8634 120a St, Surrey, BC | MLS^® R3078366 Property Details

Land Value only

NORDEL INDUSTRIAL PARK LAND ASSEMBLY – Currently operating as truck parking with strong interim income and exceptional upside for light industrial or business park development. 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. Land value only – existing house is not livable. Must be sold together with 8626 120A Street (R3078359)

General Info

Price $2,000,000

Total Bedrooms -

Total Bathrooms -

Half Bathrooms -

Floor Area Total (sqft) -

Lot Size 9721

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^® # R3078366

Area Surrey

Neighbourhood Queen Mary Park Surrey

City Surrey

Gross Taxes $14,804.32

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

1.74 km

Elementary

Kennedy Trail Elementary School

Average

0.76 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

0.58 km

8.9/10

Excellent

Elementary, Secondary

Khalsa School (Surrey)

3.85 km

Closest Transit

Bus Stop

Northbound Scott Rd @ 86 Ave

0.15 km

Skytrain

Skytrain @ King George Stn

4.03 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

Discover the Charm of Queen Mary Park in Surrey, BC

As we walk through the vibrant community of Queen Mary Park in Surrey, BC, I invite you to explore the unique characteristics of this fantastic neighborhood. Located at 8634 120a Street, this beautiful home is part of a thriving community that offers the perfect blend of convenience, amenities, and lifestyle.

Schools: A Top Priority for Families

Families with children will appreciate the excellent schools in the area. Kennedy Trail Elementary School, with a 4.5/10 rating, is only 0.76 km away, providing easy access for daily drop-offs and pickups. For secondary education, students can attend L A Matheson Secondary School, rated with no available data, which is situated 1.74 km from the property. For those seeking private education, Immaculate Conception School offers an excellent alternative, boasting a 8.9/10 rating and situated just 0.58 km from the home. Additionally, for families interested in independent education, Khalsa School (Surrey) is available, with no available data and located 3.85 km from the property.

Safety First: A Look at Crime Statistics

When it comes to safety, Statistics Canada's 2020 data reveals an overall crime rate of 7,512.73 in this neighborhood, which is Average compared to other Canadian cities. Volation disturbances stood at 44,976, with a year-over-year change of -12.05%. Drug crime rates were Above Average, with a rating of 390.7 and 2,339 illegal substances lawbreaking disturbances in 2020. However, property crimes were Average, with a rating of 3,746.17 and 22,427 incidents in 2020. Violent lawbreaking disorders decreased by 11.37% in 2020, with a rate of 1,310.25, which is Below Average compared to other BC municipalities.

Convenience and Lifestyle

The proximity to public transportation is a significant advantage, with the Northbound Scott Rd @ 86 Ave bus station just 0.15 km away. This makes it easy to commute to work, school, or other destinations.

Demographics: A Diverse and Thriving Community

The neighborhood surrounding 8634 120a Street boasts a diverse population, with 18.3% of residents holding a university certificate or degree, which is Average compared to other BC neighborhoods. However, 24% of the population has no certificate or degree, which is Above Average. The median household income is $64,461, which is Average in comparison to the British Columbia average. Median personal income is $26,976, which is Below Average.

Unemployment Rate and Population Growth

The unemployment rate in the area is 7%, which is Below Average compared to other province neighborhoods. Population growth between 2011 and 2016 was 2.5%, which is Above Average in this region. Population density is 1929.5 people per square kilometer, which is Above Average. The average family size is 3, which is Above Average, and 68.4% of families have children, which is also Above Average.

Real Estate Context

The average value of dwellings in this neighborhood is $448,976, which is Above Average compared to other areas in British Columbia. Average owner payments are Average, with $1,285 spent on average for the dwelling. Tenants pay $1,010 on average, which is also Average.

Affordability and Housing Trends

34.5% of the population in this district are renters, which is Above Average compared to other BC cities and areas. The percentage of English and French speakers is 3.1%, which is Low. However, 88.4% of residents speak only English, which is Below Average. 8.6% of the population does not speak either English or French, which is High.

Transportation and Mobility

17.9% of the population uses public transportation, which is Above Average. 78.4% of residents use cars, which is Below Average. 0.4% of people use bicycles, which is Low, and 2.6% of the population walks, which is Below Average.

Experience the Best of Queen Mary Park

At 8634 120a Street, Surrey, BC MLS^® R3078366, you'll find a home that offers the perfect blend of convenience, amenities, and lifestyle. Come and discover the charm of Queen Mary Park for yourself.