42 7875 122 St, Surrey, BC, MLS® R3004790

$818,800
Est. Mortgage /mo

$818,800
$748,800
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
4 Beds
3 Baths
3 Stories
$ 499 Maint. Fee
1913 sqft
1989 built
Show more info
Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

42 7875 122 St, Surrey, BC | MLS® R3004790 Property Details

Don't wait! This 4 BEDROOM, 3 BATHROOM, ~2,000 sq.ft CORNER UNIT in a SECURED GATED COMMUNITY. Partially UPDATED in 2021, featuring SPACIOUS MAIN w/ large LVGRM, DINRM, Kitchen & FAM ROOM! UPSTAIRS offers 3 BDRMS - MBRM w/ WIC & 3-pce ENSUITE+2 other BDRMS. The LOWER FLOOR is home to LARGE 4th BDRM w/ half bath offering SEPARATE ENTRANCE to the BACKYARD (Could convert to FULL BATH/MORTGAGE HELPER). OUTDOOR COVERED DECK perfect for summer & NEW ROOF! Located in desirable West Newton, central to SCOTT ROAD, Princess Margaret Sec, SIKH Academy, Westerman Elem, Superstore, Canadian Tire, restaurants, shopping, Save-On-Foods, Library, medical clinics, coffee shops, parks & direct access to major transport routes NORDEL Way & Fraser HWY.

General Info

Price $818,800
Total Bedrooms 4
Total Bathrooms 2
Half Bathrooms 1
Floor Area Total (sqft) 1913
Lot Size -
Lot Size Depth -
Lot Size Frontage -
Basement Full, Finished
Basement Features BasementFeatures

Property Metrics

Year Built 1989
Age Of Building 36
Building Type Townhouse
Property Type Residential
Architecture Style 3 Storey
Stories 3
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Building Amenities Trash, Maintenance Grounds, Management, Recreation Facilities, Sewer, Snow Removal
Building Features BuildingFeatures
Structures Residential Attached

Additional Details

MLS # R3004790
Area Surrey
Neighbourhood West Newton
City Surrey
Gross Taxes $3,425.79
Ownership Type Freehold Strata
Maintenance Fee $499
Community Features Shopping Nearby
Amenities Nearby Trash, Maintenance Grounds, Management, Recreation Facilities, Sewer, Snow Removal

Heating & Cooling

Fireplace 1
Heating Type Forced Air

Utilities

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

Parking

Parking Type Carport Single, Open, Guest, Front Access
Total Parking Spaces 2

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Strata Restrictions Pets Allowed w/Rest.,Rentals Allwd w/Restrctns
Pet Restrictions Cats OK, Dogs OK, Number Limit (Two), Yes With Restrictions
Rental Restrictions 100
Zoning RM15
Rental Suites None
Laundry In Unit
# of Kitchens 1
Flooring Wall/Wall/Mixed
Foundation Concrete Perimeter
Interior Features Storage
Locker -
View -
View Description -
Units In Development -
Exterior Features Balcony
Sewer Public Sewer, Sanitary Sewer
Roof Asphalt

Property History

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Status Date Price
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Listed by: eXp Realty of Canada Inc.

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
Westerman Elementary School
Average
0.52 km
Rating 5.7/10
Secondary
Princess Margaret Secondary School
1.99 km
No Rating

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

Private Schools

Elementary
Sikh Academy
1.93 km
Rating 7.1/10
Elementary, Secondary
Khalsa School (Surrey)
5.36 km
No Rating

Closest Transit

Translink
Northbound Scott Rd @ 7800 Block
0.39 km

Welcome to 42 7875 122 Street, a stunning property located in the heart of Surrey, BC. As we step into this beautiful home with MLS listing R3004790, you'll find yourself surrounded by the perfect blend of comfort, convenience, and community. Let's take a closer look at what makes this property so special.

Schools: A Haven for Learning

Just down the road, you'll find Westerman Elementary School, a highly rated institution with a 5.7/10 rating. This fantastic school is only 0.52 km away from 42 7875 122 Street, making it the perfect choice for families with children. In addition to Westerman Elementary, the property is also serviced by Princess Margaret Secondary School, located a short 1.99 km away.

For those seeking a more specialized education, the closest Elementary independent school is Sikh Academy, boasting a 7.1/10 rating and situated 1.93 km from the property. Meanwhile, the closest Secondary independent school is Khalsa School (Surrey), with a No Rating and located 5.36 km from 42 7875 122 Street.

Safety and Security

According to Statistics Canada's 2020 report, this neighbourhood has an overall crime rate of 7,512.73, which is considered Average compared to other Canadian cities. With a -12.05% year-by-year change in the total crime rate, you can feel confident in the safety of this community. Moreover, the property's location near MLS listing R3004790 has a Drug crime rate of Above Average, with 390.7 incidents per 100,000 population.

Demographics and Lifestyle

In the area surrounding 42 7875 122 Street, you'll find a diverse range of residents, with 19.7% holding a university certificate/degree, which is Average compared to other BC neighbourhoods. However, 26.1% of the population in this area has no certificate or degree, making it Above Average compared to the average in BC.

The median household income near this dwelling is $64,224, which is Average compared to the British Columbia average. Additionally, the median personal income is $22,797, which is considered Low compared to the BC average. Notably, 75.4% of households in this census subdivision have a mortgage, making it High.

Transit and Commuting

Just a short 0.39 km away from the property, you'll find the Northbound Scott Rd @ 7800 Block bus station, providing convenient access to public transportation. According to Statistics Canada, 17.6% of the population in this area uses public transport, which is Above Average. Meanwhile, 77.5% of residents use cars, making it Below Average.

Real Estate Context

As we explore the real estate context of 42 7875 122 Street, we find that the average value of dwellings in this neighbourhood is $541,061, which is Above Average compared to other areas in British Columbia. Moreover, the average owner payments are Above Average, with $1,558 spent per month on the dwelling. Tenants, however, are paying $869 per month, which is Below Average compared to other cities.

Community and Amenities

In the surrounding community, you'll find a range of amenities, including parks, beaches, trails, dog parks, shopping malls, grocery stores, restaurants, and coffee shops. With a population density of 5,941.1 people per square kilometre, this community is considered High. The average size of families in this area is 3.2, which is High compared to the whole region.

Unemployment and Growth

The unemployment rate in this area is 9.3%, which is Above Average compared to other province neighbourhoods. However, the population change between 2011 and 2016 was -0.2%, making it Below Average compared to the average growth rate of this region.

Language and Transportation

In the area surrounding 42 7875 122 Street, 3% of the population speaks English and French, making it Low. Meanwhile, 84.9% of residents speak only English, which is Below Average. Additionally, 12.1% of the population speaks neither English nor French, making it High.

Conclusion

As we conclude our tour of 42 7875 122 Street, we hope you've fallen in love with this stunning property and its perfect blend of comfort, convenience, and community. With its excellent schools, safe neighbourhood, and diverse range of amenities, this property is the perfect choice for families, professionals, and anyone seeking a wonderful place to call home.

Ready to make 42 7875 122 Street, Surrey, BC your new home? Contact us today to learn more about this incredible property and to schedule a viewing.

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Local Info

Calculate your monthly mortgage payments

/month
Principal & Interest
Property Taxes $202
Maintenance fee 499
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 $818,800
Surrey No comparables
West Newton 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!
Thank you Your message has been sent

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