7857 140 St, Surrey, BC, MLS® R2963575

$1,399,000
Est. Mortgage /mo

5.2% price reduce

$1,399,000
$1,475,000
Est. Mortgage /mo
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
Go See This Home Now
5 Beds
3 Baths
2 Stories
lot 12660 sqft
2200 sqft
1977 built
Show more info
Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

7857 140 St, Surrey, BC | MLS® R2963575 Property Details

5.2% price reduce

This stunning 5-bedroom home with 2 bed room suite that sits on a massive, flat 12,600+ sqft lot, offering endless potential. Nestled next to Bear Creek and surrounded by beautiful rain trees, the property features an incredible landscape and tons of space. Ideally located in the heart of Surrey, it's just a short walk to temples on 140th, Newton Exchange, Superstore, and Bear Creek Elementary. With ample parking and room for expansion, this is a must-see for any serious buyer or investor. Don't miss out

General Info

Price $1,399,000
Total Bedrooms 5
Total Bathrooms 2
Half Bathrooms 1
Floor Area Total (sqft) 2200
Lot Size 12660
Lot Size Depth Feet
Lot Size Frontage 73.6
Basement Full, Finished, Exterior Entry
Basement Features BasementFeatures

Property Metrics

Year Built 1977
Age Of Building 48
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® # R2963575
Area Surrey
Neighbourhood East Newton
City Surrey
Gross Taxes $5,810.47
Ownership Type Freehold NonStrata
Maintenance Fee -
Community Features Retirement Community, Shopping Nearby

Heating & Cooling

Fireplace 2
Heating Type Baseboard, Forced Air, Natural Gas

Utilities

Utility Type Electricity Connected
Utility Sewer Public Sewer
Water (WaterSource) Public

Parking

Parking Type Additional Parking, Front Access
Total Parking Spaces 6

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Strata Restrictions -
Rental Restrictions -
Zoning SFR/R3
Rental Suites -
# of Kitchens 2
Flooring Laminate, Tile
Foundation Concrete Perimeter
Interior Features Pantry
Locker -
View Description -
Units In Development -
Exterior Features Balcony, Private Yard
Sewer Public Sewer
Roof Asphalt

Property History

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Status Date Price
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Listed by: RE/MAX Bozz Realty

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
Bear Creek Elementary School
Below Average
0.51 km
3.7/10
Secondary
Frank Hurt Secondary School
0.39 km

Information includes BC Government Open License data; school details change often and are offered solely as general guidance.

Private Schools

Elementary
G.A.D. Elementary School
1.03 km
Elementary, Secondary
Regent Christian Academy
3.44 km

Closest Transit

Translink
Southbound 140 St @ 78A Ave
0.08 km
Skytrain
Skytrain @ 152 St Station ( Under Construction till 2029)
3.33 km

Noise/ Power Lines

Road/Hwy Noise
Unlikely
Railway/Sky train Noise
Unlikely
Airport/Port Noise
Unlikely
Close to major Power Lines
Unlikely

Other

Agricultural Land Reserve (ALR)
Unlikely
Flood Area
Unlikely
Close to Cemeteries
Unlikely

Welcome to 7857 140 Street, a charming property in the heart of Surrey, BC, listed as MLS® R2963575. As we walk through this beautiful community, you'll discover all the reasons why families love living here.

Just down the road, you'll find Bear Creek Elementary School, a highly-rated institution with a 3.7/10 rating, located just 0.51 km from our property. This school is a great option for families, providing a solid foundation for their children's education. Frank Hurt Secondary School, another excellent choice, is also nearby, with a rating of No Rating, and located just 0.39 km from our property.

If you're looking for private school options, the closest Elementary independent school to 7857 140 Street is G.A.D. Elementary School, with a stellar rating of 7.9/10, and located just 1.03 km from our property. For Secondary independent school options, Regent Christian Academy is a great choice, with a rating of 8.1/10, and located 3.44 km from our property.

Now, let's talk about safety. According to the latest crime statistics from Statistics Canada (2020), this neighborhood has an overall crime rate of 7,512.73, which is Average compared to other Canadian cities. To put this into perspective, there were 44,976 reported disturbances in this neighborhood, and the crime rate has decreased by 12.05% year-over-year.

In terms of specific crime types, the drug crime rate in this neighborhood is Above Average, with a rating of 390.7, and 2,339 reported incidents in 2020. The year-over-year change in the illegal substances offenses ranking is 16.32%. Property crimes in this neighborhood are Average, with a rating of 3,746.17, and 22,427 reported incidents in 2020. The year-over-year change in the property misconduct rate is -16.98%. Violent crime rates are also relatively low, with a rating of 1,310.25, and 7,844 reported incidents in 2020.

Now, let's explore the lifestyle and amenities in this neighborhood. The closest Bus station is Southbound 140 St @ 78A Ave, just 0.08 km away from our property. This is a convenient option for those who rely on public transportation.

In terms of demographics, 14.4% of people in this neighborhood have a university certificate or degree, which is Below Average compared to other BC neighborhoods. However, 23.2% of the population has no certificate or degree, which is Above Average.

The median household income in this neighborhood is $59,536, which is Below Average compared to the British Columbia average. However, the median personal income is $28,160, which is also Below Average. On a more positive note, 68.2% of households in this neighborhood have a mortgage, which is Above Average.

Unemployment rates in this area are Average, with a rate of 8.2%, compared to other province neighborhoods.

This neighborhood is experiencing Above Average growth, with a population change of 5.9% between 2011 and 2016. The population density per square kilometer is 3,030.3, which is Above Average.

In terms of family dynamics, the average size of families in this neighborhood is 3, which is Above Average. 68.4% of families in this neighborhood have children, which is also Above Average. However, 53.4% of residents are married or living common law, which is Below Average.

The average age of the population in this neighborhood is 41.3, which is Average compared to other BC cities. The average value of dwellings in this neighborhood is $271,411, which is Below Average compared to other areas in British Columbia.

In terms of housing costs, the average owner payments are Below Average, with owners spending an average of $1,080 per month. Tenants, on the other hand, are paying an average of $1,132 per month, which is Above Average.

Finally, 28.3% of the population in this neighborhood are renters, which is Above Average compared to other BC cities and areas.

I hope this gives you a better understanding of the 7857 140 Street neighborhood in Surrey, BC, listed as MLS® R2963575. This is a great community for families, with plenty of amenities and a strong sense of community.

Local Info

Calculate your monthly mortgage payments

/month
Principal & Interest
Property Taxes $202
Maintenance fee 0
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Cash Flow Analysis

/month
Mortgage Payment $3201
Monthly Payment $3802
Break Even Down Payment 0%
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Price Evaluation Chart

Filter
Beds Home Types Square Feet Lot Size Year Built
This Home $1,399,000
Surrey $1,513,833
East Newton $1,149,000
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
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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