NEW
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.
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Property History
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| Status | Date | Price |
|---|
Rooms
| Floor | Type | Dimensions |
|---|---|---|
| Main Level | Living Room | 20'6 x 20'6 ft |
| Main Level | Family Room | 14'10 x 14'10 ft |
| Main Level | Kitchen | 12'2 x 12'2 ft |
| Main Level | Dining Room | 16'6 x 16'6 ft |
| Main Level | Bedroom | 13' x 13' ft |
| Main Level | Foyer | 17'4 x 17'4 ft |
| Above Level | Primary Bedroom | 18'4 x 18'4 ft |
| Above Level | Bedroom | 14'4 x 14'4 ft |
| Above Level | Bedroom | 10'7 x 10'7 ft |
| Above Level | Bedroom | 11'8 x 11'8 ft |
| Above Level | Laundry | 10'7 x 10'7 ft |
| Basement Level | Workshop | 42'1 x 42'1 ft |
| Main Level | Living Room | 22'9 x 22'9 ft |
| Main Level | Kitchen | 10'6 x 10'6 ft |
| Main Level | Dressing Room | 15'5 x 15'5 ft |
| Above Level | Primary Bedroom | 15'3 x 15'3 ft |
| Above Level | Bedroom | 15'3 x 15'3 ft |
| Above Level | Bedroom | 9'11 x 9'11 ft |
| Above Level | Laundry | 9'2 x 9'2 ft |
| Basement Level | Recreation Room | 22'11 x 22'11 ft |
| Basement Level | Family Room | 18'1 x 18'1 ft |
Bathrooms
| Floor | Ensuite | Pieces |
|---|---|---|
| Main Level | No | #2 |
| Above Level | Yes | #3 |
| Above Level | No | #3 |
| Basement | No | #3 |
| Main Level | No | #2 |
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 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
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!
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