5479 124b St, Surrey, BC, MLS® R3079586

$2,799,999
Est. Mortgage /mo

$2,799,999
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
7 Beds
7 Baths
2 Stories
lot 20037 sqft
7352 sqft
2006 built
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Map
Street view
Schools
Crime
Commute
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5479 124b St, Surrey, BC | MLS® R3079586 Property Details

PANORAMA RIDGE CUSTOM LUXURY ESTATE! This home is over 7000 sqft and sits on a rare 20,000 sqft lot in one of Surrey’s most prestigious neighborhoods. Surrounded by nature and total tranquility, this home has 7 bedrooms + large office (with separate entrance) and 7 bathrooms. The main floor features high ceilings, elegant living and dining areas, spacious family room, gourmet chef’s kitchen, and a beautiful primary suite with a spa inspired ensuite and walk-in closet. Upstairs you have 3 spacious bedrooms, all with ensuites and walk-in closets. The basement is an entertainer’s dream with a massive rec room, bar, theatre, and 3 additional bedrooms with separate entrance. Beautifully landscaped yard, triple garage and lots of parking. Centrally located easy access to all highways.

General Info

Price $2,799,999
Total Bedrooms 7
Total Bathrooms 6
Half Bathrooms 1
Floor Area Total (sqft) 7352
Lot Size 20037
Lot Size Depth Feet
Lot Size Frontage 47.01
Basement Exterior Entry
Basement Features BasementFeatures

Property Metrics

Year Built 2006
Age Of Building 20
Building Type Single Family Residence
Property Type Residential
Stories 2
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS® # R3079586
Area Surrey
Neighbourhood Panorama Ridge
City Surrey
Gross Taxes $11,162.93
Ownership Type Freehold NonStrata
Maintenance Fee -

Heating & Cooling

Fireplace 4
Heating Type Forced Air, Natural Gas, Radiant
Cooling Central Air

Utilities

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

Parking

Parking Type Garage Triple, Front Access, Side Access
Total Parking Spaces 9

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Strata Restrictions -
Rental Restrictions -
Zoning RH
Rental Suites Unauthorized Suite
Laundry In Unit
# of Kitchens 3
Foundation Concrete Perimeter
Interior Features Storage
Locker -
View Description -
Units In Development -
Exterior Features Balcony
Sewer Community, Sanitary Sewer, Storm Sewer
Roof Metal, Concrete

Property History

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Status Date Price
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Listed by: Keller Williams Ocean 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
0.28 km
Secondary
Panorama Ridge Secondary School
2.38 km

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

Private Schools

Elementary
St. Bernadette
2.55 km
8.5/10
Excellent
Elementary, Secondary
Regent Christian Academy
5.82 km
8.1/10
Excellent

Closest Transit

Bus Stop
Eastbound New McLellan Rd @ 124 St
0.21 km
Skytrain
Skytrain @ 152 St Station ( Under Construction till 2029)
8.99 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 5479 124b Street, a stunning property located in the heart of Surrey, BC, proudly presented by your trusted realtor. As we step into this beautiful community, you'll discover a charming blend of quality schools, safe neighborhoods, and exceptional lifestyle amenities.

Let's start with the educational institutions that set the foundation for a successful future. Colebrook Elementary School, located just 0.28 km from this property, is a great choice for families, offering a No Rating that speaks to its commitment to providing a well-rounded education. Additionally, Panorama Ridge Secondary School, situated 2.38 km away, offers a No Rating that showcases its dedication to fostering academic excellence. For those seeking a private education, St. Bernadette Elementary School, with a stellar 8.5/10 rating, is conveniently located 2.55 km from this home, while Regent Christian Academy Secondary School, boasting a 8.1/10 rating, is a 5.82 km drive away.

Now, let's talk about safety. According to Statistics Canada's 2020 report, the area surrounding 5479 124b Street, Surrey, BC has an overall crime rate of 7,512.73, which is Average compared to other Canadian cities. What does this mean for you? It means you can enjoy peace of mind knowing that this neighborhood is relatively safe. Furthermore, the year-over-year change in the total crime rate is a notable -12.05%. This trend suggests that the community is working hard to maintain its safety standards.

When it comes to property crimes, the area is classified as Average, with a property misconduct rating of 3,746.17. This means that the neighborhood is experiencing a typical level of property-related incidents. In contrast, the violent crime rate is Below Average, with a ranking of 1,310.25. This is reassuring news for those prioritizing a safe living environment.

As we explore the community, you'll notice that the closest Bus station is Eastbound New McLellan Rd @ 124 St, conveniently located just 0.21 km away from this property. This makes it easy to get around without a car, making 5479 124b Street an attractive option for those who value public transportation.

Now, let's talk about the demographics of this vibrant neighborhood. With 33.1% of residents holding a university certificate or degree, this community boasts High levels of education compared to other BC neighborhoods. Conversely, 12.1% of the population in this area have no certificate or degree, which is Low compared to the average in BC.

In terms of income, the median household income near this property is $138,459, which is High in comparison to the British Columbia average. Similarly, the median personal income is $43,264, also High compared to the BC average. However, the percentage of households with a mortgage is 52.5%, which is Below Average.

Unemployment rates are also worth noting, with a low 2.2% rate in this area, making it an attractive option for those seeking employment opportunities.

As we examine the growth and development of this community, we see a population change of 3.6% between 2011 and 2016, which is Above Average compared to the average growth rate of this region. The population density per square kilometre is 401.2, which is Average. Average family size in this area is 3.1, which is Above Average, and 61.5% of families have children, also Above Average.

The average age of the population is 43.6, which is Above Average in comparison to other BC cities. With an average value of dwellings in this neighborhood being $1,600,130, which is High compared to other areas in British Columbia, this is an excellent opportunity for those seeking a high-end property.

In terms of owner and tenant payments, the average owner payment is $2,139, while the average tenant payment is $1,761. This means that homeowners and renters alike can expect to pay a relatively high amount for their dwellings.

Lastly, let's discuss the transportation habits of the community. A low 1.3% of the population uses public transport, while 93.4% rely on cars, making this an Above Average ratio. A further 1.3% of the population uses bicycles, which is Average, and 1.3% walk, which is Low.

In conclusion, 5479 124b Street, Surrey, BC (MLS® R3079586) offers an exceptional blend of quality education, safety, and lifestyle amenities. As your trusted realtor, I invite you to explore this incredible property and discover why this community is the perfect place to call home.

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 $2,799,999
Surrey $2,632,667
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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