5898 124 St, Surrey, BC, MLS® R2974897

$1,599,000
Est. Mortgage /mo

$1,599,000
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
5 Beds
3 Baths
2 Stories
lot 7807 sqft
2456 sqft
1968 built
Show more info
Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

5898 124 St, Surrey, BC | MLS® R2974897 Property Details

RA ZONING calls for DUPLEX with accessory units (buyer/buyers agent to confirm with City of Surrey). Great starter home/investment property located in Panorama Ridge on a 7,800sqft lot with a bonus mortgage helper. The main level features spacious living and dining areas, functional kitchen, 3 spacious bedrooms and 2 bathrooms. The lower level contains a great mortgage helper. Located in desirable Panorama Ridge, this home is walking distance to great schools, transit, Boundary Park and is within minutes of the highway and shops.

General Info

Price $1,599,000
Total Bedrooms 5
Total Bathrooms 2
Half Bathrooms 1
Floor Area Total (sqft) 2456
Lot Size 7807
Lot Size Depth Feet
Lot Size Frontage 60
Basement Finished
Basement Features BasementFeatures

Property Metrics

Year Built 1968
Age Of Building 57
Building Type Single Family Residence
Property Type Residential
Stories 2
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS® # R2974897
Area Surrey
Neighbourhood Panorama Ridge
City Surrey
Gross Taxes $5,361.68
Ownership Type Freehold NonStrata
Maintenance Fee -

Heating & Cooling

Fireplace 2
Heating Type Forced Air, Natural Gas

Utilities

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

Parking

Parking Type Detached
Total Parking Spaces 6

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Strata Restrictions -
Rental Restrictions -
Zoning RA
Rental Suites Unauthorized Suite
# of Kitchens 2
Foundation Concrete Perimeter
Locker -
View Description -
Units In Development -
Exterior Features Balcony
Sewer Public Sewer, Sanitary Sewer
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

Secondary
Tamanawis Secondary School
1.49 km
Elementary
J T Brown Elementary School
Average
0.25 km
5.3/10

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

Private Schools

Elementary
St. Bernadette
1.98 km
8.5/10
Excellent
Elementary, Secondary
Regent Christian Academy
5.66 km
8.1/10
Excellent

Closest Transit

Bus Stop
Southbound 124 St @ 59A Ave
0.07 km
Skytrain
Skytrain @ Green Timbers Station ( Under Construction till 2029)
8.26 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 5898 124 Street, a beautiful property in Surrey, BC. As your trusted realtor, I'm excited to share with you the wonderful features of this community.

Education

Just down the road, you'll find J T Brown Elementary School, rated 5.3/10, located a short 0.25 km from this property. Families love this area because of the excellent schools, and J T Brown Elementary is a great choice for kids. Plus, your child will be close to home, making it easy to get to school each morning.

In addition to J T Brown Elementary, this property is also served by Tamanawis Secondary School, located 1.49 km away, with no rating available. And for those looking for an independent school option, St. Bernadette is just 1.98 km away, with a rating of 8.5/10. Regent Christian Academy, a secondary independent school, is 5.66 km away, with a rating of 8.1/10.

Crime

According to Statistics Canada's 2020 report, this neighbourhood has an overall crime rate of 7,512.73, which is Average compared to other Canadian cities. But don't worry, the year-over-year change in the total crime rate is a positive -12.05%. This means that the area is becoming safer, and you can feel confident living here.

In terms of specific crime types, the drug crime rate is Above Average, with a rating of 390.7. However, the property crimes in the area are Average, with a rating of 3,746.17. And the violent crime rate is Below Average, with a rating of 1,310.25.

Demographics

This neighbourhood is a great place to call home, with a mix of families and renters. 21.6% of the population has a university certificate or degree, which is Average compared to other BC neighbourhoods. And 13.4% of the population has no certificate or degree, which is Below Average compared to the average in BC.

In terms of income, the median household income is a healthy $95,019, which is High compared to the British Columbia average. And the median personal income is $38,694, which is Above Average compared to the BC average.

Transit

Getting around is easy from this property, with the Southbound 124 St @ 59A Ave bus station just 0.07 km away. You can also drive, with easy access to major highways and roads.

Lifestyle Amenities

This neighbourhood has everything you need, with parks, beaches, trails, and dog parks nearby. You'll also find shopping malls, grocery stores, restaurants, and coffee shops just a short walk or drive away. And if you need medical care, there are hospitals and medical facilities close by.

Real Estate Context

The average dwelling value in this neighbourhood is a impressive $739,613, which is High compared to other areas in British Columbia. And the average owner payments are Average, with owners spending $1,212 per month on their properties. Tenants are paying an average of $1,080 per month, which is also Average.

Community

This neighbourhood is a great place to live, with a mix of families and renters. 14.4% of the population are renters, which is Below Average compared to other BC cities and areas. And the community is diverse, with 5% of the population speaking English and French, while 91% of the population speaks only English.

Overall, 5898 124 Street is a wonderful property in a great neighbourhood. With its excellent schools, safe community, and easy access to amenities, it's the perfect place to call home. So why not come and see it for yourself? Contact me today to schedule a viewing!

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 $1,599,000
Surrey $1,267,783
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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