Excellent PLA-approved mixed-use (condo+retail) urban development opportunity featuring approximately 190' feet of frontage along King George Boulevard in Surrey. Strategically positioned with high visibility and strong exposure in a growing urban corridor. The site supports a 5-storey mixed-use development with commercial retail at grade and approximately 62,000 sq. ft. of total buildable density, including approximately 6,000 sq. ft. of retail space (includes DayCare). Situated on approximately 0.87 acres (37,697 sq.ft) land within the sought-after Panorama Ridge neighbourhood, the property offers high exposure & prime location. Architectural plans available upon request. Driveby anytime. Call for details.
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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.
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Welcome to Panorama Ridge, a vibrant community nestled in the heart of Surrey, BC.
Located at 6041 King George Boulevard, this stunning property with MLS® R3075272 is surrounded by excellent schools, making it a perfect choice for families. Let's start with the local educational institutions.
North Ridge Elementary School
, a highly rated institution with a 4.5/10 rating, is just 0.58 km away from this beautiful home. The school's proximity ensures that your little ones will have access to quality education, and you can rest assured that they'll receive the best possible start in life.Just down the road, you'll find
Panorama Ridge Secondary School
, with its impressive facilities and a strong focus on academic excellence. Although it doesn't have an official rating, its proximity to the property makes it an excellent choice for families who want their children to attend a reputable secondary school.St. Bernadette
, an independent elementary school with an impressive 8.5/10 rating, is also nearby, located 1.55 km from this property. If you're looking for a Catholic education for your child, this school is an excellent option. And for secondary education,Regent Christian Academy
, with its 8.1/10 rating, is a short 3.01 km drive away.Now, let's talk about safety. According to the latest crime data from Statistics Canada (2020), this neighbourhood has an average crime rate of 7,512.73 incidents per 100,000 population. While it's not the lowest, it's still a relatively safe area to live in. The crime rate has even decreased by 12.05% over the years, indicating a trend towards lower crime rates in the area.
In terms of property crimes, the area is considered average, with a rating of 3,746.17 incidents per 100,000 population. However, it's essential to note that the rate of property crimes has decreased by 16.98% over the years.
Violent crime rates in the area are also relatively low, with a rating of 1,310.25 incidents per 100,000 population, which is below the average rate for BC municipalities. The violent crime rate has even decreased by 11.37% over the years.
Now, let's explore the local amenities and lifestyle. Panorama Ridge is a vibrant community with plenty of shopping centers, parks, and recreational facilities. The closest bus station is the Northbound King George Blvd @ 60 Ave, which is just 0.09 km away from this property.
In terms of demographics, this neighbourhood has a higher percentage of university-educated residents, with 25.5% holding a university certificate or degree, which is above the average in BC. However, 17.7% of the population has no certificate or degree, which is average compared to the BC average.
The median household income in this area is $86,272, which is above the average in BC. The median personal income is $32,205, which is average compared to the BC average. A high percentage of households in this area (92.1%) have a mortgage, indicating a strong desire for homeownership.
The unemployment rate in this area is 6%, which is below the average in BC. The population growth rate in this neighbourhood has been high, with a 132.2% increase between 2011 and 2016, making it one of the fastest-growing areas in the region.
The average family size in this area is 3.2, which is high compared to the average in BC. A high percentage of families with children (78.8%) live in this area, making it an excellent choice for families. The percentage of married or living common law couples is also above average (64.2%).
The average age of the population in this area is 34.2, which is relatively low compared to other BC cities. The average value of dwellings in this area is $642,238, which is high compared to other areas in BC.
In terms of transportation, 14.4% of the population uses public transport, which is above average. However, 83.2% of the population uses cars, which is average. The percentage of people using bicycles is low (0%), and the percentage of people walking is also low (1.4%).
Overall, Panorama Ridge is a vibrant and family-friendly community that offers excellent schools, a safe environment, and plenty of amenities. If you're looking for a place to call home, this property with MLS® R3075272 is an excellent choice.
6041 King George Boulevard, Surrey, BC MLS® R3075272
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