12422 53 Ave, Surrey, BC

$3,200,000
Est. Mortgage /mo

MLS# R3070055

2 Beds
1 Baths
1160 sqft
2759 $ /sqft
$3,200,000
Est. /mo with 20% down
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

Property Details & Specs

PANORAMA RIDGE development opportunity! This 1.5-acre property offers exceptional potential, with sanitary and storm sewer services available right at the lot line on 52A Ave. The existing rancher features beautiful vaulted cedar ceilings with exposed beams—a warm and inviting home while you plan your future project. Incredible potential for new lots with ocean views. Build your dream homes or create a premium development. Priced for a quick sale!

General Info

Price $3,200,000
Total Bedrooms 2
Total Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 1160
Lot Size 1.4916
Lot Size Depth Feet
Lot Size Frontage 100
Basement Finished Area (sqft) 0
Basement Features None

Property Metrics

Year Built -
Age Of Building 999
Building Type Single Family Residence
Property Type Residential
Architecture Style Rancher/Bungalow
Stories 1
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Structures Residential Detached

Additional Details

MLS® # R3070055
Building Name -
Area Surrey
Neighbourhood Panorama Ridge
City Surrey
Postal Code V3X 3B7
Price per Sqft -
Gross Taxes $14,159.01
Ownership Type Freehold NonStrata
Maintenance Fee -

Heating & Cooling

Fireplace 1
Heating Type Natural Gas

Utilities

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

Parking

Parking Type Additional Parking, Carport Multiple
Total Parking Spaces 4
Strata Restrictions -
Rental Restrictions -
Zoning RH
Rental Suites None
# of Kitchens 1
Foundation Concrete Perimeter
Locker -
View Description -
Units In Development -
Sewer Public Sewer, Sanitary Sewer, Septic Tank

Property Timeline

Status Date Price
R3070055 / Active 11-24-2025 $3,200,000
Rooms
Floor Type Dimensions
Main Level Living Room 15'0 x 15'0 ft
Main Level Kitchen 12'0 x 12'0 ft
Main Level Dining Room 12'0 x 12'0 ft
Main Level Den 17'0 x 17'0 ft
Main Level Bedroom 13'0 x 13'0 ft
Main Level Bedroom 12'0 x 12'0 ft
Bathrooms
Floor Ensuite Pieces
Main Level No #5
Listed by: Sutton Group-Alliance R.E.S. & 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 & Transit Info

Public Schools

Elementary
Colebrook Elementary School
0.54 km
Secondary
Panorama Ridge Secondary School
2.84 km

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

Private Schools

Elementary
St. Bernadette
Above Average
3.04 km
8.5/10
Elementary, Secondary
Regent Christian Academy
Above Average
6.13 km
8.1/10

Closest Transit

Bus Stop
Eastbound New McLellan Rd @ 123 St
0.66 km
Skytrain
Skytrain @ 152 St Station ( Under Construction till 2029)
9.45 km

Crime Rate

Total Crime Rate
Average
Violent Crime Rate
Below Average
Property Crime Rate
Average

Demographics

Post-Secondary Education
Above Average
33.1%
No Certificate/Degree
Below Average
12.1%
Owner Occupied
Below Average
52.5%
Employment Rate
Average
61.5%

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

Local Info

Estimated Mortgage Calculator

/month
Principal & Interest
Property Taxes $1,180
Maintenance fee 0
Based on a 30-year fixed at 4% interest with 20% down ($640,000), the estimated monthly payment for this listing is $13,402/month — $12,222 principal & interest, $1,180 property tax.
or Call 778-918-5990
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.
Listing data last synced:

Estimated Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
At an estimated rental income of $7,580/month, this property runs a $6,055/month shortfall after mortgage and carrying costs. Break-even requires approximately 60% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Home Price Evaluation Chart

Beds Home Types Square Feet Lot Size Year Built
This Home $3,200,000
Surrey Loading...
Panorama Ridge Loading...
There are currently no comparable Single Family Residences active in Panorama Ridge. The Surrey-wide average for similar 2-bedroom properties is $6,733,333 (2 listings). This home is priced 52.5% below that benchmark.
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

Property FAQs

What are the closest top-rated schools to 12422 53 Avenue, Surrey, BC?
The closest top-rated schools are Colebrook Elementary School and Panorama Ridge Secondary School.
Is 12422 53 Avenue, Surrey, BC in a flood zone?
Flood risk status: No.
What is the estimated monthly mortgage and strata fee for 12422 53 Avenue, Surrey, BC?
With a standard down payment, the estimated monthly mortgage is approximately $19,200.
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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