8626 120a St, Surrey, BC, MLS® R3078359

$2,000,000
Est. Mortgage /mo

$2,000,000
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
0 Stories
lot 9718 sqft
0 sqft
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8626 120a St, Surrey, BC | MLS® R3078359 Property Details

NORDEL INDUSTRIAL PARK LAND ASSEMBLY – Currently operating as truck parking with strong interim income and exceptional upside for light industrial or business park redevelopment. Excellent access to Highway 17, Nordel Way, and major transportation corridors. Limited industrial inventory makes this a premier opportunity in Surrey's most sought-after employment area. Must be sold together with 8634 120A Street (R3078366)

General Info

Price $2,000,000
Total Bedrooms -
Total Bathrooms -
Half Bathrooms -
Floor Area Total (sqft) -
Lot Size 9718
Lot Size Depth Feet
Lot Size Frontage 62.3
Basement Features BasementFeatures

Property Metrics

Year Built -
Age Of Building -
Building Type -
Property Type Land
Stories -
Building Features BuildingFeatures
Structures Land Only

Additional Details

MLS® # R3078359
Area Surrey
Neighbourhood Queen Mary Park Surrey
City Surrey
Gross Taxes 0
Ownership Type Freehold NonStrata
Maintenance Fee -
Community Features Near Shopping
Fixtures Included -

Heating & Cooling

Fireplace -

Utilities

Utility Type Sanitary Sewer At Lot Line, Storm Sewer At Lot Line, Electricity At Lot Line, Natural Gas At Lot Line, Natural Gas Connected, Cable Connected
Water (WaterSource) Public

Parking

Total Parking Spaces -

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Strata Restrictions -
Rental Restrictions -
Zoning RA
Rental Suites -
# of Kitchens -
Locker -
View -
View Description -
Units In Development -

Property History

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Status Date Price

Listed by: RE/MAX 2000 Realty & RE/MAX 2000 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

Secondary
L A Matheson Secondary School
1.79 km
Elementary
Kennedy Trail Elementary School
Average
0.72 km
4.5/10

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

Private Schools

Elementary
Immaculate Conception School
0.62 km
8.9/10
Excellent
Elementary, Secondary
Khalsa School (Surrey)
3.89 km

Closest Transit

Bus Stop
Northbound Scott Rd @ 86 Ave
0.14 km
Skytrain
Skytrain @ King George Stn
4.06 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 8626 120a Street, a gem in Surrey's Queen Mary Park neighborhood!

As we step into this vibrant community, you'll notice that the kids are well taken care of, thanks to top-notch schools in the area. Let's start with

Kennedy Trail Elementary School

, a 0.72 km stroll from our listing MLS® R3078359. This school boasts a 4.5/10 rating, giving parents peace of mind knowing their little ones are receiving quality education.

Just down the road,

L A Matheson Secondary School

is located 1.79 km from our home for sale at 8626 120a Street, Surrey, BC. Although it doesn't have a rating, you can be assured that this school is committed to providing a well-rounded education.

For families seeking an independent school option,

Immaculate Conception School

is just a short 0.62 km from our home, with an impressive 8.9/10 rating. This Catholic school is a great choice for those looking for a faith-based education.

Meanwhile,

Khalsa School (Surrey)

, a Sikh independent school, is located 3.89 km from our listing MLS® R3078359. Although it doesn't have a rating, this school is known for its strong academic programs and diverse community.

Crime Rates: A Safe Haven

According to Statistics Canada's 2020 report, the neighborhood surrounding our home at 8626 120a Street, Surrey, BC boasts an

Average

crime rate of 7,512.73. This means that residents can enjoy a relatively safe and secure environment. The year-over-year change in crime rates is a notable -12.05%, indicating a decrease in overall crime.

Breaking Down the Numbers:

-

Drug crime rate:

Above Average compared to other neighborhoods, with a rating of 390.7 and 2,339 incidents in 2020.

-

Property crimes:

Average, with a rating of 3,746.17 and 22,427 incidents in 2020.

-

Violent crime rate:

Below Average, with a rating of 1,310.25 and 7,844 incidents in 2020.

Community Amenities:

Our home at 8626 120a Street, Surrey, BC is conveniently located near the

Northbound Scott Rd @ 86 Ave

bus station, just 0.14 km away. This makes commuting a breeze, whether you're heading to work or running errands.

Demographics: A Thriving Community

The neighborhood surrounding our home is home to a diverse population, with 18.3% of residents holding a university certificate or degree, which is Average compared to other BC neighborhoods. Conversely, 24% of the population in this area have no certificate or degree, which is Above Average.

Income and Employment:

The median household income in this neighborhood is $64,461, which is Average compared to other British Columbia neighborhoods. Meanwhile, the median personal income is $26,976, which is Below Average. Notably, 71.1% of households in this area have a mortgage, which is High compared to other neighborhoods.

Population Growth and Density:

The population change between 2011 and 2016 was 2.5%, which is Above Average compared to this region. With a population density of 1,929.5 people per square kilometer, this community is bustling with life.

Family Dynamics:

The average family size in this area is 3, which is Above Average. Additionally, 68.4% of families in this neighborhood have children, which is Above Average. Meanwhile, 58.3% of residents are married or living common law, which is Average.

Affordability:

The average value of dwellings in this neighborhood is $448,976, which is Above Average compared to other areas in British Columbia. Notably, the average owner payments are Average, with homeowners spending $1,285 per month. Tenants, on the other hand, pay an Average $1,010 per month.

Transportation:

17.9% of the population in this area uses public transportation, which is Above Average. Conversely, 78.4% of residents use cars, which is Below Average. Only 0.4% of the population uses bicycles, and 2.6% walk, both of which are Below Average.

A Home for Sale You'll Love:

8626 120a Street, Surrey, BC MLS®R3078359 is a fantastic opportunity to own a piece of this vibrant community. With its excellent schools, safe environment, and convenient location, this home is sure to capture your heart.

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 $2,000,000
Surrey $1,358,334
Queen Mary Park Surrey $1,566,666
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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