5455 120 St, Surrey, BC, MLS® R3059730

$3,438,888
Est. Mortgage /mo

$3,438,888
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
5 Beds
6 Baths
2 Stories
lot 43305 sqft
8246 sqft
1990 built
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Map
Street view
Schools
Crime
Commute
Shop & Eat

5455 120 St, Surrey, BC | MLS® R3059730 Property Details

UNOBSTRUCTED 180 OCEAN VIEW. This Italian-built custom home offers BREATHTAKING PANORAMIC OCEAN VIEWS from every room. Situated on nearly an acre, the gated property features an indoor pool, hot tub, and sauna, providing a private retreat. The home boasts spacious decks on every level to enjoy panoramic views of the ocean, islands, and valley. The grand entrance is highlighted by Norwegian blue granite, and the 8,246 sf living space includes a triple car garage with ample storage. While it may require a few minor updates, it boasts beautiful architectural character, high ceilings, and large windows that flood the interior with natural light. With a private oasis backyard, an outdoor bathroom, and a garden, this is a rare opportunity to own one of Panorama Ridge’s MOST stunning properties.

General Info

Price $3,438,888
Total Bedrooms 5
Total Bathrooms 4
Half Bathrooms 2
Floor Area Total (sqft) 8246
Lot Size 43305
Lot Size Depth Metres
Lot Size Frontage 675.84
Basement Full
Basement Features BasementFeatures

Property Metrics

Year Built 1990
Age Of Building 35
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® # R3059730
Area Surrey
Neighbourhood Panorama Ridge
City Surrey
Gross Taxes $10,259
Ownership Type Freehold NonStrata
Maintenance Fee -
Community Features Gated

Heating & Cooling

Fireplace 4
Heating Type Radiant

Utilities

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

Parking

Parking Type Other
Total Parking Spaces 12

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Strata Restrictions -
Rental Restrictions -
Zoning A-1
Rental Suites -
# of Kitchens 2
Foundation Other
Locker -
View 1
View Description UNOBSTRUCTED 180 OCEAN VIEW
Units In Development -
Exterior Features Balcony, Private Yard
Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Roof Other

Property History

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Status Date Price
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Listed by: RE/MAX City 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

Elementary
Colebrook Elementary School
0.56 km
Secondary
Panorama Ridge Secondary School
2.53 km

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

Private Schools

Elementary
St. Bernadette
2.66 km
8.5/10
Excellent
Elementary, Secondary
Regent Christian Academy
6.05 km
8.1/10
Excellent

Closest Transit

Bus Stop
Eastbound New McLellan Rd @ 123 St
0.08 km
Skytrain
Skytrain @ Green Timbers Station ( Under Construction till 2029)
9.06 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 5455 120 Street, Surrey, BC - A Charming Community with Endless Opportunities

As we step into the vibrant neighborhood of 5455 120 Street, Surrey, BC, you'll discover a unique blend of family-friendly charm and modern amenities. Let's start by exploring the local schools that make this community a top choice for families.

Excellent Education Options

Our home at 5455 120 Street, Surrey, BC, is proudly served by Colebrook Elementary School, a highly-rated institution that's just a short 0.56 km away. With a rating of No Rating (note: this information is subject to change), Colebrook Elementary School is an excellent choice for families seeking a quality education. Additionally, Panorama Ridge Secondary School is also in the area, located 2.53 km from the property, offering students access to a comprehensive education from grade 8 to 12.

St. Bernadette Elementary School: A Hidden Gem

For those seeking an independent education, St. Bernadette Elementary School is just 2.66 km away from 5455 120 Street. With a rating of 8.5/10, this school offers a unique learning experience that's perfect for families seeking a faith-based education. Regent Christian Academy, another independent secondary school, is 6.05 km from the property, boasting a rating of 8.1/10.

A Safe and Secure Community

Statistics Canada's 2020 report provides valuable insights into the crime rates in our neighborhood. With 44,976 reported disturbances in the area, the overall crime rate near 5455 120 Street, Surrey, BC, is 7,512.73, which is Average compared to other Canadian cities. The year-over-year change in the total crime rate is -12.05%, indicating a downward trend in crime activity. According to Statistics Canada, the drug crime rate adjacent to MLS® R3059730 is Above Average, with 390.7 incidents reported in 2020, reflecting a 16.32% increase in the illegal substances offenses ranking. Property crimes in the neighborhood are Average, with a rating of 3,746.17 and 22,427 incidents reported in 2020, showing a -16.98% change in the property misconduct rate. Notably, the violent crime rate is Below Average, with 7,844 incidents reported in 2020, reflecting a -11.37% change.

Convenient Transit Options

Getting around is a breeze with the Eastbound New McLellan Rd @ 123 St bus station just 0.08 km away from the property with MLS® R3059730.

A Thriving Community with a High Standard of Living

This neighborhood adjacent to the 5455 120 Street, Surrey, BC, boasts an impressive 33.1% of residents holding a university certificate or degree, which is High compared to other BC neighborhoods. Conversely, 12.1% of the population has no certificate or degree, which is Low compared to the average in BC. The median household income near this dwelling is $138459, which is High compared to the British Columbia average. The median personal income is $43264, also High compared to the BC average. Interestingly, 52.5% of households in this census subdivision have a mortgage, which is Below Average.

A Low Unemployment Rate and Above Average Population Growth

The unemployment rate in the area around MLS® R3059730 is a low 2.2%, which is significantly lower than the average in other province neighborhoods. Furthermore, the population change between 2011 and 2016 was 3.6%, which is Above Average in comparison to the average growth rate of this region.

A Diverse Community with a Mix of Family Sizes and Age Groups

The average size of families in the area adjacent to the home for sale at 5455 120 Street is 3.1, which is Above Average in comparison to the whole region. The percent of families with children nearby is 61.5%, also Above Average. The average age of the population close to the 5455 120 Street is 43.6, which is Above Average in comparison to other BC cities.

A High Average Dwelling Value and Owner Payments

The average value of dwellings in this neighborhood is $1600130, which is High compared to other areas in British Columbia. Average owner payments are also High in this area, with owners spending $2139 on average for their dwelling. Tenants pay $1761 in this district, which is also High compared to other cities.

A Below Average Percentage of Renters and a Mix of English and French Speakers

11% of the population in this district near the 5455 120 Street are renters, which is Below Average compared to other BC cities and areas. The percentage

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 $3,438,888
Surrey No comparables
Panorama Ridge 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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