13160 112 Ave, Surrey BC V3T 2S7, Surrey, BC

$1,198,000
Est. Mortgage /mo

MLS® R2799027

Closed

$1,250,000
Closed at 15 Dec 2023
Listing price: $1,198,000
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Go See This Home Now
6 Beds
3 Baths
2 Stories
lot 7405 sqft
2286 sqft
1957 built
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Property details

This exceptional investment opportunity presents a prime property located in the highly sought-after area of Whalley, Surrey. Situated on a generous 7200 sqft corner lot with convenient back alley access. The property currently features a well-maintained structure with 6 bedrooms and 2 full baths, offering multiple rental units generating steady income. Emphasizing its "mainly lot value" characteristic, this property holds promising prospects for savvy investors seeking to capitalize on the ever-growing demand in the Whalley neighborhood. 3 Bedroom Upstairs $2,500.00, Bachelor Suite $800.00 Downstairs, 3 bed $1,600.00.

General Info

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Property History

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Status Date Price

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

Elementary
K B Woodward Elementary School
Average
1.23 km
Rating 5.5/10
Secondary
Kwantlen Park Secondary School
1.52 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)
2.05 km
No Rating
Elementary, Secondary
Khalsa School (Surrey)
2.05 km
No Rating

Closest Transit

Translink
Northbound King George Blvd @ Bolivar Rd
0.33 km

13160 112 Avenue, Surrey BC V3T 2S7 is serviced by K B Woodward Elementary School. The property with listing MLS® R2799027 is located 1.23 km from the school. K B Woodward Elementary School has a rating of Rating 5.5/10.

This home with address 13160 112 Avenue, Surrey BC V3T 2S7, Surrey, BC is also serviced by Kwantlen Park Secondary School and located 1.52 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 13160 112 Avenue, Surrey BC V3T 2S7 is Khalsa School (Surrey) with School's rating No Rating, located 2.05 km from this home.

The closest to this address 13160 112 Avenue, Surrey BC V3T 2S7 Secondary independent school is Khalsa School (Surrey) with School's rating No Rating, located 2.05 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 - 13160 112 Avenue, Surrey BC V3T 2S7, 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® R2799027 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 13160 112 Avenue, Surrey BC V3T 2S7 are Average. Property misconduct rating adjacent to MLS® R2799027 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 King George Blvd @ Bolivar Rd in 0.33 km away from this listing with - MLS® R2799027.

15.4% of people with university certificate/degree live in this neighbourhood adjacent to the 13160 112 Avenue, Surrey BC V3T 2S7 which is Average in comparison with other BC neighbourhoods. 25.1% of population in this neighbourhood that is near the Listing MLS® R2799027 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 13160 112 Avenue, Surrey BC V3T 2S7, Surrey, BC is $71387 which is Average in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® R2799027 is $25065 which is Low in comparison with the BC average. % of the Households with a mortgage in this census subdivision is 69% which is Above Average.

Unemployment rate in the area around Real Estate Listing # R2799027 is 6.6 which is Below Average in comparison to the other province neighbourhoods.

This real estate is located in 13160 112 Avenue, Surrey BC V3T 2S7 where population change between 2011 and 2016 was 5.2%. This is Above Average in comparison to average growth rate of this region.

Population density per square kilometre in this community near the address 13160 112 Avenue, Surrey BC V3T 2S7, Surrey, BC is 2866.3 which is Above Average people per sq.km.

Average size of families in the area adjacent to home for sale 13160 112 Avenue, Surrey BC V3T 2S7 is 3.1. This is Above Average number in comparison to the whole region. Percent of families with children near by the Real Estate Listing - MLS® R2799027 is 73.9% and it is High. % of Married or living common law is around 54.5% and it is Below Average.

Average age of the population close to the 13160 112 Avenue, Surrey BC V3T 2S7 is 38.2 . This percentage is Below Average in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 13160 112 Avenue, Surrey BC V3T 2S7, Surrey, BC is $841313 and this is High comparing to other areas in British Columbia

Average Owner payments are High in the area adjacent to 13160 112 Avenue, Surrey BC V3T 2S7. $1684 owners spent in average for the dwelling. Tenants are paying $995 in this district close to MLS® R2799027 and it is Average comparing to other cities.

43.5% of Population in this district near the 13160 112 Avenue, Surrey BC V3T 2S7 are Renters and it is Above Average comparing to other BC cities and areas.

% of English and French speakers around real estate listing 13160 112 Avenue, Surrey BC V3T 2S7, Surrey, BC is 3.9%, it is Low, % of English speakers only is 88.4% and Below Average. % of French speakers adjacent to 13160 112 Avenue, Surrey BC V3T 2S7 only is 0.1% and it is Below Average. % of Neither English nor French speakers close to home for sale 13160 112 Avenue, Surrey BC V3T 2S7, Surrey, BC is 7.5% and it is High comparing to other BC cities.

26.6% of all population in the area around this property with the address 13160 112 Avenue, Surrey BC V3T 2S7, Surrey, BC using Public Transport which is High, 69.7% of using population are using Cars around MLS® R2799027, which is Below Average. 0.5% of people using Bicycles around the 13160 112 Avenue, Surrey BC V3T 2S7 and it is Low. 2.5% of population are walking which is Below 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 $1,198,000
Surrey $1,450,031
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!
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