10240 Michel Pl, Surrey BC V3T 3R2, Surrey, BC

$1,999,000
Est. Mortgage /mo

MLS® R2818759

Closed

$1,950,000
Closed at 19 Mar 2024
Listing price: $1,999,000
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Go See This Home Now
6 Beds
2 Baths
1 Stories
lot 19602 Square Feet
2200 sqft
1977 built
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Property details

Fantastic investment/development opportunity: an actual duplex(10240-10242 Michel Pl.) on a site of nearly 20,000 sqft located in the rapidly growing metropolis core center of Surrey. The house was considerably remolded in 2017, with new fence installed around the property. It's up to your option: Buy it today to hold with considerable rental cash flow, or develop with the neighbors. The scarce of big developable land lots in Surrey City Center makes this property the dream of almost every investor and developer. Act today today to secure it.

Location Details

Area Canada
State British Columbia
City Surrey
Postal Code V3T 3R2

Property Metrics

Total Bedrooms 6
Full Baths 2
Stories 1
Floor Area Total (Sq.ft) 2200

Financial Details

List Price 1,999,000
Gross taxes 6,049
Gross Taxes Year 2,023

Listed by:

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
Kwantlen Park Secondary School
Above Average
0.41 km
No Rating
Elementary
Old Yale Road Elementary School
Above Average
0.23 km
Rating 4.9/10

Part of this information is provided by the Province of British Columbia under the Open Government License for Government of BC Information v.BC1.0. School boundaries and other statistics changes frequently and is for general informational purposes only. You should not use such information in determining the legal eligibility to attend any particular school.

Private Schools

Elementary
Our Lady of Good Counsel
Above Average
1.6 km
Rating 9.7/10
Elementary
Our Lady of Good Counsel
Above Average
1.6 km
Rating 9.7/10

Closest Transit

Translink
Northbound 132 St @ Old Yale Rd
0.15 km

10240 Michel Place, Surrey BC V3T 3R2 is serviced by Old Yale Road Elementary School. The property with listing MLS® R2818759 is located 0.23 km from the school. Old Yale Road Elementary School has a rating of Rating 4.9/10.

This home with address 10240 Michel Place, Surrey BC V3T 3R2, Surrey, BC is also serviced by Kwantlen Park Secondary School and located 0.41 km from it. Kwantlen Park Secondary School has a rating of No Rating.

The closest Elementary independent school to this home for sale located at 10240 Michel Place, Surrey BC V3T 3R2 is Our Lady of Good Counsel with School's rating Rating 9.7/10, located 1.6 km from this home.

The closest to this address 10240 Michel Place, Surrey BC V3T 3R2 Secondary independent school is Our Lady of Good Counsel with School's rating Rating 9.7/10, located 1.6 km from this home

The freshest crime data from Statistics Canada are from 2020. There were 44,976 volation disturbances in this neighbourhood. The overall crime rate near the address - 10240 Michel Place, Surrey BC V3T 3R2, Surrey, BC is 7,512.73. Rate is the amount of incidents per 100,000 population. Comparing to other Canadian cities it has Average rate in 2020. Year by year change in the total crime rate is -12.05%

Drug crime rate next to the listing MLS® R2818759 is Above Average comparing to other neighbourhoods. The illegal substances offences rating is 390.7. There were 2,339 illegal substances lawbreaking disturbances in this city in 2020 . Year by year change in the illegal substances offences ranking is 16.32%

Property crimes in the neighbourhood close to real estate listing for sale 10240 Michel Place, Surrey BC V3T 3R2 are Average. Property misconduct rating adjacent to MLS® R2818759 is 3,746.17. There were 22,427 in the neighbourhood in 2020. Year by year change in the property misconduct rate is -16.98%

There were 7,844 violent lawbreaking disorders in 2020. 1,310.25 and it is Below Average rate comparing to other BC municipalities. Year by year change in the violent crime rate is -11.37%

The closest Bus station is Northbound 132 St @ Old Yale Rd in 0.15 km away from this listing with - MLS® R2818759.

15.7% of people with university certificate/degree live in this neighbourhood adjacent to the 10240 Michel Place, Surrey BC V3T 3R2 which is Average in comparison with other BC neighbourhoods. 24.3% of population in this neighbourhood that is near the Listing MLS® R2818759 have no certificate or degree. This number is Above Average compared to the average in BC.

Median Household Income near this dwelling with the address 10240 Michel Place, Surrey BC V3T 3R2, Surrey, BC is $71680 which is Average in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® R2818759 is $24944 which is Low in comparison with the BC average. % of the Households with a mortgage in this census subdivision is 71.6% which is High.

Unemployment rate in the area around Real Estate Listing # R2818759 is 5.6 which is Low in comparison to the other province neighbourhoods.

This real estate is located in 10240 Michel Place, Surrey BC V3T 3R2 where population change between 2011 and 2016 was 4.5%. This is Above Average in comparison to average growth rate of this region.

Population density per square kilometre in this community near the address 10240 Michel Place, Surrey BC V3T 3R2, Surrey, BC is 4259.4 which is High people per sq.km.

Average size of families in the area adjacent to home for sale 10240 Michel Place, Surrey BC V3T 3R2 is 3.2. This is High number in comparison to the whole region. Percent of families with children near by the Real Estate Listing - MLS® R2818759 is 74% and it is High. % of Married or living common law is around 56.7% and it is Average.

Average age of the population close to the 10240 Michel Place, Surrey BC V3T 3R2 is 37.4 . This percentage is Low in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 10240 Michel Place, Surrey BC V3T 3R2, Surrey, BC is $760554 and this is High comparing to other areas in British Columbia

Average Owner payments are High in the area adjacent to 10240 Michel Place, Surrey BC V3T 3R2. $1671 owners spent in average for the dwelling. Tenants are paying $1015 in this district close to MLS® R2818759 and it is Average comparing to other cities.

41% of Population in this district near the 10240 Michel Place, Surrey BC V3T 3R2 are Renters and it is Above Average comparing to other BC cities and areas.

% of English and French speakers around real estate listing 10240 Michel Place, Surrey BC V3T 3R2, Surrey, BC is 3.4%, it is Low, % of English speakers only is 87.4% and Below Average. % of French speakers adjacent to 10240 Michel Place, Surrey BC V3T 3R2 only is 0.3% and it is Average. % of Neither English nor French speakers close to home for sale 10240 Michel Place, Surrey BC V3T 3R2, Surrey, BC is 9% and it is High comparing to other BC cities.

23% of all population in the area around this property with the address 10240 Michel Place, Surrey BC V3T 3R2, Surrey, BC using Public Transport which is Above Average, 73.1% of using population are using Cars around MLS® R2818759, which is Below Average. 0.4% of people using Bicycles around the 10240 Michel Place, Surrey BC V3T 3R2 and it is Low. 3.7% of population are walking which is Average

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Local Info

Calculate your monthly mortgage payments

/month
Principal & Interest
Property Taxes $202
Maintenance fee 0

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
778-918-5990
Call or Text Now!
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