10527 138 ST, Surrey BC V3T 4K6, Surrey, BC

$2,098,000
Est. Mortgage /mo

MLS® R2853001

Closed

$1,975,000
Closed at 29 Oct 2024
Listing price: $2,098,000
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Go See This Home Now
9 Beds
6 Baths
2 Stories
lot 6691 sqft
3875 sqft
2003 built
Show more info
Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

Property details

"Money Cow" real estate investment opportunity in Surrey's Whalley area. 3,875 sq.ft. living area, with 9 bed & 6 Bath. The entire property can be divided into 4 units for 4 families (all two-bedroom units); all rental units are above ground. Walking distance to major universities and shopping districts! In addition, current government OCP plans for future 2.5FAR, allowing the land to be converted into a 6-story apartment. It's a dream – living in it appreciates, not living in it generates positive cash flow in this high-interest era, and there's potential for visible, double-fold value appreciation in the future!

General Info

Price $2,098,000
Total Bedrooms 9
Total Bathrooms 4
Half Bathrooms 2
Floor Area Total (sqft) 3875
Lot Size 6691
Lot Size Depth Feet
Lot Size Frontage 0
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 2003
Age Of Building 21
Building Type Single Family Residence
Property Type Residential
Stories 2
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS # R2853001
Area North Surrey
Neighbourhood Whalley
City Surrey
Gross Taxes 0
Ownership Type Freehold NonStrata
Maintenance Fee -
Fixtures Included -

Heating & Cooling

Fireplace -
Heating Type Baseboard

Utilities

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

Parking

Parking Type Garage Double
Total Parking Spaces 4

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Strata Restrictions -
Rental Restrictions -
Zoning RES
Rental Suites -
# of Kitchens 3
Foundation Concrete Perimeter
Locker -
View -
View Description -
Units In Development -
Exterior Features Balcony
Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Roof Asphalt

Property History

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Status Date Price
Sold 10-29-2024 $2,098,000
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Listed by: RE/MAX Crest 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
Kwantlen Park Secondary School
1.29 km
No Rating
Elementary
Forsyth Road Elementary School
Below Average
0.45 km
Rating 2.6/10

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
Our Lady of Good Counsel
0.25 km
Rating 9.7/10
Secondary
Honour Secondary School
1.96 km
No Rating

Closest Transit

Translink
Eastbound 104 Ave @ Whalley Blvd
0.28 km

10527 138 STREET, Surrey BC V3T 4K6 is serviced by Forsyth Road Elementary School. The property with listing MLS® R2853001 is located 0.45 km from the school. Forsyth Road Elementary School has a rating of Rating 2.6/10.

This home with address 10527 138 STREET, Surrey BC V3T 4K6, Surrey, BC is also serviced by Kwantlen Park Secondary School and located 1.29 km from it. Kwantlen Park Secondary School has a rating of No Rating.

The closest Elementary independent school to this home for sale located at 10527 138 STREET, Surrey BC V3T 4K6 is Our Lady of Good Counsel with School's rating Rating 9.7/10, located 0.25 km from this home.

The closest to this address 10527 138 STREET, Surrey BC V3T 4K6 Secondary independent school is Honour Secondary School with School's rating No Rating, located 1.96 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 - 10527 138 STREET, Surrey BC V3T 4K6, 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® R2853001 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 10527 138 STREET, Surrey BC V3T 4K6 are Average. Property misconduct rating adjacent to MLS® R2853001 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 Eastbound 104 Ave @ Whalley Blvd in 0.28 km away from this listing with - MLS® R2853001.

18.9% of people with university certificate/degree live in this neighbourhood adjacent to the 10527 138 STREET, Surrey BC V3T 4K6 which is Average in comparison with other BC neighbourhoods. 20.9% of population in this neighbourhood that is near the Listing MLS® R2853001 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 10527 138 STREET, Surrey BC V3T 4K6, Surrey, BC is $58688 which is Below Average in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® R2853001 is $26876 which is Below Average in comparison with the BC average. % of the Households with a mortgage in this census subdivision is 79% which is High.

Unemployment rate in the area around Real Estate Listing # R2853001 is 7.1 which is Below Average in comparison to the other province neighbourhoods.

This real estate is located in 10527 138 STREET, Surrey BC V3T 4K6 Whalley where population change between 2011 and 2016 was 11.5%. This is High in comparison to average growth rate of this region.

Population density per square kilometre in this community near the address 10527 138 STREET, Surrey BC V3T 4K6, Surrey, BC is 3557.2 which is Above Average people per sq.km.

Average size of families in the area adjacent to home for sale 10527 138 STREET, Surrey BC V3T 4K6 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® R2853001 is 70.4% and it is High. % of Married or living common law is around 49.2% and it is Below Average.

Average age of the population close to the 10527 138 STREET, Surrey BC V3T 4K6 is 37.4 . This percentage is Low in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 10527 138 STREET, Surrey BC V3T 4K6, Surrey, BC is $476258 and this is Above Average comparing to other areas in British Columbia

Average Owner payments are Above Average in the area adjacent to 10527 138 STREET, Surrey BC V3T 4K6. $1383 owners spent in average for the dwelling. Tenants are paying $1091 in this district close to MLS® R2853001 and it is Above Average comparing to other cities.

53.9% of Population in this district near the 10527 138 STREET, Surrey BC V3T 4K6 are Renters and it is High comparing to other BC cities and areas.

% of English and French speakers around real estate listing 10527 138 STREET, Surrey BC V3T 4K6, Surrey, BC is 3.7%, it is Low, % of English speakers only is 91% and Average. % of French speakers adjacent to 10527 138 STREET, Surrey BC V3T 4K6 only is 0.1% and it is Low. % of Neither English nor French speakers close to home for sale 10527 138 STREET, Surrey BC V3T 4K6, Surrey, BC is 5.1% and it is High comparing to other BC cities.

30.4% of all population in the area around this property with the address 10527 138 STREET, Surrey BC V3T 4K6, Surrey, BC using Public Transport which is High, 64.3% of using population are using Cars around MLS® R2853001, which is Low. 0.3% of people using Bicycles around the 10527 138 STREET, Surrey BC V3T 4K6 and it is Low. 4.4% of population are walking which is Average

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Local Info

Calculate your monthly mortgage payments

/month
Principal & Interest
Property Taxes $202
Maintenance fee 0
All calculations are estimates and provided by Estateblock.com for informational purposes only. Actual amounts may vary.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Estateblock.com from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates. Insurance rates are very approximate and for informational purposes only.

Cash Flow Analysis

/month
Mortgage Payment $3201
Monthly Payment $3802
Break Even Down Payment 0%
All calculations are estimates and provided by Estateblock.com for informational purposes only. Actual amounts may vary.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Estateblock.com from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates. Insurance rates are very approximate and for informational purposes only.

Price Evaluation Chart

Filter
Beds Home Types Square Feet Lot Size Year Built
This Home $2,098,000
Surrey $1,960,000
Whalley No comparables
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
Call or Text Now!
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