12526 56 Ave, Surrey, BC, MLS® R3047297

$2,899,999
Est. Mortgage /mo

NEW

$2,899,999
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
4 Beds
3 Baths
3 Stories
lot 30031 sqft
1825 sqft
1973 built
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Street view
Schools
Crime
Commute
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12526 56 Ave, Surrey, BC | MLS® R3047297 Property Details

Rare opportunity in prestigious Panorama Ridge! This 30,000 sq. ft. lot (approx 167 ft. x 167 ft.) offers exceptional potential for your dream estate or future development. The property features an existing well-maintained home with tenant in place, providing immediate rental income while you plan your vision. Situated in one of Surreys most sough-after neighbourhoods, this prime location combines generous dimensions, strong investment appeal, and the flexibility to build, hold, or redevelop in a prestigious setting.

General Info

Price $2,899,999
Total Bedrooms 4
Total Bathrooms 2
Half Bathrooms 1
Floor Area Total (sqft) 1825
Lot Size 30031.31
Lot Size Depth Metres
Lot Size Frontage 168.01
Basement Finished
Basement Features BasementFeatures

Property Metrics

Year Built 1973
Age Of Building 52
Building Type Single Family Residence
Property Type Residential
Architecture Style 3 Level Split
Stories 3
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS® # R3047297
Area Surrey
Neighbourhood Panorama Ridge
City Surrey
Gross Taxes $8,055.94
Ownership Type Freehold NonStrata
Maintenance Fee -

Heating & Cooling

Fireplace 1
Heating Type Hot Water

Utilities

Utility Type Electricity Connected, Water Connected
Utility Sewer Septic Tank
Water (WaterSource) Public

Parking

Parking Type Carport Multiple, Front Access, Asphalt
Total Parking Spaces 4

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Strata Restrictions -
Rental Restrictions -
Zoning R1
Rental Suites None
# of Kitchens 1
Foundation Concrete Perimeter
Interior Features Storage
Locker -
View Description -
Units In Development -
Exterior Features Garden, Balcony
Sewer Septic Tank
Roof Asphalt

Property History

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Status Date Price
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Listed by: Saba Realty 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

Elementary
Colebrook Elementary School
0.34 km
Secondary
Panorama Ridge Secondary School
2.14 km

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

Private Schools

Elementary
St. Bernadette
2.31 km
Elementary, Secondary
Regent Christian Academy
5.62 km

Closest Transit

Bus Stop
Westbound 56 Ave @ 125A St
0.03 km
Skytrain
Skytrain @ 152 St Station ( Under Construction till 2029)
8.75 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 12526 56 Avenue, Surrey, BC - Your Dream Home Awaits!

As we step into the vibrant community of Panorama Ridge, you'll discover a sense of warmth and belonging that makes this neighborhood truly special. Located in the heart of Surrey, BC, this stunning property with MLS® R3047297 boasts an unbeatable blend of convenience, comfort, and lifestyle amenities.

Let's Start with the Essentials

We're proud to serve the esteemed Colebrook Elementary School, a renowned institution that has a rating of No Rating. As a resident of this property, you'll enjoy a short 0.34 km commute to school, making it an ideal choice for families. Panorama Ridge Secondary School is also nearby, with a rating of No Rating and a comfortable 2.14 km distance from your doorstep.

Education is Just the Beginning

For those seeking alternative educational options, we're pleased to recommend St. Bernadette Elementary Independent School, rated 8.5/10 and located a scenic 2.31 km away. For secondary education, Regent Christian Academy stands out, boasting a rating of 8.1/10 and a 5.62 km distance from your home.

Safety First

According to the latest crime statistics from Statistics Canada (2020), the neighbourhood surrounding 12526 56 Avenue, Surrey, BC boasts an impressive 7,512.73 overall crime rate, which is Average compared to other Canadian cities. The year-over-year change in the total crime rate is a stunning -12.05%, demonstrating a clear commitment to community safety.

A Closer Look at Crime Rates
  • Drug crime rate: Above Average, with a rating of 390.7 and 2,339 incidents in 2020.
  • Property crimes: Average, with a rating of 3,746.17 and 22,427 incidents in 2020.
  • Violent crime rate: Below Average, with a rating of 1,310.25 and 7,844 incidents in 2020.
Getting Around is Easy

The Westbound 56 Ave @ 125A St bus station is just 0.03 km away from your front door, making public transportation a convenient option. With a population density of 401.2 people per square kilometre, this community offers a comfortable balance of space and accessibility.

Demographics that Matter
  • 33.1% of residents hold a university certificate or degree, making this neighbourhood High in comparison to other BC areas.
  • 12.1% of the population has no certificate or degree, which is Low compared to the average in BC.
  • Median Household Income is a impressive $138,459, High compared to the British Columbia average.
  • Median personal income is $43,264, also High in comparison to the BC average.
  • 52.5% of households in the area have a mortgage, which is Below Average.
Unemployment and Growth

The unemployment rate in this area is a Low 2.2%, making it an attractive choice for job seekers. Population growth between 2011 and 2016 was 3.6%, Above Average in comparison to this region.

A Community that Thrives

The average size of families in this area is 3.1, which is Above Average. 61.5% of families have children, and 63.8% of residents are married or living common law, both Above Average statistics.

Age and Dwellings

The average age of the population is 43.6, which is Above Average in comparison to other BC cities. The average value of dwellings in this neighbourhood is a staggering $1,600,130, High compared to other areas in British Columbia.

Owner and Tenant Statistics

Average Owner payments are High in this area, with owners spending $2,139 on average for their dwellings. Tenants pay $1,761, also High compared to other cities.

Renters and Language

11% of the population in this area are renters, which is Below Average. English and French speakers make up 5.7% of the population, while 89.9% speak only English. 4.4% of residents speak neither English nor French, making this neighbourhood Average in language diversity.

Transportation

93.4% of residents use cars, which is Above Average. 1.3% of residents use public transportation, while 1.3% use bicycles, and 1.3% walk, making this area Average to Low in transportation diversity.

Experience the Best of Surrey

At 12526 56 Avenue, you'll discover a vibrant community that offers something for everyone. From excellent schools to a safe and welcoming environment, this property with MLS® R3047297 is the perfect blend of convenience, comfort, and lifestyle amenities.

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 $2,899,999
Surrey $2,590,000
Panorama Ridge 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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