RARE PANORAMA RIDGE ACREAGE, READY TO BUILD! An exceptional opportunity to create your dream estate in one of Surrey’s most prestigious neighbourhoods on this ONE ACRE site. Clean lot with no trees. This prime location offers quick access to highways, and scenic walking trails. The site is fully prepared with demolition complete, new septic system plus all services in place with over $150,000 invested in groundwork, drawings, permits, and infrastructure. Plans ready for an approx. 9,000 sq. ft. luxury home! Build your CUSTOM HOME now and make your vision a reality. Opportunities like this don't come up often. Priced to Sell. Don't miss out!
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Property History
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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.
Public Schools
Information includes BC Government Open License data; school details change often and are offered solely as general guidance.
Private Schools
Closest Transit
I'm thrilled to give you a guided tour of this fantastic neighborhood, starting with the wonderful schools that serve our community.
Just down the road from 5701 128 Street, you'll find Colebrook Elementary School, which is within a short 0.69 km stroll from our property with MLS listing R3035427. While it doesn't have a rating, families love this area because of its excellent educational opportunities.
Panorama Ridge Secondary School is also nearby, located 1.61 km from the property, and is another great option for students in this neighborhood.
If you're looking for an independent school option, St. Bernadette Elementary is a close 1.83 km away from 5701 128 Street, with an impressive rating of 8.5/10.
Regent Christian Academy Secondary is another great option, located 5.05 km from the property, with a rating of 8.1/10.
Now, let's talk about safety and crime rates. According to the latest statistics from Statistics Canada (2020), there were 44,976 disturbances in this neighborhood, which translates to an overall crime rate of 7,512.73 per 100,000 population. While this might seem concerning, the rate is actually average compared to other Canadian cities, with a year-over-year decrease of 12.05%.
In terms of specific crime types, the neighborhood surrounding MLS listing R3035427 has an above-average rate of drug-related offenses, with 390.7 incidents per 100,000 population in 2020.
However, property crime rates are relatively average, with 3,746.17 incidents per 100,000 population in 2020.
Violent crime rates are also lower than average, with 1,310.25 incidents per 100,000 population in 2020.
Now, let's dive into the demographics of our wonderful community.
A significant 22.8% of residents in this neighborhood (adjacent to 5701 128 Street) hold a university certificate or degree, which is above average compared to other BC neighborhoods.
On the other hand, 20.4% of the population has no certificate or degree, which is average compared to the BC average.
The median household income in this neighborhood (near 5701 128 Street, Surrey, BC) is $93,440, which is above average compared to the BC average.
The median personal income is $28,265, which is below average compared to the BC average.
A remarkable 62% of households in this census subdivision have a mortgage, which is above average.
Unemployment rates in this area (around MLS listing R3035427) are low, at 5.5%, making it an attractive option for job seekers.
Population growth in this community (Panorama Ridge) was a significant 10.8% between 2011 and 2016, which is higher than the average growth rate in this region.
Population density per square kilometer in this community is 3,144.5, which is above average.
Average family sizes in this area are large, with 3.2 members per family, which is higher than the average.
A remarkable 76.4% of families in this neighborhood have children, and 63.4% are married or living common law, both of which are above average.
The average age of the population in this area is 38.1, which is below average compared to other BC cities.
The average value of dwellings in this neighborhood (around 5701 128 Street, Surrey, BC) is $1,041,187, which is high compared to other areas in British Columbia.
Average owner payments are high in this area, at $1,818 per month, while tenants pay an average of $868 per month, which is below average.
A significant 25.8% of the population in this district are renters, which is average compared to other BC cities and areas.
The majority of residents in this area (87.7%) speak only English, which is below average.
However, a significant 8.8% of residents speak neither English nor French, which is high compared to other BC cities.
In terms of transportation, 88.8% of residents use cars to get around, which is above average.
9.8% of residents use public transportation, which is average, while 0.8% walk, which is low.
I hope this tour of Panorama Ridge has given you a sense of the wonderful community and amenities that come with owning a home at 5701 128 Street, Surrey, BC, MLS listing R3035427.
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