8785 158 St, Surrey, BC, MLS® R3060471

$2,100,000
Est. Mortgage /mo

NEW

$2,100,000
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
8 Beds
7 Baths
2 Stories
lot 10124 sqft
6968 sqft
1985 built
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Map
Street view
Schools
Crime
Commute
Shop & Eat

8785 158 St, Surrey, BC | MLS® R3060471 Property Details

Opportunity to acquire a 10,124 SF corner lot improved with exceptionally built duplex homes totaling approximately 7,000 SF in the heart of Fleetwood. Constructed with a durable metal frame and roof, this solid property offers strong rental income and excellent long-term value. Designated low rise residential within the Fleetwood Plan and located in Tier 3 of the Transit-Oriented Area (TOA), the site provides significant future redevelopment potential near the upcoming SkyTrain extension. An ideal holding property with immediate income and long-term upside in one of Surrey's fastest-growing communities.

General Info

Price $2,100,000
Total Bedrooms 8
Total Bathrooms 5
Half Bathrooms 2
Floor Area Total (sqft) 6968
Lot Size 10124
Lot Size Depth Feet
Lot Size Frontage 84
Basement Unfinished
Basement Features BasementFeatures

Property Metrics

Year Built 1985
Age Of Building 40
Building Type Single Family Residence
Property Type Residential
Architecture Style Split Entry
Stories 2
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS® # R3060471
Area Surrey
Neighbourhood Fleetwood Tynehead
City Surrey
Gross Taxes $6,309.04
Ownership Type Freehold NonStrata
Maintenance Fee -

Heating & Cooling

Fireplace 0
Heating Type Forced Air

Utilities

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

Parking

Total Parking Spaces -

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Strata Restrictions -
Rental Restrictions -
Zoning R3
Rental Suites Other
# of Kitchens 2
Foundation Concrete Perimeter
Locker -
View -
View Description -
Units In Development -
Exterior Features No Outdoor Area
Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Roof Metal

Property History

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Status Date Price
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Listed by: Macdonald Commercial Real Estate Services Ltd. & Macdonald Commercial Real Estate Services Ltd.

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

Secondary
North Surrey Secondary School
1.8 km
Elementary
Woodland Park Elementary School
Above Average
0.52 km
7/10

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

Private Schools

Elementary
St.Matthew's Elementary School
0.66 km
Secondary
Holy Cross Regional High School
0.81 km

Closest Transit

Translink
Westbound 88 Ave @ 158 St
0.05 km
Skytrain
Skytrain @ Fleetwood Station ( Under Construction till 2029)
0.77 km

Noise/ Power Lines

Road/Hwy Noise
Possible
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 8785 158 Street, a beautiful neighborhood in Surrey, BC

As we walk through the charming streets of Fleetwood Tynehead, you'll notice the warm and inviting atmosphere that makes this community a perfect place to call home. Located at 8785 158 Street, this property is part of a thriving neighborhood that offers a great balance of amenities and lifestyle.

Education

Families love this area because of its excellent schools. Woodland Park Elementary School, located just a 0.52 km stroll from this property, boasts a rating of 7/10. The school's commitment to providing a supportive learning environment makes it a top choice for local families. Additionally, North Surrey Secondary School is just a 1.8 km walk away, and St. Matthew's Elementary School, an independent school with a rating of 7.3/10, is conveniently located 0.66 km from this home.

Crime

According to the latest crime data from Statistics Canada (2020), the neighborhood surrounding 8785 158 Street has an average crime rate of 7,512.73, which is comparable to other Canadian cities. However, it's worth noting that the year-by-year change in the total crime rate is a notable -12.05%. This suggests a downward trend in crime rates, making the area a safe and desirable place to live.

Demographics

The demographics of this neighborhood are diverse and appealing. With 29.9% of the population holding a university certificate or degree, this area is above average compared to other BC neighborhoods. Additionally, the median household income is $81,338, which is also above average in comparison to the British Columbia average. The average age of the population is 35.9, making it a great place for families and young professionals.

Transit

Convenience is key when it comes to transportation. The Westbound 88 Ave @ 158 St bus station is just 0.05 km away from this property, making it easy to get around the city without a car.

Lifestyle Amenities

This neighborhood offers a wide range of lifestyle amenities, including parks, beaches, and trails. The average value of dwellings in this area is $459,308, which is above average compared to other areas in British Columbia. The average owner payments are also above average, with owners spending an average of $1,493 per month on their dwellings. Tenants, on the other hand, pay an average of $1,254 per month, which is also above average.

Real Estate Context

As a sought-after neighborhood in Surrey, BC, 8785 158 Street is a great investment opportunity. With a population growth rate of 35.3% between 2011 and 2016, this area is experiencing steady growth and development. The average size of families in this area is 3.1, which is above average compared to the whole region. The percentage of families with children is also high at 74.2%, making it an ideal place for families.

Additional Details

  • Unemployment rate: 6.3% (below average compared to other province neighborhoods)
  • Population density: 4,746 people per square kilometer (high)
  • Average age: 35.9 (low compared to other BC cities)
  • Language: 90.7% of residents speak only English, while 5% speak neither English nor French (high)
  • Transportation: 20.9% of residents use public transport, 75.9% use cars, and 2.7% walk (above average for public transport, below average for cars and walking)

This property, listed as MLS® R3060471, is a fantastic opportunity to own a piece of this vibrant neighborhood. Whether you're a first-time buyer, a growing family, or a seasoned investor, 8785 158 Street has something to offer. Contact me today to schedule a viewing and make this property your dream home!

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 $2,100,000
Surrey No comparables
Fleetwood Tynehead No comparables
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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