155 188 St, Surrey, BC, MLS® R3015750

$5,500,000
Est. Mortgage /mo

16.7% price reduce

$5,500,000
$6,600,000
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
4 Baths
1 Stories
lot 224769 sqft
3645 sqft
1990 built
Show more info
Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

155 188 St, Surrey, BC | MLS® R3015750 Property Details

16.7% price reduce

5.16-acre investment property with future development potential in one of Surrey’s emerging neighbourhoods. NOT located in the ALR. The site includes a beautifully maintained 4,300 sq.ft. home with strong rental income potential of over $6,000 per month. Showing requests must be submitted with a minimum of 48 hours’ notice.

General Info

Price $5,500,000
Total Bedrooms 4
Total Bathrooms 2
Half Bathrooms 2
Floor Area Total (sqft) 3645
Lot Size 5.16
Lot Size Depth Metres
Lot Size Frontage 185.37
Basement Unfinished
Basement Features BasementFeatures

Property Metrics

Year Built 1990
Age Of Building 35
Building Type Single Family Residence
Property Type Residential
Stories 1.5
Appliances Included Washer/Dryer
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS® # R3015750
Area South Surrey White Rock
Neighbourhood Hazelmere
City Surrey
Gross Taxes $12,505.45
Ownership Type Freehold NonStrata
Maintenance Fee -

Heating & Cooling

Fireplace -
Heating Type Forced Air

Utilities

Utility Type Electricity Connected
Utility Sewer Public Sewer
Water (WaterSource) Public

Parking

Parking Type Garage Double, Front Access
Total Parking Spaces -

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Strata Restrictions -
Rental Restrictions -
Zoning A-1
Rental Suites -
# of Kitchens 1
Flooring Mixed
Foundation Block
Locker -
View -
View Description -
Units In Development -
Exterior Features Balcony
Sewer Public Sewer
Roof Asphalt

Property History

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Status Date Price
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Listed by: Homelife Advantage Realty (Central Valley) Ltd.

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
Halls Prairie Elementary School
2.04 km
Secondary
Earl Marriott Secondary School
6.77 km

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

Private Schools

Elementary
Roots and Wings Montessori
2.46 km
Elementary, Secondary
Southridge School
7.52 km

Closest Transit

Bus Stop
Eastbound 20 Ave @ 198 St
4.27 km
Skytrain
Skytrain @ Langley City Centre Station ( Under Construction till 2029)
11.72 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
Unlikely
Close to Cemeteries
Unlikely
Welcome to 155 188 Street, Surrey, BC - Your Dream Home Awaits!

As we step into the vibrant community of Hazelmere, I'm excited to share with you the unique features and benefits of this stunning property, MLS# R3015750. Nestled in a desirable location, this home offers the perfect blend of comfort, convenience, and lifestyle.

Education

Let's start with the educational institutions that serve this area. Just a short 2.04 km from your new home is Halls Prairie Elementary School, which has a rating of No Rating. As a parent, you'll appreciate the proximity to this school, making it easy to attend parent-teacher conferences or drop off your little ones. Additionally, Earl Marriott Secondary School is located 6.77 km away, offering a great option for older students.

If you're looking for alternative education options, Roots and Wings Montessori is the closest elementary independent school, located 2.46 km from your new home, with a rating of No Rating. For secondary independent schooling, Southridge School is the closest, boasting a Rating 10/10, and located 7.52 km away.

Safety

Let's talk about safety. According to the latest crime statistics from Statistics Canada (2020), the overall crime rate near 155 188 Street, Surrey, BC is 7,512.73, which is Average compared to other Canadian cities. The crime rate has actually seen a decrease of -12.05% year-over-year. You can feel at peace knowing that your new home is located in a relatively safe area.

Demographics

The community surrounding your new home is a diverse and vibrant one. According to the latest data, 27.5% of residents in this area have a university certificate/degree, which is Above Average compared to other BC neighbourhoods. On the other hand, 9.4% of the population have no certificate or degree, which is Low compared to the average in BC.

In terms of income, the median household income near your new home is $94,950, which is High compared to the British Columbia average. The median personal income in this area is $37,818, also Above Average compared to the BC average.

Lifestyle Amenities

Your new home is conveniently located near a variety of lifestyle amenities, including parks, beaches, trails, dog parks, shopping malls, grocery stores, restaurants, and coffee shops. The closest Bus station is Eastbound 20 Ave @ 198 St, just 4.27 km away.

Transit

Getting around is easy with public transportation options available. The closest Bus station is Eastbound 20 Ave @ 198 St, just 4.27 km away from your new home.

Real Estate Context

The average value of dwellings in this neighbourhood is $1,355,085, which is High compared to other areas in British Columbia. The average owner payments are also High in this area, with owners spending an average of $1,911 on their dwellings. Tenants, on the other hand, are paying an average of $1,676 per month.

Community

The community surrounding your new home is a thriving one, with a mix of families and renters. The average size of families in this area is 2.9, which is Average compared to the whole region. The percent of families with children in this area is 57.9%, which is Average. The percent of married or living common law couples is 66.3%, which is Above Average.

Unemployment Rate

The unemployment rate in this area is 5.7%, which is Below Average compared to other province neighbourhoods.

Population Growth

The population change between 2011 and 2016 in this area was 38.9%, which is High compared to average growth rate of this region.

Transportation

The average mode of transportation in this area is by car, with 92.2% of residents using cars. Only 3.9% of residents use public transport, which is Below Average. 0.4% of residents use bicycles, which is Low. 2.4% of residents walk, which is also Below Average.

In conclusion, 155 188 Street, Surrey, BC - MLS# R3015750 is a fantastic opportunity to own a beautiful home in a desirable location. With its proximity to excellent schools, safe community, and convenient lifestyle amenities, this property is sure to please even the most discerning buyer.

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 $5,500,000
Surrey No comparables
Hazelmere 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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