15442 40 Ave, Surrey, BC, MLS® R3059247

$3,888,800
Est. Mortgage /mo

NEW

$3,888,800
Est. Mortgage /mo
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
4 Beds
2 Baths
2 Stories
lot 435469 sqft
2194 sqft
1969 built
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Map
Street view
Schools
Crime
Commute
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15442 40 Ave, Surrey, BC | MLS® R3059247 Property Details

If you are looking for a farm land BUSINESS and an INVESTMENT PROPERTY! You have to see this gorgeous 10.00 acres farm land located in 40th Avenue and a lot away from 152 Street. Easy access to lower mainland area & Hwy 99. Very close to Morgan Creek Golf Course - one of the best Golf Course in Fraser Valley. The 2,194 sqft home features 4 beds and 2 baths plus 7,000 sqft WAREHOUSE! 4 qualified CANNABIS. GROWING LICENSES, 3 phase power and rich soil ideal for nursery business and other uses, all fall under A-1 Agricultural zoning. Nicmekl River separates this farm land from Rosemary Heights. Don't miss this opportunity!

General Info

Price $3,888,800
Total Bedrooms 4
Total Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 2194
Lot Size 9.997
Lot Size Depth Feet
Lot Size Frontage 985
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 1969
Age Of Building 56
Building Type Single Family Residence
Property Type Residential
Stories 2
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS® # R3059247
Area South Surrey White Rock
Neighbourhood Morgan Creek
City Surrey
Gross Taxes $7,150.07
Ownership Type Freehold NonStrata
Maintenance Fee -

Heating & Cooling

Fireplace -
Heating Type Electric

Utilities

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

Parking

Parking Type Open
Total Parking Spaces -

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Strata Restrictions -
Rental Restrictions -
Zoning A-1
Rental Suites None
Laundry In Unit
# of Kitchens 1
Flooring Wall/Wall/Mixed
Foundation Slab
Locker -
View -
View Description -
Units In Development -
Exterior Features No Outdoor Area
Sewer Septic Tank
Roof Asphalt

Property History

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Status Date Price
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Listed by: eXp Realty of Canada Inc.

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 Info

Public Schools

Elementary
Rosemary Heights Elementary School
Above Average
0.86 km
7/10
Secondary
Earl Marriott Secondary School
4.77 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
2.93 km
Elementary, Secondary
Southridge School
2.93 km

Closest Transit

Bus Stop
Northbound 152 St @ 40 Ave
0.41 km
Skytrain
Skytrain @ Hillcrest/ 184 st Station ( Under Construction till 2029)
8.55 km

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
Possible
Close to Cemeteries
Unlikely

Welcome to 15442 40 Avenue, Surrey, BC - A Charming Neighborhood with Endless Opportunities

Education:

Located in the heart of Surrey, 15442 40 Avenue is nestled within the talented Rosemary Heights Elementary School community. This prestigious institution boasts a rating of 7/10, making it an ideal choice for families. The property, listed as MLS# R3059247, is conveniently situated just 0.86 km from the school, ensuring your child's education is always within reach.

Just a short drive away, your child will also have access to Earl Marriott Secondary School, with a rating of No Rating. For those seeking a more personalized education experience, the closest elementary independent school is Southridge School, boasting a stellar rating of 10/10 and located just 2.93 km from your new home.

Safety and Security:

As a concerned homeowner, you'll be pleased to know that 15442 40 Avenue, Surrey, BC, is a safe and secure neighborhood. According to Statistics Canada's 2020 report, the overall crime rate in this area is 7,512.73, which is Average compared to other Canadian cities. With a -12.05% year-over-year change in the total crime rate, you can rest assured that this community is committed to maintaining a safe environment.

Looking at specific crime rates, we see that drug crime is Above Average, with a rating of 390.7 and 2,339 disturbances in 2020. However, with a 16.32% year-over-year change in the illegal substances offences ranking, the community is actively working to address this issue.

Demographics and Lifestyle:

This charming neighborhood is home to a diverse community of residents. According to the latest statistics, 19.3% of the population holds a university certificate or degree, which is Average compared to other BC neighborhoods. Additionally, 18% of the population has no certificate or degree, also Average compared to the province.

In terms of household income, the median household income in this area is $98,240, which is High compared to the British Columbia average. Median personal income is $33,493, Average compared to the province. Furthermore, 62.9% of households in this area have a mortgage, which is Above Average.

Transit and Commuting:

Getting around 15442 40 Avenue, Surrey, BC, is effortless, thanks to the nearby Northbound 152 St @ 40 Ave bus station, just 0.41 km away. This convenient transit option allows you to easily connect with other parts of the city.

Real Estate Context:

As a homeowner, you'll appreciate the neighborhood's high average dwelling value of $1,263,162, which is High compared to other areas in British Columbia.

Community Amenities:

This neighborhood offers a range of community amenities, including parks, beaches, trails, dog parks, shopping malls, grocery stores, restaurants, and coffee shops. The nearby Morgan Creek community is a hub of activity, with a population change of 24.9% between 2011 and 2016, which is High compared to average growth rates in the region.

Population and Demographics:

The population density in this area is 103.5 people per square kilometer, which is Below national average. The average family size is 3, which is Above Average compared to the whole region. Furthermore, 58.7% of families in this area have children, which is Average. A significant 62.9% of the population is married or living common law, which is Above Average.

Average Value of Dwellings:

The average value of dwellings in this neighborhood is $1,263,162, which is High compared to other areas in British Columbia.

Homeowner and Tenant Information:

In this area, homeowners spend an average of $2,020 per month on their dwelling, which is High. Tenants, on the other hand, pay an average of $1,140 per month, which is Above Average compared to other cities.

Language and Transportation:

The majority of residents in this area speak English, with 89.8% of the population speaking only English. A small percentage, 4.1%, speak both English and French, which is Below Average. Furthermore, 6% of the population speaks neither English nor French, which is High compared to other BC cities.

Conclusion:

15442 40 Avenue, Surrey, BC, is a charming neighborhood that offers a unique blend of education, safety, demographics, and lifestyle amenities. With its convenient location, access to public transportation, and community amenities, this property is an excellent choice for anyone looking to call this beautiful neighborhood home.

Local Info

Calculate your monthly mortgage payments

/month
Principal & Interest
Property Taxes $202
Maintenance fee 0
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Cash Flow Analysis

/month
Mortgage Payment $3201
Monthly Payment $3802
Break Even Down Payment 0%
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Price Evaluation Chart

Filter
Beds Home Types Square Feet Lot Size Year Built
This Home $3,888,800
Surrey No comparables
Morgan Creek No comparables
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
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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