Surrey, BC | MLS® R3072869 Property Details

In the Heart of East Newton 2 story Renovated 3 bedroom, 2 bathroom spacious Townhome located in the calm neighbourhood. Updates include New Paint, New Kitchen, Counter Top and Feature walls. This townhouse has Spacious Master Bedroom, 2 Parking Spots. Cats, Dogs and Rentals allowed. Close to Schools, Transportation and Shopping. Strata also changed Roof / Windows and all levy paid by landlord. For showings pls Call us NOW!

General Info

Price $699,900
Total Bedrooms 3
Total Bathrooms 1
Half Bathrooms 1
Floor Area Total (sqft) 1387
Lot Size -
Lot Size Depth Feet
Lot Size Frontage -
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 1983
Age Of Building 42
Building Type Townhouse
Property Type Residential
Stories 2
Building Amenities Maintenance Grounds, Management, Sewer, Snow Removal
Building Features BuildingFeatures
Structures Residential Attached

Additional Details

MLS® # R3072869
Area Surrey
Neighbourhood East Newton
City Surrey
Gross Taxes $3,119.99
Ownership Type Freehold Strata
Maintenance Fee $336.92
Amenities Nearby Maintenance Grounds, Management, Sewer, Snow Removal

Heating & Cooling

Fireplace -
Heating Type Baseboard, Electric

Utilities

Utility Type Electricity Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource) Public

Parking

Parking Type Carport Multiple, Front Access
Total Parking Spaces 2

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Strata Restrictions No Restrictions
Pet Restrictions Cats OK, Dogs OK, Number Limit (Two)
Rental Restrictions 100
Zoning RM45
Rental Suites -
# of Kitchens 1
Foundation Concrete Perimeter
View -
View Description -
Units In Development -
Exterior Features Balcony
Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Roof Asphalt

Property History

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Status Date Price
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Listed by: RE/MAX Performance Realty & RE/MAX Performance Realty

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

Secondary
Frank Hurt Secondary School
0.81 km
Elementary
M B Sanford Elementary School
Average
0.77 km
4.3/10

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

Private Schools

Elementary
Surrey Muslim School
1.05 km
7.7/10
Above Average
Elementary, Secondary
Regent Christian Academy
2.73 km
8.1/10
Excellent

Closest Transit

Bus Stop
Northbound 140 St @ 72 Ave
0.13 km
Skytrain
Skytrain @ 152 St Station ( Under Construction till 2029)
4.27 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 this beautiful community at 164 7261 140 Street, Surrey, BC, where I'm excited to share with you the unique features and advantages of this wonderful neighborhood. As your trusted realtor, I'll guide you through the essential details that make this area shine.

### Education

Let's start with the schools. This property is serviced by M B Sanford Elementary School, located just 0.77 km away from your new home. With a rating of 4.3/10, you can be confident in the quality of education your children will receive. Just down the road, you'll also find Frank Hurt Secondary School, with a rating of No Rating, located 0.81 km from this home. If you're looking for independent school options, Surrey Muslim School is the closest elementary school, with a rating of 7.7/10, located 1.05 km from this home. For secondary independent school options, Regent Christian Academy is the closest, with a rating of 8.1/10, located 2.73 km from this home.

### Safety

When it comes to safety, you'll feel at ease knowing that the crime rate in this neighborhood is Average compared to other Canadian cities, with 7,512.73 incidents per 100,000 population. According to Statistics Canada's 2020 report, the neighborhood surrounding this property has experienced a 12.05% decrease in the total crime rate year-over-year. Specifically, the drug crime rate is Above Average, with a rating of 390.7, and the property crime rate is Average, with a rating of 3,746.17. However, the violent crime rate is Below Average, with a rating of 1,310.25.

### Lifestyle Amenities

This neighborhood is surrounded by various lifestyle amenities that make living here a joy. Just a short walk from your new home, you'll find the Northbound 140 St @ 72 Ave bus station, located 0.13 km away. This property is also close to parks, beaches, and trails, making it an ideal location for outdoor enthusiasts. When it comes to shopping, you'll find nearby grocery stores, restaurants, and coffee shops to satisfy your needs.

### Real Estate Context

As for the real estate market, the average dwelling value in this neighborhood is $271,411, which is Below Average compared to other areas in British Columbia. However, the average owner payments are Below Average at $1,080, while the average tenant payments are Above Average at $1,132. This is a great opportunity for investors or homeowners looking for a relatively affordable option.

### Demographics

Let's take a look at the demographics of this neighborhood. 14.4% of the population has a university certificate or degree, which is Below Average compared to other BC neighborhoods. However, 23.2% of the population has no certificate or degree, which is Above Average. The median household income is $59,536, which is Below Average compared to the British Columbia average. The median personal income is $28,160, also Below Average. However, 68.2% of households have a mortgage, which is Above Average.

### Transit and Commuting

When it comes to transportation, this neighborhood is well-connected to major highways and public transportation. The Northbound 140 St @ 72 Ave bus station is just a short walk away, and you'll also find nearby bus stops and SkyTrain stations. According to the 2020 census, 21.3% of the population uses public transportation, which is Above Average. However, 73.5% of the population uses cars, which is Below Average.

### Community and Lifestyle

This neighborhood is a vibrant and diverse community, with a population density of 3,030.3 people per square kilometer, which is Above Average. The average family size is 3, which is Above Average, and 68.4% of families have children, which is also Above Average. However, 53.4% of the population is married or living common law, which is Below Average. The average age of the population is 41.3, which is Average compared to other BC cities.

### Investment Opportunities

If you're looking for a great investment opportunity, this neighborhood has a lot to offer. With an average value of dwellings at $271,411, this is a relatively affordable option for investors or homeowners. The 28.3% of the population that are renters is Above Average compared to other BC cities and areas, making this a great opportunity for rental income.

### Final Thoughts

In conclusion, this neighborhood at 164 7261 140 Street, Surrey, BC, offers a unique combination of education, safety, lifestyle amenities, and real estate opportunities. With a diverse community, easy access to public transportation, and a wide range of amenities, this is a

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 $699,900
Surrey $481,105
East Newton $647,105
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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