8372 116 St, Delta, BC, MLS® R3056568

$1,350,000
Est. Mortgage /mo

$1,350,000
$1,299,000
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
4 Baths
2 Stories
lot 10150 sqft
2683 sqft
1969 built
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Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

8372 116 St, Delta, BC | MLS® R3056568 Property Details

This is an excellent holding property with over a 10,000 sq ft lot on 116 Street! The main floor features three bedrooms, including a primary bedroom with a 4-piece shower ensuite. The ground level offers a two-bedrooms legal suite and an unauthorized studio accommodation, both with private entrances. The potential maximum rental income for this property can exceed $5,000. The current house is situated at the end of the lot, featuring a long driveway and setback. The owner has consistently upgraded the property. This is a legal duplex lot with a maximum of 40% lot coverage. OCP is designated under Neighborhood Commercial. The location is highly convenient, within walking distance to schools, parks, a recreation center, and shopping amenities. Easy to show.

General Info

Price $1,350,000
Total Bedrooms 5
Total Bathrooms 4
Half Bathrooms 0
Floor Area Total (sqft) 2683
Lot Size 10150
Lot Size Depth Feet
Lot Size Frontage 59
Basement Finished, Exterior Entry
Basement Features BasementFeatures

Property Metrics

Year Built 1969
Age Of Building 56
Building Type Single Family Residence
Property Type Residential
Architecture Style Basement Entry
Stories 2
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS® # R3056568
Area N. Delta
Neighbourhood Scottsdale
City Delta
Gross Taxes $4,173
Ownership Type Freehold NonStrata
Maintenance Fee -
Fixtures Included -

Heating & Cooling

Fireplace 1
Heating Type Forced Air, Natural Gas

Utilities

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

Parking

Parking Type Open
Total Parking Spaces -

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Strata Restrictions -
Rental Restrictions -
Zoning RD3
Rental Suites -
# of Kitchens 2
Foundation Slab
Locker -
View -
View Description -
Units In Development -
Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Roof Asphalt

Property History

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Status Date Price
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Listed by: Medallion International Realty Ltd.

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
North Delta Secondary School
0.4 km
Elementary
Richardson Elementary School
Average
0.53 km
5.5/10

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

Private Schools

Elementary
Immaculate Conception School
1.18 km
8.9/10
Excellent
Elementary, Secondary
Khalsa School (Surrey)
4.61 km

Closest Transit

Bus Stop
Eastbound 84 Ave @ 116 St
0.05 km
Skytrain
Skytrain @ King George Stn
5.09 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 8372 116 Street, a wonderful community in Delta, BC!

As we walk through this charming neighborhood, I'm excited to share with you the amazing features that make this area so special. Let's start with the schools.

Education

For families with kids, we have a wonderful selection of schools in the area. Richardson Elementary School, located just 0.53 km from this beautiful home with MLS® R3056568, has a rating of 5.5/10. We also have North Delta Secondary School, just 0.4 km away, which has a rating of No Rating. And for those seeking an independent school option, Immaculate Conception School is just 1.18 km away, with a rating of 8.9/10. Additionally, Khalsa School (Surrey) is a great option for secondary education, located 4.61 km from this home.

Safety

When it comes to safety, we're happy to report that the neighborhood surrounding 8372 116 Street, Delta, BC has a Below Average crime rate compared to other Canadian cities, according to Statistics Canada's 2020 report. There were 5,732 violation disturbances in the area, with an overall crime rate of 5,106.05 incidents per 100,000 population. This is a reassuring statistic for families and individuals looking for a secure place to call home.

Demographics

So, who lives in this vibrant community? According to the latest data, 15.2% of residents have a university certificate or degree, which is Average in comparison to other BC neighborhoods. However, 24.8% of the population has no certificate or degree, which is Above Average. The median household income in the area is $74,016, which is Average compared to the British Columbia average. And with a median personal income of $26,995, which is Below Average, it's clear that this community values affordability and diversity.

Transit

Getting around is easy in this neighborhood, with the Eastbound 84 Ave @ 116 St bus station just 0.05 km away from this listing with MLS® R3056568.

Lifestyle Amenities

Let's talk about the lifestyle amenities that make this community so special. With a High population density per square kilometer, there's always something going on in this neighborhood. And with an average family size of 3.1, which is Above Average, it's clear that families are a big part of this community. Plus, with 76% of families having children, it's a great place to raise a family. And with a Low percentage of married or living common law couples (56.2%), it's also a great place for singles and couples to call home.

Real Estate Context

So, what does it cost to live in this amazing community? The average value of dwellings in the area is $779,343, which is High compared to other areas in British Columbia. And with average owner payments of $1,495, it's clear that homeowners take pride in their properties. Plus, with tenants paying an average of $1,052, it's a great option for investors and renters alike.

Community Insights

As we wrap up our tour of 8372 116 Street, Delta, BC, I want to share some additional insights about this community. With a population change of 7.4% between 2011 and 2016, which is Above Average, it's clear that this neighborhood is growing and thriving. And with a Low unemployment rate of 6.4%, it's a great place to find work and build a career. So, if you're looking for a welcoming community with plenty of amenities and opportunities, 8372 116 Street, Delta, BC might be the perfect fit for you!

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 $1,350,000
Delta $1,377,633
Scottsdale $1,399,000
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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