NEW

12835 60 Ave, Surrey, BC

$1,215,000
Est. Mortgage /mo

MLS® R3094842

3 Beds
2 Baths
1549 sqft
784 $ /sqft
1986 Built
$1,215,000
Est. /mo with 20% down
$784/sqft · Tax $5,279/2025
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

Investor Alert! Re-introduced to the market with a substantial price adjustment. This 7,974 sq ft property with rare side lane access sits in a neighborhood surrounded by new homes and ongoing redevelopment, The lot provides excellent flexibility for a future new build, while the existing home—though in need of some updating—remains a solid rental option for immediate income. Whether you choose to hold, rent, or build, this property delivers a smart foothold in one of East Newton’s most active redevelopment pockets. Large lot with lane access and long-term potential, make this an appealing option for investors, builders, or buyers looking to secure land in a growing area. Seller is open to reasonable offers.

General Info

Price $1,215,000
Total Bedrooms 3
Total Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 1549
Lot Size 7982
Lot Size Depth Metres
Lot Size Frontage 66.6
Basement None
Basement Features -

Property Metrics

Year Built 1986
Age Of Building 40
Building Type Single Family Residence
Property Type Residential
Architecture Style Rancher/Bungalow
Stories 1
Building Features -
Structures Residential Detached

Additional Details

MLS® # R3094842
Building Name -
Area Surrey
Neighbourhood Panorama Ridge
City Surrey
Postal Code V3X 2C2
Price per Sqft $784
Gross Taxes $5,279.3
Ownership Type Freehold NonStrata
Maintenance Fee -

Heating & Cooling

Fireplace 2
Heating Type Forced Air, Natural Gas

Utilities

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

Parking

Parking Type Detached, Open, Lane Access
Total Parking Spaces -
Listed by: Sutton Group-West Coast Realty (Surrey/24)

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

Secondary
Panorama Ridge Secondary School
1.08 km
Elementary
Panorama Park Elementary School
Average
0.31 km
4.8/10

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

Private Schools

Elementary
St. Bernadette
1.23 km
Elementary, Secondary
Regent Christian Academy
4.76 km

Closest Transit

Bus Stop
Northbound 128 St @ 60 Ave
0.05 km
Skytrain
Skytrain @ 152 St Station ( Under Construction till 2029)
7.67 km

Crime Rate

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

Demographics

Post-Secondary Education
Below Average
21.4%
No Certificate/Degree
Above Average
21.8%
Owner Occupied
Above Average
74.7%
Employment Rate
Above Average
77.2%

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 $440
Maintenance fee 0
With a 20% down payment, buyers can expect an estimated $5,080/month in total housing costs on this $1,215,000 property — $4,640 mortgage payment, $440 property tax.
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%
Based on $3,754/month estimated rent and $5,235/month in total housing costs, this property has a -$1,481/month cashflow. Break-even down payment: approximately 46%.
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 $1,215,000
Surrey Loading...
Panorama Ridge Loading...
There are currently no comparable Single Family Residences active in Panorama Ridge. The Surrey-wide average for similar 3-bedroom properties is $1,142,650 (12 listings). This home is priced 6.3% above 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

Property FAQs

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Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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