8863 King George Blvd, Surrey, BC, MLS® R3031666

$2,100,000
Est. Mortgage /mo

$2,100,000
Est. Mortgage /mo
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Trusted, Experienced, & Award-Winning REALTOR®
Go See This Home Now
14 Beds
7 Baths
2 Stories
lot 8266 sqft
5344 sqft
2001 built
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Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

Property details

DEVELOPMENT/INVESTMENT OPPORTUNITY – SUB-DIVIDABLE POTENTIAL Spacious 8,232 sq.ft. lot with 68 ft frontage and back alley access! Excellent holding property with strong rental income of $10K approx month. Prime location with major development in the area – UBC recently acquired 3 acres nearby for over $70 million. Close proximity to SFU and Kwantlen, with ongoing growth and infrastructure improvements. Secure this high-potential property now and benefit from future development upside.

General Info

Price $2,100,000
Total Bedrooms 14
Total Bathrooms 7
Half Bathrooms 0
Floor Area Total (sqft) 5344
Lot Size 8266
Lot Size Depth Feet
Lot Size Frontage 68
Basement Finished
Basement Features BasementFeatures

Property Metrics

Year Built 2001
Age Of Building 24
Building Type Single Family Residence
Property Type Residential
Stories 2
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS # R3031666
Area Surrey
Neighbourhood Queen Mary Park Surrey
City Surrey
Gross Taxes 0
Ownership Type Freehold NonStrata
Maintenance Fee -

Heating & Cooling

Fireplace 1
Heating Type Electric, Forced Air

Utilities

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

Parking

Parking Type Additional Parking, Lane Access, Rear Access
Total Parking Spaces -

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Strata Restrictions -
Rental Restrictions -
Zoning RF
Rental Suites Unauthorized Suite
Laundry In Unit
# of Kitchens 4
Flooring Mixed
Foundation Concrete Perimeter
Locker -
View Description -
Units In Development -
Exterior Features Balcony, Private Yard
Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Roof Asphalt

Property History

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Status Date Price
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Listed by: RE/MAX Performance Realty

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
Newton Elementary School
Average
1.18 km
Rating 4.6/10
Secondary
Princess Margaret Secondary School
3.31 km
No Rating

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

Private Schools

Elementary
Sikh Academy
1.4 km
No Rating
Elementary, Secondary
Khalsa School (Surrey)
4.5 km
No Rating

Closest Transit

Translink
Northbound King George Blvd @ 8600 Block
0.05 km

8863 King George Boulevard is serviced by Newton Elementary School. The property with listing MLS® R3031666 is located 1.18 km from the school. Newton Elementary School has a rating of Rating 4.6/10.

This home with address 8863 King George Boulevard, Surrey, BC is also serviced by Princess Margaret Secondary School and located 3.31 km from it. Princess Margaret Secondary School has a rating of No Rating.

The closest Elementary independent school to this home for sale located at 8863 King George Boulevard is Sikh Academy with School's rating No Rating, located 1.4 km from this home.

The closest to this address 8863 King George Boulevard Secondary independent school is Khalsa School (Surrey) with School's rating No Rating, located 4.5 km from this home

The freshest crime data from Statistics Canada are from 2020. There were 44,976 volation disturbances in this neighbourhood. The overall crime rate near the address - 8863 King George Boulevard, Surrey, BC is 7,512.73. Rate is the amount of incidents per 100,000 population. Comparing to other Canadian cities it has Average rate in 2020. Year by year change in the total crime rate is -12.05%

Drug crime rate next to the listing MLS® R3031666 is Above Average comparing to other neighbourhoods. The illegal substances offences rating is 390.7. There were 2,339 illegal substances lawbreaking disturbances in this city in 2020 . Year by year change in the illegal substances offences ranking is 16.32%

Property crimes in the neighbourhood close to real estate listing for sale 8863 King George Boulevard are Average. Property misconduct rating adjacent to MLS® R3031666 is 3,746.17. There were 22,427 in the neighbourhood in 2020. Year by year change in the property misconduct rate is -16.98%

There were 7,844 violent lawbreaking disorders in 2020. 1,310.25 and it is Below Average rate comparing to other BC municipalities. Year by year change in the violent crime rate is -11.37%

The closest Bus station is Northbound King George Blvd @ 8600 Block in 0.05 km away from this listing with - MLS® R3031666.

14.7% of people with university certificate/degree live in this neighbourhood adjacent to the 8863 King George Boulevard which is Below Average in comparison with other BC neighbourhoods. 31.2% of population in this neighbourhood that is near the Listing MLS® R3031666 have no certificate or degree. This number is High compared to the average in BC.

Median Household Income near this dwelling with the address 8863 King George Boulevard, Surrey, BC is $69146 which is Average in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® R3031666 is $22807 which is Low in comparison with the BC average. % of the Households with a mortgage in this census subdivision is 70.2% which is High.

Unemployment rate in the area around Real Estate Listing # R3031666 is 8.1 which is Average in comparison to the other province neighbourhoods.

This real estate is located in 8863 King George Boulevard Queen Mary Park Surrey where population change between 2011 and 2016 was -5%. This is Low in comparison to average growth rate of this region.

Population density per square kilometre in this community near the address 8863 King George Boulevard, Surrey, BC is 2235.6 which is Above Average people per sq.km.

Average size of families in the area adjacent to home for sale 8863 King George Boulevard is 3.1. This is Above Average number in comparison to the whole region. Percent of families with children near by the Real Estate Listing - MLS® R3031666 is 75.6% and it is High. % of Married or living common law is around 63.2% and it is Above Average.

Average age of the population close to the 8863 King George Boulevard is 37.8 . This percentage is Below Average in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 8863 King George Boulevard, Surrey, BC is $622971 and this is High comparing to other areas in British Columbia

Average Owner payments are Above Average in the area adjacent to 8863 King George Boulevard. $1487 owners spent in average for the dwelling. Tenants are paying $809 in this district close to MLS® R3031666 and it is Below Average comparing to other cities.

35.1% of Population in this district near the 8863 King George Boulevard are Renters and it is Above Average comparing to other BC cities and areas.

% of English and French speakers around real estate listing 8863 King George Boulevard, Surrey, BC is 2.3%, it is Low, % of English speakers only is 82.8% and Below Average. % of French speakers adjacent to 8863 King George Boulevard only is 0.1% and it is Low. % of Neither English nor French speakers close to home for sale 8863 King George Boulevard, Surrey, BC is 14.8% and it is High comparing to other BC cities.

14.2% of all population in the area around this property with the address 8863 King George Boulevard, Surrey, BC using Public Transport which is Average, 81% of using population are using Cars around MLS® R3031666, which is Below Average. 0.4% of people using Bicycles around the 8863 King George Boulevard and it is Low. 3.2% of population are walking which is Below Average

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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 $2,099,900
Queen Mary Park Surrey 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
Trusted, Experienced, & Award-Winning REALTOR®
778-918-5990
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