DEVELOPER & INVESTOR ALERT! Rare Morgan Creek opportunity on a massive 22,172 sq ft lot in a prime, private cul-de-sac location. Includes a beautifully remodeled 2,664 sq ft 4-bedroom home, ideal to hold, rent, or live in while planning future development. The real value is in the land — this property is nearly ready to subdivide into two approx. 11,000 sq ft lots. New boulevards and sidewalks are already in place. Surrounded by newly built high quality homes and close to top schools, shopping, and major routes. Exceptional upside in one of South Surrey’s most desirable neighbourhoods.
General Info
Price
$2,690,000
Total Bedrooms
4
Total Bathrooms
2
Half Bathrooms
1
Floor Area Total (sqft)
2664
Lot Size
22172
Lot Size Depth
Feet
Lot Size Frontage
150
Basement
None
Basement Features
-
Property Metrics
Year Built
1987
Age Of Building
39
Building Type
Single Family Residence
Property Type
Residential
Stories
2
Appliances Included
Washer/Dryer, Dishwasher, Refrigerator, Stove
Building Features
-
Structures
Residential Detached
Additional Details
MLS® #
R3080396
Building Name
Morgan Creek
Area
South Surrey White Rock
Neighbourhood
Morgan Creek
City
Surrey
Postal Code
V3Z 0G7
Price per Sqft
$1,010
Gross Taxes
$8,676.34
Ownership Type
Freehold NonStrata
Maintenance Fee
-
Community Features
Golf, Shopping Nearby
Heating & Cooling
Fireplace
0
Heating Type
Hot Water, Natural Gas
Utilities
Utility Type
Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer
Public Sewer, Sanitary Sewer, Storm Sewer
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
Rosemary Heights Elementary School
Above Average
0.65 km
7/10
Secondary
Earl Marriott Secondary School
4.55 km
Information includes BC Government Open License data; school details change often and are offered solely as general guidance.
Private Schools
Elementary, Secondary
Southridge School
2.65 km
Elementary, Secondary
Southridge School
2.65 km
Closest Transit
Bus Stop
Northbound 152 St @ 40 Ave
0.72 km
Skytrain
Skytrain @ Hillcrest/ 184 st Station ( Under Construction till 2029)
8.49 km
Crime Rate
Total Crime Rate
Average
Violent Crime Rate
Below Average
Property Crime Rate
Average
Demographics
Post-Secondary Education
Above Average
35.9%
No Certificate/Degree
Below Average
8.2%
Owner Occupied
Average
63.5%
Employment Rate
Average
61.8%
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$723
Maintenance fee0
Based on a 30-year fixed at 4% interest with 20% down ($538,000), the estimated monthly payment for this listing is $10,997/month — $10,274 principal & interest, $723 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%
At an estimated rental income of $6,649/month, this property runs a $4,572/month shortfall after mortgage and carrying costs. Break-even requires approximately 56% down.
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.
Home Price Evaluation Chart
This Home
$2,690,000
Surrey
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Morgan Creek
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There are currently no comparable Single Family Residences active in Morgan Creek. The Surrey-wide average for similar 4-bedroom properties is $2,590,000 (7 listings). This home is priced 3.9% 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 15555 38a Avenue, Surrey, BC?
The closest top-rated schools are Rosemary Heights Elementary School and Earl Marriott Secondary School.
Is 15555 38a Avenue, Surrey, BC in a flood zone?
Flood risk status: No.
What is the estimated monthly mortgage and strata fee for 15555 38a Avenue, Surrey, BC?
With a standard down payment, the estimated monthly mortgage is approximately $16,140.
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