15634 88 Ave, Surrey, BC, MLS® R2973805

$3,400,000
Est. Mortgage /mo

$3,400,000
Est. Mortgage /mo
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
Go See This Home Now
3 Beds
3 Baths
1 Stories
lot 12005 sqft
1713 sqft
1966 built
Show more info
Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

15634 88 Ave, Surrey, BC | MLS® R2973805 Property Details

Investor/Developer ALERT! This rare, expansive 12,005 sq ft lot offers exceptional development potential in the highly sought-after Fleetwood Tynehead area, just steps away from the upcoming Surrey-Langley Skytrain line. With the opportunity for a 5-6 storey low-rise condo development, this is an outstanding investment opportunity in one of Surrey's most rapidly growing neighborhoods. The property currently features a well-maintained rancher, complete with a detached wire shed for extra storage, Whether you're looking to develop now or hold for future growth, this is a prime piece of real estate. Don’t miss out on this rare opportunity—please confirm all development potential with the City of Surrey.

General Info

Price $3,400,000
Total Bedrooms 3
Total Bathrooms 1
Half Bathrooms 2
Floor Area Total (sqft) 1713
Lot Size 12005
Lot Size Depth Feet
Lot Size Frontage 69.76
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 1966
Age Of Building 59
Building Type Single Family Residence
Property Type Residential
Architecture Style Rancher/Bungalow
Stories 1
Appliances Included Washer/Dryer, Refrigerator, Stove, Microwave
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS # R2973805
Area Surrey
Neighbourhood Fleetwood Tynehead
City Surrey
Gross Taxes $5,147.33
Ownership Type Freehold NonStrata
Maintenance Fee -

Heating & Cooling

Fireplace 0
Heating Type Forced Air

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, Open, Rear Access, Side Access, Gravel
Total Parking Spaces 10

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Strata Restrictions -
Rental Restrictions -
Zoning SFD
Rental Suites None
# of Kitchens 1
Flooring Laminate, Mixed
Foundation Concrete Perimeter
Locker -
View -
View Description -
Units In Development -
Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Roof Asphalt

Property History

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Status Date Price
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Listed by: Oakwyn Realty Encore

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
North Surrey Secondary School
1.87 km
No Rating
Elementary
Woodland Park Elementary School
Above Average
0.62 km
Rating 7/10

Information includes BC Government Open License data; school details change often and are offered solely as general guidance.

Private Schools

Elementary
St.Matthew's Elementary School
0.94 km
Rating 7.3/10
Secondary
Holy Cross Regional High School
1.09 km
No Rating

Closest Transit

Translink
Eastbound 88 Ave @ 156 St
0.02 km

Welcome to 15634 88 Avenue, a beautiful home in the heart of Surrey, BC, listed as MLS® R2973805. As we walk through the neighborhood, you'll notice how convenient it is to access top-rated schools, excellent amenities, and a vibrant community.

First, let's talk about the educational options for your family. Woodland Park Elementary School, located just 0.62 km from this home, has a rating of 7/10. This school is a great choice for families, offering a supportive learning environment and a strong sense of community. In addition to Woodland Park Elementary, North Surrey Secondary School is also nearby, with a rating of No Rating, and is located 1.87 km from this home.

If you're looking for a more independent school option, St. Matthew's Elementary School, with a rating of 7.3/10, is just 0.94 km away. For secondary independent school options, Holy Cross Regional High School, with No Rating, is located 1.09 km from this home.

Now, let's discuss the safety and security of the area. According to Statistics Canada's 2020 report, the neighborhood surrounding 15634 88 Avenue, Surrey, BC has an overall crime rate of 7,512.73, which is Average compared to other Canadian cities. This means that you can enjoy peace of mind knowing that the area is relatively safe. Additionally, the year-by-year change in the total crime rate is -12.05%, indicating a decline in crime over time.

When it comes to property crimes, the neighborhood is classified as Average, with a rating of 3,746.17. This means that you can feel secure in your home, knowing that the area is not prone to high levels of property crime. The year-by-year change in the property misconduct rate is -16.98%, showing a significant decrease in property-related issues.

Violent crime rates are also relatively low in the area, with a rating of 1,310.25, which is Below Average compared to other BC municipalities. This means that you can feel safe walking through the neighborhood, even at night.

Now, let's talk about the lifestyle amenities that make this neighborhood so desirable. The closest Bus station, Eastbound 88 Ave @ 156 St, is just 0.02 km away from this home, making it easy to get around without a car.

In terms of demographics, 29.9% of people in the neighborhood surrounding 15634 88 Avenue, Surrey, BC have a university certificate or degree, which is Above Average compared to other BC neighborhoods. Additionally, 14.9% of the population in this area have no certificate or degree, which is Below Average compared to the average in BC.

The median household income in the area is $81,338, which is Above Average compared to the British Columbia average. This means that the neighborhood is attractive to families and individuals who value a strong sense of community and a stable economy.

When it comes to transportation, the unemployment rate in the area is 6.3%, which is Below Average compared to other province neighborhoods. This means that you'll have access to a strong job market and a wide range of career opportunities.

As we explore the neighborhood, you'll notice that the population change between 2011 and 2016 was 35.3%, which is High compared to average growth rates in the region. This means that the area is experiencing a surge in population, making it an exciting place to live and invest.

In terms of population density, the area surrounding 15634 88 Avenue, Surrey, BC has a density of 4,746 people per square kilometer, which is High compared to other areas in the region. This means that you'll have access to a wide range of amenities and services, without feeling overwhelmed by a high population density.

The average size of families in the area is 3.1, which is Above Average compared to the whole region. Additionally, 74.2% of families in the area have children, which is High, and 62.8% of the population is married or living common law, which is Above Average.

Finally, let's talk about the real estate market. The average value of dwellings in the area is $459,308, which is Above Average compared to other areas in British Columbia. This means that the neighborhood is attractive to investors and homeowners who value a strong sense of community and a stable property market.

In terms of owner payments, the average owner payment in the area is $1,493, which is Above Average. Tenants in the area are paying $1,254, which is also Above Average.

Overall, 15634 88 Avenue, Surrey, BC, listed as MLS® R2973805, is a fantastic opportunity to live in a safe, vibrant, and family-friendly community.

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Local Info

Calculate your monthly mortgage payments

/month
Principal & Interest
Property Taxes $202
Maintenance fee 0
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Cash Flow Analysis

/month
Mortgage Payment $3201
Monthly Payment $3802
Break Even Down Payment 0%
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Price Evaluation Chart

Filter
Beds Home Types Square Feet Lot Size Year Built
This Home $3,400,000
Surrey $1,394,167
Fleetwood Tynehead 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
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
778-918-5990
Call or Text Now!
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