12841 98 AVE, Surrey BC V3T 1B1, Surrey, BC

$1,499,000
Est. Mortgage /mo

MLS® R3009598

$1,499,000
Est. Mortgage /mo
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Go See This Home Now
7 Beds
4 Baths
2 Stories
lot 8835 sqft
2425 sqft
1956 built
Show more info
Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

Property details

Investors/builders - ALERT!!! House on 8,835 sqft lot in a prime Surrey location with huge development potential—ideal for a 4-PLEX or 6-PLEX (verify with City of Surrey). The existing home includes 3 beds/2 baths upstairs, plus (3+1)-bed suites with an additional room perfect for an office or extra rental space downstairs. Property is located in a high walk score and high transit score area, with frequent bus service nearby. Perfect opportunity for investors or developers looking for strong holding income and future redevelopment upside.Very good location close to school, shopping and transportation. Call today to book a showing! ***Potential to generate up to $6,500/month in rental income***

General Info

Price $1,499,000
Total Bedrooms 7
Total Bathrooms 4
Half Bathrooms 0
Floor Area Total (sqft) 2425
Lot Size 8835
Lot Size Depth Feet
Lot Size Frontage 60
Basement Finished, Exterior Entry
Basement Features BasementFeatures

Property Metrics

Year Built 1956
Age Of Building 69
Building Type Single Family Residence
Property Type Residential
Stories 2
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS # R3009598
Area North Surrey
Neighbourhood Cedar Hills
City Surrey
Gross Taxes $6,126.1
Ownership Type Freehold NonStrata
Maintenance Fee -
Community Features Shopping Nearby

Heating & Cooling

Fireplace 0
Heating Type Forced Air, Natural Gas

Utilities

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

Parking

Parking Type Open, RV Access/Parking, Front Access, Driveway
Total Parking Spaces 6

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Strata Restrictions -
Rental Restrictions -
Zoning R3
Rental Suites Other,Unauthorized Suite
# of Kitchens 3
Flooring Mixed
Foundation Concrete Perimeter
Locker -
View -
View Description -
Units In Development -
Exterior Features Private Yard
Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Roof Asphalt

Property History

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Status Date Price
Active - $1,499,000
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Listed by: Nationwide Realty Corp.

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
A H P Matthew Elementary School
Average
0.97 km
Rating 6/10
Secondary
Queen Elizabeth Secondary School
1.63 km
No Rating

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, Secondary
Khalsa School (Surrey)
1.73 km
No Rating
Elementary, Secondary
Khalsa School (Surrey)
1.73 km
No Rating

Closest Transit

Translink
Northbound 128 St @ 98 Ave
0.12 km

12841 98 AVENUE, Surrey BC V3T 1B1 is serviced by A H P Matthew Elementary School. The property with listing MLS® R3009598 is located 0.97 km from the school. A H P Matthew Elementary School has a rating of Rating 6/10.

This home with address 12841 98 AVENUE, Surrey BC V3T 1B1, Surrey, BC is also serviced by Queen Elizabeth Secondary School and located 1.63 km from it. Queen Elizabeth Secondary School has a rating of No Rating.

The closest Elementary independent school to this home for sale located at 12841 98 AVENUE, Surrey BC V3T 1B1 is Khalsa School (Surrey) with School's rating No Rating, located 1.73 km from this home.

The closest to this address 12841 98 AVENUE, Surrey BC V3T 1B1 Secondary independent school is Khalsa School (Surrey) with School's rating No Rating, located 1.73 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 - 12841 98 AVENUE, Surrey BC V3T 1B1, 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® R3009598 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 12841 98 AVENUE, Surrey BC V3T 1B1 are Average. Property misconduct rating adjacent to MLS® R3009598 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 128 St @ 98 Ave in 0.12 km away from this listing with - MLS® R3009598.

15.7% of people with university certificate/degree live in this neighbourhood adjacent to the 12841 98 AVENUE, Surrey BC V3T 1B1 which is Average in comparison with other BC neighbourhoods. 24.3% of population in this neighbourhood that is near the Listing MLS® R3009598 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 12841 98 AVENUE, Surrey BC V3T 1B1, Surrey, BC is $71680 which is Average in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® R3009598 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 # R3009598 is 5.6 which is Low in comparison to the other province neighbourhoods.

This real estate is located in 12841 98 AVENUE, Surrey BC V3T 1B1 Cedar Hills 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 12841 98 AVENUE, Surrey BC V3T 1B1, Surrey, BC is 4259.4 which is High people per sq.km.

Average size of families in the area adjacent to home for sale 12841 98 AVENUE, Surrey BC V3T 1B1 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® R3009598 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 12841 98 AVENUE, Surrey BC V3T 1B1 is 37.4 . This percentage is Low in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 12841 98 AVENUE, Surrey BC V3T 1B1, 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 12841 98 AVENUE, Surrey BC V3T 1B1. $1671 owners spent in average for the dwelling. Tenants are paying $1015 in this district close to MLS® R3009598 and it is Average comparing to other cities.

41% of Population in this district near the 12841 98 AVENUE, Surrey BC V3T 1B1 are Renters and it is Above Average comparing to other BC cities and areas.

% of English and French speakers around real estate listing 12841 98 AVENUE, Surrey BC V3T 1B1, Surrey, BC is 3.4%, it is Low, % of English speakers only is 87.4% and Below Average. % of French speakers adjacent to 12841 98 AVENUE, Surrey BC V3T 1B1 only is 0.3% and it is Average. % of Neither English nor French speakers close to home for sale 12841 98 AVENUE, Surrey BC V3T 1B1, 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 12841 98 AVENUE, Surrey BC V3T 1B1, Surrey, BC using Public Transport which is Above Average, 73.1% of using population are using Cars around MLS® R3009598, which is Below Average. 0.4% of people using Bicycles around the 12841 98 AVENUE, Surrey BC V3T 1B1 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
All calculations are estimates and provided by Estateblock.com for informational purposes only. Actual amounts may vary.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Estateblock.com from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates. Insurance rates are very approximate and for informational purposes only.

Cash Flow Analysis

/month
Mortgage Payment $3201
Monthly Payment $3802
Break Even Down Payment 0%
All calculations are estimates and provided by Estateblock.com for informational purposes only. Actual amounts may vary.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Estateblock.com from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates. Insurance rates are very approximate and for informational purposes only.

Price Evaluation Chart

Filter
Beds Home Types Square Feet Lot Size Year Built
This Home $1,499,000
Surrey $1,499,500
Cedar Hills $1,499,500
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
778-918-5990
Call or Text Now!
Thank you Your message has been sent

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