Well-Maintained 4-Bedroom Home on Expansive 17,500 Sq Ft Lot – Suite & Development Potential! This spacious 1,950 sq ft 4-bedroom, 2-bathroom home sits on a massive 17,500 sq ft lot, offering privacy and endless possibilities. Tucked away from the main road, the property is ideal for families or investors. There's potential to add a basement suite for extra income — or building up to a 3-plex. Conveniently located within walking distance to elementary and secondary schools, Superstore, Costco, Save-On-Foods, Canadian Tire, FreshCo, and Bear Creek Park. A rare opportunity in a prime location with both lifestyle and investment upside!
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Property History
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Status | Date | Price |
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Rooms
Floor | Type | Dimensions |
---|---|---|
Main Level | Living Room | 12'10 x 12'10 ft |
Main Level | Dining Room | 9'2 x 9'2 ft |
Main Level | Eating Area | 7'11 x 7'11 ft |
Main Level | Kitchen | 7'6 x 7'6 ft |
Main Level | Primary Bedroom | 12'2 x 12'2 ft |
Main Level | Bedroom | 8'10 x 8'10 ft |
Main Level | Bedroom | 8'8 x 8'8 ft |
Below | Bedroom | 9'8 x 9'8 ft |
Below | Family Room | 15'1 x 15'1 ft |
Below | Dining Room | 12'8 x 12'8 ft |
Below | Laundry | 9'4 x 9'4 ft |
Bathrooms
Floor | Ensuite | Pieces |
---|---|---|
Main Level | Yes | #4 |
Main Level | No | #2 |
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.
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Closest Transit
Welcome to 7763 140 Street in the vibrant community of Surrey, BC, where I'm thrilled to introduce you to this incredible home with MLS listing R2987637. As a seasoned realtor with over a decade of experience, I'm excited to guide you through the features and benefits of this fantastic property.
Let's start with the schools, a top priority for many families. The property is serviced by the highly-rated Bear Creek Elementary School, just 0.63 km away. With a rating of 3.7/10, this school is a great choice for families who value a strong education. Just down the road, you'll also find Frank Hurt Secondary School, located 0.2 km from the property, with a rating of No Rating. Meanwhile, for those interested in independent schools, the nearby G.A.D. Elementary School boasts a rating of 7.9/10 and is just 0.97 km away. For secondary independent education, Regent Christian Academy is a great option, rated 8.1/10 and located 3.3 km from the property.
Now, let's talk about safety. According to the latest crime data from Statistics Canada (2020), this neighborhood has an overall crime rate of 7,512.73, which is considered Average compared to other Canadian cities. While there were 44,976 reported disturbances in the area, the crime rate has decreased by 12.05% year-over-year, indicating a trend of decreasing crime in the community. In terms of specific types of crime, the neighborhood has an Above Average rate of drug-related offenses, with 390.7 incidents per 100,000 population. In contrast, property crimes are considered Average, with 3,746.17 incidents per 100,000 population. Violent crimes are also Below Average, with 1,310.25 incidents per 100,000 population.
As we explore this charming neighborhood, you'll find that it's well-connected to public transportation. The closest bus station, Northbound 140 St @ 77A Ave, is just 0.08 km away from the property with MLS listing R2987637.
Now, let's dive into the demographics of this community. According to the latest data, 14.4% of the population holds a university certificate or degree, which is Below Average compared to other BC neighborhoods. However, 23.2% of the population has no certificate or degree, which is Above Average. In terms of income, the median household income is $59,536, which is Below Average compared to the British Columbia average. Meanwhile, the median personal income is $28,160, also Below Average. However, the percentage of households with a mortgage is 68.2%, which is Above Average.
Unemployment rates in the area are Average, at 8.2%. In terms of population growth, the community has seen an Above Average growth rate of 5.9% between 2011 and 2016. The population density per square kilometer is 3,030.3, which is Above Average. Family sizes in the area are also Above Average, with an average of 3 people per household. Moreover, 68.4% of families in the area have children, which is Above Average.
In terms of transportation, 21.3% of the population uses public transport, which is Above Average. However, 73.5% of the population uses cars, which is Below Average. Only 0.3% of the population uses bicycles, which is Low. Walking is an average mode of transportation, with 3.5% of the population using it.
As a homeowner in this community, you'll enjoy the benefits of being close to a variety of amenities, including parks, beaches, trails, dog parks, shopping malls, grocery stores, restaurants, and coffee shops. The average value of dwellings in the area is $271,411, which is Below Average compared to other areas in British Columbia. However, average owner payments are Below Average, at $1,080. Tenants, on the other hand, pay an Above Average $1,132.
As you can see, this charming community offers a unique blend of safety, convenience, and amenities. If you're looking for a place to call home, I highly recommend considering 7763 140 Street in Surrey, BC, with MLS listing R2987637. Contact me today to schedule a viewing and make this property your dream home!
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