Prime Panorama Ridge Building Lot! Builders and developers - don’t miss this exceptional opportunity! This expansive 37,191 sq. ft.) south-facing lot with 3 road frontages, offers the perfect canvas to build your dream home in one of Panorama Ridge’s most prestigious neighbourhoods or subdivide (check with city). Enjoy the rare advantage of dual road frontage and the potential for future subdivision with the adjacent lot. All services are at the lot line, and the location is second to none - within walking distance to Joe Brown Park, Colebrook Elementary, and Mud Bay Park.
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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.
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Welcome to this beautiful community in Surrey, British Columbia, where you'll find the perfect blend of suburban charm and urban convenience. I'm delighted to take you on a tour of the neighborhood surrounding 12410 New Mclellan Road, MLS® R3037304.
First, let's talk about the schools. Two excellent institutions serve this area: Colebrook Elementary School and Panorama Ridge Secondary School. Colebrook Elementary is just 0.46 km away from our property, offering students a world-class education in a nurturing environment. Panorama Ridge Secondary School is a bit further, but still within walking distance, providing students with a comprehensive education and a wide range of extracurricular activities.
Families love this area because of its strong sense of community and excellent schools. St. Bernadette Elementary School, an independent school, is also nearby, with a rating of 8.5/10 and located just 2.48 km from our property. Regent Christian Academy, another independent secondary school, has a rating of 8.1/10 and is about 5.86 km away.
Now, let's discuss the safety of the neighborhood. According to the latest crime statistics from Statistics Canada (2020), this area has an overall crime rate of 7,512.73, which is Average compared to other Canadian cities. However, it's worth noting that the crime rate has decreased by 12.05% over the years, making this a relatively safe neighborhood. Additionally, the drug crime rate is Above Average, with a rating of 390.7, and the property crime rate is Average, with a rating of 3,746.17.
The public transportation system in this area is excellent, with the closest bus station just 0.02 km away from our property. The Eastbound New McLellan Rd @ 124 St bus stop offers convenient access to various parts of Surrey and beyond.
Now, let's talk about the demographics of the area. You'll find that 33.1% of the population in this neighborhood has a university certificate or degree, which is High compared to other BC neighborhoods. On the other hand, 12.1% of the population has no certificate or degree, which is Low compared to the average in BC.
In terms of income, the median household income in this area is $138,459, which is High compared to the BC average. The median personal income is also High, at $43,264. The percentage of households with a mortgage is 52.5%, which is Below Average.
The unemployment rate in this area is 2.2%, which is Low compared to other provinces. The population change between 2011 and 2016 was 3.6%, which is Above Average compared to the average growth rate of this region.
This neighborhood is also family-friendly, with an average family size of 3.1, which is Above Average. The percentage of families with children is 61.5%, and the percentage of married or living common law is 63.8%, both of which are Above Average.
The average age of the population is 43.6, which is Above Average compared to other BC cities. The average value of dwellings in this neighborhood is $1,600,130, which is High compared to other areas in British Columbia.
In terms of housing, the average owner payments are High, at $2,139, while tenants are paying $1,761, which is also High compared to other cities. The percentage of renters in this neighborhood is 11%, which is Below Average compared to other BC cities.
Finally, the language spoken in this area is predominantly English, with 89.9% of the population speaking only English. The percentage of Neither English nor French speakers is 4.4%, which is High compared to other BC cities.
Overall, this neighborhood offers a unique blend of suburban charm, excellent schools, and urban convenience. With its safe and family-friendly environment, excellent public transportation system, and high median income, it's an ideal place to call home.
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