12617 88 AVE, Surrey BC V3W 3J8, Surrey, BC

$2,549,999
Est. Mortgage /mo

MLS® R2975383

$2,549,999
Est. Mortgage /mo
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Go See This Home Now
7 Beds
8 Baths
2 Stories
lot 6699 sqft
3955 sqft
2013 built
Show more info
Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

Property details

ATTENTION INVESTORS ! Central location in the heart of QUEEN MARY PARK ! Don't miss this opportunity to own an amazing DEVELOPMENT potential property in Surrey ! Situated on 88 AVENUE this property boasts excellent EXPOSURE and is located just steps from a major COMMERCIAL shopping plaza and across the street from an INDUSTRIAL zone. This stunning property features a generous 3955 square feet of beautifully designed living space across two floors, boasting 7 spacious bedrooms and 8 bathrooms. Mortgage Helpers - 2+1 rental suites and a studio unit with great income potential. Ideally located close to schools, public transit, shopping and all other amenities. Call today to secure this lucrative investment opportunity!

General Info

Price $2,549,999
Total Bedrooms 7
Total Bathrooms 7
Half Bathrooms 1
Floor Area Total (sqft) 3955
Lot Size 6699
Lot Size Depth Feet
Lot Size Frontage 58.21
Basement Finished, Exterior Entry
Basement Features BasementFeatures

Property Metrics

Year Built 2013
Age Of Building 12
Building Type Single Family Residence
Property Type Residential
Stories 2
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS # R2975383
Area Surrey
Neighbourhood Queen Mary Park Surrey
City Surrey
Gross Taxes $7,981.33
Ownership Type Freehold NonStrata
Maintenance Fee -
Community Features Shopping Nearby

Heating & Cooling

Fireplace 0
Heating Type Radiant

Utilities

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

Parking

Parking Type Additional Parking, Garage Single
Total Parking Spaces -

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Strata Restrictions -
Rental Restrictions -
Zoning RES
Rental Suites Legal Suite,Unauthorized Suite
# of Kitchens 4
Flooring Mixed
Foundation Block
Interior Features Pantry
Locker -
View Description -
Units In Development -
Exterior Features Balcony, Private Yard
Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Roof Asphalt

Property History

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Status Date Price
Active - $2,549,999
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Listed by: Royal LePage West Real Estate Services

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
Queen Elizabeth Secondary School
2.2 km
No Rating
Elementary
David Brankin Elementary School
0.8 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
Sikh Academy
0.87 km
Rating 7.1/10
Elementary, Secondary
Khalsa School (Surrey)
3.49 km
No Rating

Closest Transit

Translink
Eastbound 88 Ave @ 126 St
0.05 km

12617 88 AVENUE, Surrey BC V3W 3J8 is serviced by David Brankin Elementary School. The property with listing MLS® R2975383 is located 0.8 km from the school. David Brankin Elementary School has a rating of No Rating.

This home with address 12617 88 AVENUE, Surrey BC V3W 3J8, Surrey, BC is also serviced by Queen Elizabeth Secondary School and located 2.2 km from it. Queen Elizabeth Secondary School has a rating of No Rating.

The closest Elementary independent school to this home for sale located at 12617 88 AVENUE, Surrey BC V3W 3J8 is Sikh Academy with School's rating Rating 7.1/10, located 0.87 km from this home.

The closest to this address 12617 88 AVENUE, Surrey BC V3W 3J8 Secondary independent school is Khalsa School (Surrey) with School's rating No Rating, located 3.49 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 - 12617 88 AVENUE, Surrey BC V3W 3J8, 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® R2975383 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 12617 88 AVENUE, Surrey BC V3W 3J8 are Average. Property misconduct rating adjacent to MLS® R2975383 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 88 Ave @ 126 St in 0.05 km away from this listing with - MLS® R2975383.

14.4% of people with university certificate/degree live in this neighbourhood adjacent to the 12617 88 AVENUE, Surrey BC V3W 3J8 which is Below Average in comparison with other BC neighbourhoods. 32.6% of population in this neighbourhood that is near the Listing MLS® R2975383 have no certificate or degree. This number is High compared to the average in BC.

Median Household Income near this dwelling with the address 12617 88 AVENUE, Surrey BC V3W 3J8, Surrey, BC is $73600 which is Average in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® R2975383 is $23296 which is Low in comparison with the BC average. % of the Households with a mortgage in this census subdivision is 68.7% which is Above Average.

Unemployment rate in the area around Real Estate Listing # R2975383 is 9.8 which is Above Average in comparison to the other province neighbourhoods.

This real estate is located in 12617 88 AVENUE, Surrey BC V3W 3J8 where population change between 2011 and 2016 was 3.1%. This is Above Average in comparison to average growth rate of this region.

Population density per square kilometre in this community near the address 12617 88 AVENUE, Surrey BC V3W 3J8, Surrey, BC is 3280 which is Above Average people per sq.km.

Average size of families in the area adjacent to home for sale 12617 88 AVENUE, Surrey BC V3W 3J8 is 3.2. This is High number in comparison to the whole region. Percent of families with children near by the Real Estate Listing - MLS® R2975383 is 82.3% and it is High. % of Married or living common law is around 62.4% and it is Above Average.

Average age of the population close to the 12617 88 AVENUE, Surrey BC V3W 3J8 is 36.9 . This percentage is Low in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 12617 88 AVENUE, Surrey BC V3W 3J8, Surrey, BC is $779536 and this is High comparing to other areas in British Columbia

Average Owner payments are High in the area adjacent to 12617 88 AVENUE, Surrey BC V3W 3J8. $1680 owners spent in average for the dwelling. Tenants are paying $912 in this district close to MLS® R2975383 and it is Below Average comparing to other cities.

39.5% of Population in this district near the 12617 88 AVENUE, Surrey BC V3W 3J8 are Renters and it is Above Average comparing to other BC cities and areas.

% of English and French speakers around real estate listing 12617 88 AVENUE, Surrey BC V3W 3J8, Surrey, BC is 1.9%, it is Low, % of English speakers only is 84.2% and Below Average. % of Neither English nor French speakers close to home for sale 12617 88 AVENUE, Surrey BC V3W 3J8, Surrey, BC is 14% and it is High comparing to other BC cities.

11.9% of all population in the area around this property with the address 12617 88 AVENUE, Surrey BC V3W 3J8, Surrey, BC using Public Transport which is Average, 83.9% of using population are using Cars around MLS® R2975383, which is Average. 0% of people using Bicycles around the 12617 88 AVENUE, Surrey BC V3W 3J8 and it is . 4.2% 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 $2,549,999
Surrey $1,986,266
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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