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Investor Alert! Don’t miss this exceptional cash-flowing opportunity. This expansive 2,412 sq ft corner property offers a rare combination of size, versatility, and prime central location. Featuring an impressive 9 bedrooms, 6 full bathrooms, and an on-site salon, this property is ideally suited for multi-family living or high-yield rental income. Conveniently located just minutes from shopping centres, universities, parks, recreational facilities, public transit, and major highways, it appeals to a wide tenant pool and ensures consistent demand. Currently generating $8,500 per month in rental income, this property delivers strong and reliable cash flow, making it an outstanding addition to any investment portfolio. (first photo is rendering of potential build)
General Info
Property Metrics
Additional Details
Heating & Cooling
Utilities
Parking
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Property History
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| Status | Date | Price |
|---|
Rooms
| Floor | Type | Dimensions |
|---|---|---|
| Main Level | Primary Bedroom | 11'7 x 11'7 ft |
| Main Level | Bedroom | 11'9 x 11'9 ft |
| Main Level | Bedroom | 9'11 x 9'11 ft |
| Main Level | Bedroom | 9'10 x 9'10 ft |
| Main Level | Bedroom | 13'9 x 13'9 ft |
| Main Level | Living Room | 13'9 x 13'9 ft |
| Main Level | Kitchen | 15'11 x 15'11 ft |
| Main Level | Foyer | 6'10 x 6'10 ft |
| Main Level | Porch (enclosed) | 7'0 x 7'0 ft |
| Basement Level | Bedroom | 9'7 x 9'7 ft |
| Basement Level | Bedroom | 9'5 x 9'5 ft |
| Basement Level | Bedroom | 9'5 x 9'5 ft |
| Basement Level | Bedroom | 11'5 x 11'5 ft |
| Basement Level | Office | 11'5 x 11'5 ft |
| Basement Level | Office | 11'0 x 11'0 ft |
| Basement Level | Kitchen | 18'0 x 18'0 ft |
| Basement Level | Laundry | 9'8 x 9'8 ft |
Bathrooms
| Floor | Ensuite | Pieces |
|---|---|---|
| Main Level | No | #4 |
| Main Level | Yes | #3 |
| Main Level | No | #3 |
| Basement | No | #4 |
| Basement | No | #4 |
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.
Public Schools
Information includes BC Government Open License data; school details change often and are offered solely as general guidance.
Private Schools
Closest Transit
Noise/ Power Lines
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Welcome to this beautiful community of Cedar Hills in Surrey, BC, where the charm and tranquility meet the convenience of modern living. As we take a stroll through the neighborhood, you'll notice the lush greenery and the vibrant atmosphere that makes this place truly special. Let's start exploring the attractions and features that make 9892 130 Street a perfect place to call home.
Education
When it comes to education, this neighborhood has got it covered. The property at 9892 130 Street is serviced by A H P Matthew Elementary School, which is just a short 0.69 km away. With a rating of 6/10, this school is a great option for families looking for a quality education for their kids. Plus, Queen Elizabeth Secondary School is also nearby, located 1.44 km from the property. While Queen Elizabeth doesn't have a rating, its proximity to this home makes it an excellent choice for families who value convenience and accessibility.
If you're looking for an alternative education option, the Khalsa School (Surrey) is the closest independent school, located 1.82 km from this home. With its rich cultural heritage and academic excellence, Khalsa School is an attractive option for families seeking a unique educational experience.
Safety
When it comes to safety, this neighborhood has a reputation for being one of the safest in the area. According to the latest crime statistics from Statistics Canada (2020), the overall crime rate near 9892 130 Street is 7,512.73, which is Average compared to other Canadian cities. With a rate of 44,976 volation disturbances in this neighborhood, you can rest assured that this community is a peaceful and secure place to live.
Demographics
This neighborhood is a melting pot of cultures, with a diverse range of residents who call it home. According to the latest census data, 15.7% of people in this neighborhood have a university certificate or degree, which is Average compared to other BC neighborhoods. However, 24.3% of the population has no certificate or degree, which is Above Average compared to the average in BC.
In terms of income, the median household income near this dwelling is $71,680, which is Average compared to the British Columbia average. However, the median personal income is $24,944, which is Low compared to the BC average. Despite this, 71.6% of households in this neighborhood have a mortgage, which is High compared to other areas in the region.
Lifestyle and Amenities
This neighborhood is surrounded by a range of lifestyle amenities that make it an attractive place to live. With a population density of 4,259.4 people per square kilometer, this community is bustling with activity. The average size of families in this area is 3.2, which is High compared to the whole region. Plus, 74% of families with children live in this neighborhood, making it an excellent choice for families.
In terms of transportation, this neighborhood is well-connected to the rest of Surrey and the surrounding areas. The closest bus station is the Eastbound 100 Ave @ 130 St, which is just 0.21 km away from this listing.
Real Estate Context
When it comes to real estate, this neighborhood has seen significant growth in recent years. With an average value of dwellings in this neighborhood around $760,554, this is High compared to other areas in British Columbia. Plus, 41% of the population in this district are renters, which is Above Average compared to other BC cities and areas.
In terms of owner payments, the average owner payments in this area are High, with owners spending an average of $1,671 per month on their dwellings. Tenants, on the other hand, are paying an average of $1,015 per month in this district, which is Average compared to other cities.
Conclusion
In conclusion, 9892 130 Street is a fantastic place to call home, with its excellent education options, safe community, and diverse range of residents. With its convenient location, lifestyle amenities, and real estate context, this neighborhood is an attractive choice for families, professionals, and anyone looking for a peaceful and secure place to live. Whether you're a first-time buyer or an experienced homeowner, this property at MLS® R3078935 is definitely worth considering.
Additional Information
This real estate listing is located in the Cedar Hills neighborhood of Surrey, BC. The property with MLS® R3078935 is a unique opportunity to own a piece of this vibrant community. With its excellent education options, safe community, and diverse range of residents, this neighborhood is an attractive choice for families, professionals, and anyone looking for a peaceful and secure place to live.
Expert Opinion
As an experienced realtor in the Surrey area, I can attest to the fact that this neighborhood is a hidden gem.
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