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
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 fee0
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 Payment0%
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
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
What are the closest top-rated schools to 12835 60 Avenue, Surrey, BC?
The closest top-rated schools are Panorama Ridge Secondary School and Panorama Park Elementary School.
Is 12835 60 Avenue, Surrey, BC in a flood zone?
Flood risk status: No.
What is the estimated monthly mortgage and strata fee for 12835 60 Avenue, Surrey, BC?
With a standard down payment, the estimated monthly mortgage is approximately $7,290.
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
Claim Your Rebate
Attach at least one supporting item (image, video, document, or URL) to verify your rebate action.
This helps us confirm your eligibility and process your rebate quickly.