14827 88a Ave, Surrey BC V3R 7T3, Surrey, BC

$1,299,000
Est. Mortgage /mo

MLS® R2916845

Closed

$1,299,000
Closed at 26 Nov 2024
Listing price: $1,299,000
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Go See This Home Now
10 Beds
5 Baths
3 Stories
lot 7405 Square Feet
2461 sqft
1982 built
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Map
Street view
Schools
Crime
Commute
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Property details

Investors and developers, take note of this outstanding investment opportunity! This spacious 2,461 sq ft, three-level split home is nestled at the end of a cul-de-sac, offering a unique blend of privacy and convenience. The property boasts an impressive 10 bedrooms, 5 full bathrooms, and 2 half bathrooms, making it ideal for multi-family living or rental purposes. Centrally located, this home is just minutes away from shopping centers, universities, recreational facilities, parks, bus stops, and major highways, ensuring it meets the needs of a diverse range of tenants. Currently generating a substantial rental income of $9,500 per month, this property promises strong cash flow. However, prospective buyers are encouraged to verify with the city!

Location Details

Area Canada
State British Columbia
City Surrey
Postal Code V3R 7T3

Property Metrics

Total Bedrooms 10
Full Baths 5
Stories 3
Floor Area Total (Sq.ft) 2461

Financial Details

List Price 1,299,000
Gross taxes 6,069
Gross Taxes Year 2,023
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Listed by: Royal LePage Fairstone Realty. & Sutton Premier 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

Elementary
Green Timbers Elementary School
Above Average
0.87 km
Rating 5.4/10
Secondary
Enver Creek Secondary School
Above Average
1.15 km
No Rating

Part of this information is provided by the Province of British Columbia under the Open Government License for Government of BC Information v.BC1.0. School boundaries and other statistics changes frequently and is for general informational purposes only. You should not use such information in determining the legal eligibility to attend any particular school.

Private Schools

Elementary
Cornerstone Montessori School
Above Average
1.02 km
Rating 10/10
Elementary
Cornerstone Montessori School
Above Average
1.02 km
Rating 10/10

Closest Transit

Translink
Northbound 148 St @ 88 Ave
0.12 km

14827 88a Avenue, Surrey BC V3R 7T3 is serviced by Green Timbers Elementary School. The property with listing MLS® R2916845 is located 0.87 km from the school. Green Timbers Elementary School has a rating of Rating 5.4/10.

This home with address 14827 88a Avenue, Surrey BC V3R 7T3, Surrey, BC is also serviced by Enver Creek Secondary School and located 1.15 km from it. Enver Creek Secondary School has a rating of No Rating.

The closest Elementary independent school to this home for sale located at 14827 88a Avenue, Surrey BC V3R 7T3 is Cornerstone Montessori School with School's rating Rating 10/10, located 1.02 km from this home.

The closest to this address 14827 88a Avenue, Surrey BC V3R 7T3 Secondary independent school is Cornerstone Montessori School with School's rating Rating 10/10, located 1.02 km from this home

The freshest crime data from Statistics Canada are from 2020. There were 44,976 volation disturbances in this neighbourhood. The overall crime rate near the address - 14827 88a Avenue, Surrey BC V3R 7T3, Surrey, BC is 7,512.73. Rate is the amount of incidents per 100,000 population. Comparing to other Canadian cities it has Average rate in 2020. Year by year change in the total crime rate is -12.05%

Drug crime rate next to the listing MLS® R2916845 is Above Average comparing to other neighbourhoods. The illegal substances offences rating is 390.7. There were 2,339 illegal substances lawbreaking disturbances in this city in 2020 . Year by year change in the illegal substances offences ranking is 16.32%

Property crimes in the neighbourhood close to real estate listing for sale 14827 88a Avenue, Surrey BC V3R 7T3 are Average. Property misconduct rating adjacent to MLS® R2916845 is 3,746.17. There were 22,427 in the neighbourhood in 2020. Year by year change in the property misconduct rate is -16.98%

There were 7,844 violent lawbreaking disorders in 2020. 1,310.25 and it is Below Average rate comparing to other BC municipalities. Year by year change in the violent crime rate is -11.37%

The closest Bus station is Northbound 148 St @ 88 Ave in 0.12 km away from this listing with - MLS® R2916845.

17.8% of people with university certificate/degree live in this neighbourhood adjacent to the 14827 88a Avenue, Surrey BC V3R 7T3 which is Average in comparison with other BC neighbourhoods. 21.6% of population in this neighbourhood that is near the Listing MLS® R2916845 have no certificate or degree. This number is Above Average compared to the average in BC.

Median Household Income near this dwelling with the address 14827 88a Avenue, Surrey BC V3R 7T3, Surrey, BC is $80235 which is Above Average in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® R2916845 is $26717 which is Low in comparison with the BC average. % of the Households with a mortgage in this census subdivision is 68% which is Above Average.

Unemployment rate in the area around Real Estate Listing # R2916845 is 7.7 which is Average in comparison to the other province neighbourhoods.

This real estate is located in 14827 88a Avenue, Surrey BC V3R 7T3 where population change between 2011 and 2016 was 7.1%. This is Above Average in comparison to average growth rate of this region.

Population density per square kilometre in this community near the address 14827 88a Avenue, Surrey BC V3R 7T3, Surrey, BC is 3009.2 which is Above Average people per sq.km.

Average size of families in the area adjacent to home for sale 14827 88a Avenue, Surrey BC V3R 7T3 is 3.1. This is Above Average number in comparison to the whole region. Percent of families with children near by the Real Estate Listing - MLS® R2916845 is 73.3% and it is High. % of Married or living common law is around 60.5% and it is Average.

Average age of the population close to the 14827 88a Avenue, Surrey BC V3R 7T3 is 37.9 . This percentage is Below Average in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 14827 88a Avenue, Surrey BC V3R 7T3, Surrey, BC is $746399 and this is High comparing to other areas in British Columbia

Average Owner payments are Above Average in the area adjacent to 14827 88a Avenue, Surrey BC V3R 7T3. $1531 owners spent in average for the dwelling. Tenants are paying $1020 in this district close to MLS® R2916845 and it is Average comparing to other cities.

31.6% of Population in this district near the 14827 88a Avenue, Surrey BC V3R 7T3 are Renters and it is Above Average comparing to other BC cities and areas.

% of English and French speakers around real estate listing 14827 88a Avenue, Surrey BC V3R 7T3, Surrey, BC is 3.2%, it is Low, % of English speakers only is 87.6% and Below Average. % of French speakers adjacent to 14827 88a Avenue, Surrey BC V3R 7T3 only is 0.1% and it is Below Average. % of Neither English nor French speakers close to home for sale 14827 88a Avenue, Surrey BC V3R 7T3, Surrey, BC is 9.2% and it is High comparing to other BC cities.

18.1% of all population in the area around this property with the address 14827 88a Avenue, Surrey BC V3R 7T3, Surrey, BC using Public Transport which is Above Average, 78.1% of using population are using Cars around MLS® R2916845, which is Below Average. 0.5% of people using Bicycles around the 14827 88a Avenue, Surrey BC V3R 7T3 and it is Below Average. 2.2% of population are walking which is Below Average

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Local Info

Calculate your monthly mortgage payments

/month
Principal & Interest
Property Taxes $202
Maintenance fee 0

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
Call or Text Now!
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