10612 138 St, Surrey, BC | MLS^® R3024023 Property Details

Exceptional development opportunity in the heart of Surrey City Centre! This 2-bedroom, 1-bathroom home sits on a 7888 sq ft lot. Designated 6-storey land assembly area with up to 2.5 FAR potential. Just minutes from Gateway & Surrey Central SkyTrain Stations, SFU Campus, City Hall, T&T, Walmart, Central City Mall, and more. Easy access to King George Blvd, Fraser Hwy & Hwy 1. An ideal investment for future growth--perfectly positioned in a rapidly transforming urban hub!

General Info

Price $2,500,000

Total Bedrooms 2

Total Bathrooms 1

Half Bathrooms 0

Floor Area Total (sqft) 848

Lot Size 7888

Lot Size Depth Feet

Lot Size Frontage 60.5

Basement None

Basement Features BasementFeatures

Property Metrics

Year Built 1951

Age Of Building 74

Building Type Single Family Residence

Property Type Residential

Architecture Style Rancher/Bungalow

Stories 1

Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove

Building Features BuildingFeatures

Structures Residential Detached

Additional Details

MLS^® # R3024023

Area North Surrey

Neighbourhood Whalley

City Surrey

Gross Taxes $5,948.06

Ownership Type Freehold NonStrata

Maintenance Fee -

Community Features Shopping Nearby

Heating & Cooling

Fireplace -

Heating Type Electric

Utilities

Utility Type Electricity Connected, Natural Gas Connected, Water Connected

Utility Sewer Public Sewer, Sanitary Sewer, Storm Sewer

Water (WaterSource) Public

Parking

Parking Type Open, RV Access/Parking, Guest, Front Access

Total Parking Spaces 3

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Strata Restrictions -

Rental Restrictions -

Zoning RF

Rental Suites None

# of Kitchens 1

Foundation Concrete Perimeter

Locker -

View Description -

Units In Development -

Exterior Features Private Yard

Sewer Public Sewer, Sanitary Sewer, Storm Sewer

Roof Asphalt

Property History

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Status	Date	Price

Rooms

Floor	Type	Dimensions
Main Level	Living Room	11' x 11' ft
Main Level	Kitchen	8' x 8' ft
Main Level	Eating Area	6' x 6' ft
Main Level	Bedroom	11' x 11' ft
Main Level	Bedroom	12' x 12' ft

Listed by: Supreme Star House Realty Corporation & eXp Realty of Canada, Inc.

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

Kwantlen Park Secondary School

1.4 km

Elementary

Forsyth Road Elementary School

Below Average

0.24 km

2.6/10

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

0.35 km

Secondary

Honour Secondary School

1.84 km

Closest Transit

Bus Stop

Eastbound 108 Ave @ 138 St

0.32 km

Skytrain

Skytrain @ Gateway Stn

0.90 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 10612 138 Street, a vibrant neighborhood in Surrey, BC, where you'll find a mix of convenience, community, and natural beauty. As your trusted realtor, I'm excited to share the highlights of this area with you.

Education:

Let's start with the schools. Forsyth Road Elementary School, located just 0.24 km away from this property with MLS# R3024023, has a rating of 2.6/10. Families love this area because of its proximity to quality education, and I'm happy to report that this school is within walking distance.

In addition to Forsyth Road Elementary, Kwantlen Park Secondary School is also nearby, just 1.4 km from this property. While Kwantlen Park Secondary School doesn't have a rating, its proximity to this neighborhood is a definite plus.

For those seeking alternative education options, Our Lady of Good Counsel is the closest elementary independent school, with a rating of 9.7/10 and located just 0.35 km away from this home for sale. Honour Secondary School, an independent secondary school, is also nearby, with a rating of No Rating and located 1.84 km from this property.

Crime:

According to the latest crime data 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 police-reported incidents in this area, which is a relatively typical urban crime rate.

Breaking it down further, the drug crime rate is Above Average, with a rating of 390.7 and 2,339 incidents in 2020. However, it's worth noting that the year-over-year change in the illegal substances offences ranking is 16.32%.

Property crimes in this neighborhood are also Average, with a rating of 3,746.17 and 22,427 incidents in 2020. The year-over-year change in the property misconduct rate is -16.98%.

Violent crime rates in this area are Below Average, with a rating of 1,310.25 and 7,844 incidents in 2020. The year-over-year change in the violent crime rate is -11.37%.

Demographics:

This neighborhood is home to a diverse population, with 18.9% of residents holding a university certificate or degree, which is Average compared to other BC neighborhoods. On the other hand, 20.9% of the population has no certificate or degree, which is Above Average compared to the average in BC.

The median household income in this area is $58,688, which is Below Average compared to the British Columbia average. However, the median personal income is $26,876, also Below Average compared to the BC average.

Interestingly, 79% of households in this census subdivision have a mortgage, which is High compared to other neighborhoods.

Transit:

For those relying on public transportation, the closest bus station is Eastbound 108 Ave @ 138 St, just 0.32 km away from this property with MLS# R3024023.

Lifestyle Amenities:

This neighborhood offers a range of lifestyle amenities, including parks, beaches, trails, and shopping malls. The average size of families in this area is 3.1, which is Above Average compared to the whole region. Furthermore, 70.4% of families in this neighborhood have children, which is High.

The average age of the population in this area is 37.4, which is Low compared to other BC cities. However, the average value of dwellings in this neighborhood is $476,258, which is Above Average compared to other areas in British Columbia.

Real Estate Context:

In terms of real estate, this neighborhood offers a range of options, from owner-occupied dwellings to rentals. The average owner payment in this area is Above Average, with owners spending an average of $1,383 per month. Tenants, on the other hand, pay an average of $1,091 per month, which is also Above Average compared to other cities.

Interestingly, 53.9% of the population in this neighborhood are renters, which is High compared to other BC cities.

Language and Transportation:

In terms of language, 3.7% of the population in this area speaks English and French, which is Low. However, 91% of the population speaks only English, which is Average. On the other hand, 0.1% of the population speaks only French, which is Low.

When it comes to transportation, 30.4% of the population in this area uses public transportation, which is High. On the other hand, 64.3% of the population uses cars, which is Low. 0.3% of the population

10612 138 St, Surrey, BC, MLS^® R3024023