175.64% cheaper than comparables
Incredible opportunity to own a 53’ x 113’ (6,028 sq. ft.) lot with RS-3 zoning, offering excellent flexibility for your next project. This property allows you to build either: A 6,000 sq. ft. duplex – perfect for multi-generational living or income potential, OR A 5,200 sq. ft. single-family home over 3 levels – plenty of room for a custom luxury residence. The lot is flat, usable, and located in a desirable neighborhood close to schools, shopping, parks, and transit. Whether you’re a builder, investor, or family looking to design your forever home, this lot provides a rare chance to maximize value and create something special.
General Info
Property Metrics
Additional Details
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Property History
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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.
Public Schools
Information includes BC Government Open License data; school details change often and are offered solely as general guidance.
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Welcome to 12728 106a Avenue, a stunning property located in the heart of Surrey, BC! As your trusted realtor, I'm excited to take you on a tour of this incredible home and the surrounding community.
Schools
First, let's talk about the schools in the area. Prince Charles Elementary School is just 1.33 km away, and it's rated 3/10. Families love this area because of its convenient location to quality education. Plus, L A Matheson Secondary School is just a short 2.43 km away, offering a range of programs and activities for students.
For families looking for an alternative to public schools, Khalsa School (Surrey) is the closest elementary independent school, located just 0.67 km away. It's a wonderful option for families who value a private education. And for secondary students, Khalsa School (Surrey) is also just 0.67 km away, offering a comprehensive education in a supportive environment.
Crime
When it comes to crime, the statistics are reassuring. According to Statistics Canada's 2020 report, there were 44,976 disturbances in the neighbourhood, resulting in an overall crime rate of 7,512.73. While this may seem high, it's actually Average compared to other Canadian cities. And, year-over-year, the crime rate has decreased by 12.05%, making this a safe and welcoming community.
Demographics
The demographics of the area are fascinating. With 14.3% of the population holding a university certificate or degree, this neighbourhood is above average in terms of educational attainment. However, 25% of the population has no certificate or degree, making it a diverse and inclusive community.
In terms of income, the median household income is $70,016, which is average compared to other BC neighbourhoods. However, the median personal income is $25,659, which is slightly lower. Despite this, the area has a high percentage of households with a mortgage, at 66.8%.
Transit
Getting around is easy in this community. The closest bus station is just 0.16 km away, making it a convenient option for those who prefer public transportation. And, with a relatively low unemployment rate of 7.5%, this area is a great place to find work.
Lifestyle Amenities
This neighbourhood has everything you need to live a happy and healthy lifestyle. With a range of parks, beaches, and trails nearby, you'll never be short on options for outdoor activities. And, with a variety of shopping malls, grocery stores, restaurants, and coffee shops in the area, you'll have everything you need at your fingertips.
Real Estate Context
The real estate market in this area is thriving. With an average dwelling value of $739,487, this neighbourhood is one of the more expensive areas in Surrey. However, the average owner payments are high, at $1,575 per month, making it a great option for those who are willing to invest in their home. And, with a relatively low percentage of renters at 41.7%, this area is a great place to put down roots.
Additional Insights
In terms of population growth, this area has experienced a high rate of growth between 2011 and 2016, at 11.1%. This is one of the highest growth rates in the region, making it a great place to invest in real estate.
With a population density of 3,195.4 people per square kilometre, this area is above average in terms of population density. However, the average family size is 3.1, which is above average. And, with a high percentage of families with children at 71.3%, this area is a great place to raise a family.
In terms of transportation, 21.5% of the population uses public transport, which is above average. However, 75.8% of the population uses cars, which is below average. And, with a relatively low percentage of people using bicycles or walking, this area may not be the best option for those who prefer alternative modes of transportation.
Overall, 12728 106a Avenue is a wonderful property located in a thriving community. With its convenient location, quality schools, and range of lifestyle amenities, this is a great place to call home. If you're looking for a safe, welcoming community with plenty of opportunities for growth and development, look no further than 12728 106a Avenue, Surrey, BC MLS® R3052031.
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