9937 138 St, Surrey, BC, MLS® R2959714

$3,400,000
Est. Mortgage /mo

26.1% price reduce

$3,400,000
$4,600,000
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
10 Beds
6 Baths
2 Stories
lot 10200 sqft
4300 sqft
1978 built
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Map
Street view
Schools
Crime
Commute
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9937 138 St, Surrey, BC | MLS® R2959714 Property Details

26.1% price reduce

RARE high rise development opportunity offering situated on 10,127 sqft. Excellent investment / holding property for future development site. Only minutes walk to City Centre, skytrain, Surrey Place, library, etc. Surrey City Centre fast growing trending neighborhood with Two local, major post-secondary educational institutions, Simon Fraser University and Kwantlen Polytechnic University are nearby the site. The current Floor Area Ratio (FAR) for this site is 3.5. Many sites surrounding this lot are zoned Comprehensive Developments, (CD Zones). As density expands out from the City Center there is a trend for higher (FAR). The current zoning and the increase of allowable densities in adjacent properties may support an increase in allowable density.

General Info

Price $3,400,000
Total Bedrooms 10
Total Bathrooms 4
Half Bathrooms 2
Floor Area Total (sqft) 4300
Lot Size 10200
Lot Size Depth Feet
Lot Size Frontage 120
Basement Exterior Entry
Basement Features BasementFeatures

Property Metrics

Year Built 1978
Age Of Building 47
Building Type Duplex
Property Type Residential Income
Stories 2
Building Features BuildingFeatures
Structures Multi Family

Additional Details

MLS® # R2959714
Area North Surrey
Neighbourhood Whalley
City Surrey
Gross Taxes $12,254.44
Ownership Type Freehold NonStrata
Maintenance Fee -
Community Features Shopping Nearby

Heating & Cooling

Fireplace -
Heating Type Forced Air

Utilities

Utility Type Community, Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer
Water (WaterSource) Public

Parking

Parking Type Open, Front Access, Concrete
Total Parking Spaces 6

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Strata Restrictions -
Rental Restrictions -
Zoning DUPLEX
Rental Suites Other
# of Kitchens 4
Flooring Mixed
Foundation Concrete Perimeter
Locker -
View Description -
Units In Development -
Exterior Features No Outdoor Area
Sewer Public Sewer, Sanitary Sewer
Roof Asphalt

Property History

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Status Date Price
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Listed by: Sutton Group-Alliance R.E.S.

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
Lena Shaw Elementary School
Below Average
0.92 km
1.8/10
Secondary
Guildford Park Secondary School
2.15 km

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

Private Schools

Elementary
Our Lady of Good Counsel
1.13 km
Secondary
Honour Secondary School
2.58 km

Closest Transit

Bus Stop
King George Station @ Bay 2
0.38 km
Skytrain
Skytrain @ King George Stn
0.34 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

Imagine strolling through the vibrant neighborhood of Whalley in Surrey, BC, and discovering the charm of 9937 138 Street, a fantastic property for sale, listed as MLS® R2959714. As we explore this lovely community, let's start with the local schools that serve this area.

The property is conveniently located near Lena Shaw Elementary School, with a rating of 1.8/10, situated just 0.92 km away. This school is a great option for families, providing a comfortable learning environment for children. Just down the road, you'll also find Guildford Park Secondary School, which has a rating of No Rating, and is approximately 2.15 km from this beautiful home. Additionally, the nearby Our Lady of Good Counsel, an independent elementary school, has a stellar rating of 9.7/10, and is just 1.13 km away. For secondary education, Honour Secondary School, an independent secondary school, is about 2.58 km from this property, with a rating of No Rating.

Now, let's talk about safety in the neighborhood. According to the latest crime data from Statistics Canada (2020), the area surrounding 9937 138 Street, Surrey, BC, experiences an average crime rate of 7,512.73 incidents per 100,000 population, which is comparable to other Canadian cities. What's more, the neighborhood has seen a 12.05% decrease in overall crime rates year-over-year. While there were 44,976 reported disturbances in the area, rest assured that the community is generally safe.

In terms of specific crime rates, the area near MLS® R2959714 has an above-average rate of drug-related offenses, with a rating of 390.7. However, the year-over-year change in this category is a notable 16.32%. On the other hand, property crimes are relatively average in the neighborhood, with a rating of 3,746.17, and a decrease of 16.98% in the past year. Furthermore, violent crime rates in the area are below average, with a rating of 1,310.25, and a decrease of 11.37% year-over-year.

Now, let's explore the lifestyle and amenities that make this neighborhood so desirable. The closest bus station is the King George Station @ Bay 2, which is only 0.38 km away from this property, making public transportation convenient and accessible. As we walk through the neighborhood, you'll notice the diverse community, with 22.6% of residents holding a university certificate or degree, which is above average in comparison to other BC neighborhoods.

In terms of demographics, the median household income near this property is $54,408, which is below average compared to British Columbia. However, the median personal income is $28,507, also below average, but a testament to the community's strong sense of family and support. Furthermore, 74.2% of households in the area have a mortgage, which is a high percentage, indicating a strong sense of homeownership and community pride.

As we continue our stroll through Whalley, we notice that the unemployment rate in the area is 6.5%, which is below average compared to other province neighborhoods. This suggests that the community is relatively stable and has a strong economy. Additionally, the population change in the area between 2011 and 2016 was 33.3%, which is high compared to the average growth rate of this region.

The community is also very family-friendly, with an average family size of 2.7, which is below average, but 57.8% of families in the area have children, making it an excellent choice for families. The average age of the population in the area is 41, which is average compared to other BC cities.

When it comes to real estate, the average value of dwellings in the neighborhood is $345,368, which is average compared to other areas in British Columbia. As for homeownership, the average owner payments are average in the area, with owners spending an average of $1,182 per month. On the other hand, tenants are paying an average of $1,035 per month, which is also average.

Lastly, let's look at the language spoken in the area. While 4.8% of the population speaks English and French, which is below average, 90.3% of residents speak English only, which is average. Additionally, 0.1% of residents speak French only, and 4.9% speak neither English nor French, which is high compared to other BC cities.

As we conclude our tour of 9937 138 Street, Surrey, BC, listed as MLS® R2959714, it's clear that this property offers an excellent blend of safety, community, and lifestyle amenities. Whether you're a family, an

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 $3,400,000
Surrey No comparables
Whalley 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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