7787 138 ST, Surrey BC V3W 6A4, Surrey, BC

$1,250,000
Est. Mortgage /mo

MLS® R2947397

Closed

$1,215,000
Closed at 13 Mar 2025
Listing price: $1,250,000
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Go See This Home Now
4 Beds
3 Baths
1 Stories
lot 7168 sqft
2000 sqft
1976 built
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Property details

Prime Development Opportunity in East Newton! 7787 138 St offers an exceptional investment with tremendous potential. Located in a Frequent Bus Stop Area, this property is zoned for up to 6 residential units, making it an attractive prospect for developers and investors. Strategically positioned with convenient access to multiple amenities: Bear Creek Elementary: 3-minute walk Frank Hurt Secondary: 7-minute walk Newton Rec Centre and Transit Exchange: 20-minute walk Shopping centers including Superstore and Costco: Within 15-minute walking radius Lot size and development potential make this more than just a property—it's a strategic real estate opportunity. Contact your agent for Showing instructions.

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Property History

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Status Date Price
Sold 03-13-2025 $1,250,000

Listed by:

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
Bear Creek Elementary School
Below Average
0.42 km
Rating 3.7/10
Secondary
Frank Hurt Secondary School
0.36 km
No Rating

Part of this information is provided by the Province of British Columbia under the Open Government License for Government of BC Information v.BC1.0. School boundaries and other statistics changes frequently and is for general informational purposes only. You should not use such information in determining the legal eligibility to attend any particular school.

Private Schools

Elementary
G.A.D. Elementary School
Above Average
0.6 km
Rating 7.9/10
Elementary
G.A.D. Elementary School
Above Average
0.6 km
Rating 7.9/10

Closest Transit

Translink
Northbound King George Blvd @ 78 Ave
0.37 km

7787 138 STREET, Surrey BC V3W 6A4 is serviced by Bear Creek Elementary School. The property with listing MLS® R2947397 is located 0.42 km from the school. Bear Creek Elementary School has a rating of Rating 3.7/10.

This home with address 7787 138 STREET, Surrey BC V3W 6A4, Surrey, BC is also serviced by Frank Hurt Secondary School and located 0.36 km from it. Frank Hurt Secondary School has a rating of No Rating.

The closest Elementary independent school to this home for sale located at 7787 138 STREET, Surrey BC V3W 6A4 is G.A.D. Elementary School with School's rating Rating 7.9/10, located 0.6 km from this home.

The closest to this address 7787 138 STREET, Surrey BC V3W 6A4 Secondary independent school is G.A.D. Elementary School with School's rating Rating 7.9/10, located 0.6 km from this home

The freshest crime data from Statistics Canada are from 2020. There were 44,976 volation disturbances in this neighbourhood. The overall crime rate near the address - 7787 138 STREET, Surrey BC V3W 6A4, Surrey, BC is 7,512.73. Rate is the amount of incidents per 100,000 population. Comparing to other Canadian cities it has Average rate in 2020. Year by year change in the total crime rate is -12.05%

Drug crime rate next to the listing MLS® R2947397 is Above Average comparing to other neighbourhoods. The illegal substances offences rating is 390.7. There were 2,339 illegal substances lawbreaking disturbances in this city in 2020 . Year by year change in the illegal substances offences ranking is 16.32%

Property crimes in the neighbourhood close to real estate listing for sale 7787 138 STREET, Surrey BC V3W 6A4 are Average. Property misconduct rating adjacent to MLS® R2947397 is 3,746.17. There were 22,427 in the neighbourhood in 2020. Year by year change in the property misconduct rate is -16.98%

There were 7,844 violent lawbreaking disorders in 2020. 1,310.25 and it is Below Average rate comparing to other BC municipalities. Year by year change in the violent crime rate is -11.37%

The closest Bus station is Northbound King George Blvd @ 78 Ave in 0.37 km away from this listing with - MLS® R2947397.

14.4% of people with university certificate/degree live in this neighbourhood adjacent to the 7787 138 STREET, Surrey BC V3W 6A4 which is Below Average in comparison with other BC neighbourhoods. 23.2% of population in this neighbourhood that is near the Listing MLS® R2947397 have no certificate or degree. This number is Above Average compared to the average in BC.

Median Household Income near this dwelling with the address 7787 138 STREET, Surrey BC V3W 6A4, Surrey, BC is $59536 which is Below Average in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® R2947397 is $28160 which is Below Average in comparison with the BC average. % of the Households with a mortgage in this census subdivision is 68.2% which is Above Average.

Unemployment rate in the area around Real Estate Listing # R2947397 is 8.2 which is Average in comparison to the other province neighbourhoods.

This real estate is located in 7787 138 STREET, Surrey BC V3W 6A4 East Newton where population change between 2011 and 2016 was 5.9%. This is Above Average in comparison to average growth rate of this region.

Population density per square kilometre in this community near the address 7787 138 STREET, Surrey BC V3W 6A4, Surrey, BC is 3030.3 which is Above Average people per sq.km.

Average size of families in the area adjacent to home for sale 7787 138 STREET, Surrey BC V3W 6A4 is 3. This is Above Average number in comparison to the whole region. Percent of families with children near by the Real Estate Listing - MLS® R2947397 is 68.4% and it is Above Average. % of Married or living common law is around 53.4% and it is Below Average.

Average age of the population close to the 7787 138 STREET, Surrey BC V3W 6A4 is 41.3 . This percentage is Average in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 7787 138 STREET, Surrey BC V3W 6A4, Surrey, BC is $271411 and this is Below Average comparing to other areas in British Columbia

Average Owner payments are Below Average in the area adjacent to 7787 138 STREET, Surrey BC V3W 6A4. $1080 owners spent in average for the dwelling. Tenants are paying $1132 in this district close to MLS® R2947397 and it is Above Average comparing to other cities.

28.3% of Population in this district near the 7787 138 STREET, Surrey BC V3W 6A4 are Renters and it is Above Average comparing to other BC cities and areas.

% of English and French speakers around real estate listing 7787 138 STREET, Surrey BC V3W 6A4, Surrey, BC is 4.3%, it is Below Average, % of English speakers only is 91.9% and Average. % of French speakers adjacent to 7787 138 STREET, Surrey BC V3W 6A4 only is 0.1% and it is Low. % of Neither English nor French speakers close to home for sale 7787 138 STREET, Surrey BC V3W 6A4, Surrey, BC is 3.7% and it is High comparing to other BC cities.

21.3% of all population in the area around this property with the address 7787 138 STREET, Surrey BC V3W 6A4, Surrey, BC using Public Transport which is Above Average, 73.5% of using population are using Cars around MLS® R2947397, which is Below Average. 0.3% of people using Bicycles around the 7787 138 STREET, Surrey BC V3W 6A4 and it is Low. 3.5% of population are walking which is Average

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Local Info

Calculate your monthly mortgage payments

/month
Principal & Interest
Property Taxes $202
Maintenance fee 0
All calculations are estimates and provided by Estateblock.com for informational purposes only. Actual amounts may vary.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Estateblock.com from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates. Insurance rates are very approximate and for informational purposes only.

Cash Flow Analysis

/month
Mortgage Payment $3201
Monthly Payment $3802
Break Even Down Payment 0%
All calculations are estimates and provided by Estateblock.com for informational purposes only. Actual amounts may vary.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Estateblock.com from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates. Insurance rates are very approximate and for informational purposes only.

Price Evaluation Chart

Filter
Beds Home Types Square Feet Lot Size Year Built
This Home $1,250,000
Surrey $1,396,931
East Newton $1,265,000
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
Call or Text Now!
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