1603 King George Blvd, Surrey, BC, MLS® R2942197

$2,800,000
Est. Mortgage /mo

12.5% price reduce

$2,800,000
$3,200,000
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
2 Beds
1 Baths
1 Stories
lot 13743 sqft
940 sqft
1972 built
Show more info
Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

1603 King George Blvd, Surrey, BC | MLS® R2942197 Property Details

12.5% price reduce

Investor/Developer Opportunity! Don't miss out on this prime development lot for sale. strategically situated within the KING GEORGE HIGHWAY CORRIDOR PLAN. This property boasts excellent potential for rezoning to Multiple Residential - Connect with the City of Surrey to explore land use options. Enjoy convenient access to Highway 99, the U.S. border, beautiful White Rock Beach, and an array of dining options. The measurements provided by the realtor are approximate; buyers and/or their agents are encouraged to verify all crucial details. For more information, call today!

General Info

Price $2,800,000
Total Bedrooms 2
Total Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 940
Lot Size 13743
Lot Size Depth Feet
Lot Size Frontage 238
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 1972
Age Of Building 53
Building Type Single Family Residence
Property Type Residential
Architecture Style Rancher/Bungalow w/Bsmt.
Stories 1
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS # R2942197
Area South Surrey White Rock
Neighbourhood King George Corridor
City Surrey
Gross Taxes $5,818.16
Ownership Type Freehold NonStrata
Maintenance Fee -
Community Features Shopping Nearby

Heating & Cooling

Fireplace 1
Heating Type Hot Water, Natural Gas

Utilities

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

Parking

Parking Type Open
Total Parking Spaces -

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

Property History

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Status Date Price
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Listed by: Hugh & McKinnon Realty Ltd.

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
South Meridian Elementary School
Average
0.65 km
Rating 6.5/10
Secondary
Earl Marriott Secondary School
0.66 km
No Rating

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

Private Schools

Elementary, Secondary
Eaton Arrowsmith School White Rock
1.96 km
No Rating
Elementary, Secondary
Eaton Arrowsmith School White Rock
1.96 km
No Rating

Closest Transit

Translink
Westbound 16 Ave @ King George Blvd
0.02 km

Welcome to 1603 King George Boulevard, a beautiful property nestled in the heart of Surrey, BC. As your trusted realtor, I'm excited to take you on a tour of this fantastic community.

Education

Let's start with the schools. This property is serviced by South Meridian Elementary School, which is just 0.65 km away. With a rating of 6.5/10, families love this school for its excellent education and safe learning environment. Plus, Earl Marriott Secondary School is a short 0.66 km away, providing students with a comprehensive education from grade 8 to 12.

If you're looking for independent school options, Eaton Arrowsmith School in White Rock is just 1.96 km away. While it doesn't have a rating, it's a great option for families seeking a non-traditional education.

Safety

Now,let's talk about safety. According to the latest crime data from Statistics Canada (2020), this neighbourhood has an average crime rate of 7,512.73 incidents per 100,000 population. While it's not the lowest, it's considered typical for an urban area. Additionally, the year-over-year change in crime rate is -12.05%, indicating a slight decrease in crime.

It's worth noting that the drug crime rate is above average, with a rating of 390.7. However, the year-over-year change in this rating is 16.32%, which is a positive trend. Property crimes are also average, with a rating of 3,746.17. Violent crime rates are below average, with a rating of 1,310.25.

Demographics

This community is home to a diverse population, with 20.9% of residents holding a university certificate or degree. This is average compared to other BC neighbourhoods. However, 14.6% of the population has no certificate or degree, which is below average.

When it comes to income, the median household income is $80,567, which is above average in comparison to the British Columbia average. Median personal income is also above average, at $38,272.

Transit

As for transit, the closest Bus station is Westbound 16 Ave @ King George Blvd, just 0.02 km away from this property with MLS® R2942197. This makes it easy to get around Surrey and beyond.

Lifestyle Amenities

This community offers a range of lifestyle amenities, including parks, beaches, trails, dog parks, shopping malls, grocery stores, restaurants, and coffee shops. You'll find everything you need right at your doorstep.

Real Estate Context

The average dwelling value in this neighbourhood is $793,907, which is high compared to other areas in British Columbia. Owner payments are average, with homeowners spending $1,254 per month on average. Tenants, on the other hand, are paying $1,306 per month, which is above average.

Community Insights

This community is known for its diverse population, with 7.8% of residents using public transport, 87.4% using cars, and 2.1% walking. The average family size is 2.7, which is below average. However, 49.2% of families have children, which is below average.

In terms of age, the average resident is 49.1 years old, which is high compared to other BC cities. Finally, 9.5% of the population are renters, which is low compared to other BC cities.

In conclusion, 1603 King George Boulevard is a fantastic property in Surrey, BC, offering a range of amenities, excellent schools, and a safe community. If you're looking for a home that has it all, look no further than this beautiful property with MLS® R2942197.

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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 $2,800,000
Surrey No comparables
King George Corridor 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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