Prime Development Property located in one of Surrey’s most established industrial districts, Bridgeview. Excellent location for Industrial, Retail, Distribution centre and much more. Nearby access to Skytrain and major arterial and transportation networks. Surrey will continue to be the heart of Metro Vancouver’s growing population base and business community. IB Zoning allows for multiple uses such as Warehouse Operations, Offices, Assembly Halls, Child Care Centre etc.
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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.
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Welcome to our lovely community in Surrey, BC, where you'll find the perfect blend of convenience, amenities, and natural beauty. Let me take you on a guided tour of the neighborhood surrounding 12456 Old Yale Road, Surrey, BC, and the highlights of this fantastic property with MLS® R3023492.
As we walk through the neighborhood, you'll notice that this home is serviced by Prince Charles Elementary School, which is just a 1.37 km walk away. Prince Charles Elementary has a rating of 3/10, making it a great option for families. Just down the road, you'll also find L A Matheson Secondary School, with a rating of No Rating, located 2.42 km from this home.
If you're looking for an alternative to public schools, you'll find that Khalsa School (Surrey) is the closest Elementary independent school to this home. With a rating of No Rating, it's a great option for families who prefer a different educational setting. Khalsa School (Surrey) is just a 0.33 km walk from this property.
Now, let's talk about safety. According to Statistics Canada's 2020 report, the neighborhood surrounding 12456 Old Yale Road, Surrey, BC has an average crime rate of 7,512.73 incidents per 100,000 population. This is average compared to other Canadian cities. However, it's worth noting that the drug crime rate is above average, with a rating of 390.7 and 2,339 incidents in 2020. The year-over-year change in the illegal substances offences ranking is 16.32%.
In terms of property crimes, the neighborhood is average, with a rating of 3,746.17 and 22,427 incidents in 2020. The year-over-year change in the property misconduct rate is -16.98%. On the other hand, the violent crime rate is below average, with a rating of 1,310.25 and 7,844 incidents in 2020. The year-over-year change in the violent crime rate is -11.37%.
Now, let's talk about transportation. The closest bus station is Northbound Scott Rd @ Old Yale Rd, which is just 0.47 km away from this property with MLS® R3023492. You'll also have easy access to major highways and commuter routes, making it easy to get around the city.
The demographics of the neighborhood are also worth noting. According to the data, 11.7% of people in the neighborhood have a university certificate or degree, which is below average compared to other BC neighborhoods. On the other hand, 25% of the population has no certificate or degree, which is above average.
In terms of income, the median household income in the neighborhood is $66,645, which is average compared to other BC neighborhoods. However, the median personal income is $26,016, which is low compared to the BC average. The percentage of households with a mortgage is 61.8%, which is above average.
Unemployment rate in the area is 6.7%, which is below average compared to other province neighborhoods. Population change between 2011 and 2016 was 1.2%, which is average compared to average growth rate of this region.
The population density per square kilometer is 425.2, which is average. Average size of families in the area is 3, which is above average. Percent of families with children is 69.2%, which is high. % of Married or living common law is around 50.4%, which is below average.
Average age of the population is 39.4, which is below average compared to other BC cities. Average value of dwellings in the neighborhood is $664,735, which is high compared to other areas in British Columbia. Average owner payments are above average in the area, with an average of $1,357 per month.
On average, 36.1% of the population in the area are renters, which is above average compared to other BC cities and areas. % of English and French speakers in the area is 4.3%, which is below average. % of English speakers only is 91.5%, which is average. % of French speakers only is 0.1%, which is below average. % of Neither English nor French speakers is 4.1%, which is high.
When it comes to transportation, 20.5% of the population in the area use public transport, which is above average. 76.2% of the population use cars, which is below average. 1.1% of people use bicycles, which is average. 1.6% of the population walk, which is low.
In summary, 12456 Old Yale Road, Surrey, BC, is a fantastic neighborhood with a mix
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