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$340,000

005 11077 RAVINE ROAD

Surrey BC V3T 0R7 - Whalley
1 ba
337 sqft
Built 2022

About This Property

" CASH - FLOW - POSITIVE - making this a rare opportunity for investors or first-time buyers " Rented for $1,650 per month + Utilities. Welcome to Ledgeview by Quadra Homes, where luxury and convenience meet just steps from Gateway Skytrain Station. This stylish studio offers a private patio, a dedicated parking stall, and a modern kitchen with quartz…

Features

Elevator
Garden
Playground
Underground
Shopping Nearby
Room measurements6 rooms
Living RoomMain · 7'6 × 9'5
KitchenMain · 5'7 × 13'1
Dining RoomMain · 8'10 × 5'8
PatioMain · 7'1 × 9'5
FoyerMain · 5'7 × 6'4
LaundryMain · 5'2 × 2'10

Property Details

MLS NumberR2944247
Property TypeApartment/Condo
Bathrooms1
Square Feet337
Year Built2022
Parking Spaces1
HeatingBaseboard, Electric
Strata Fee$164/mo
StatusClosed
Listed ByStonehaus Realty Corp.

School Catchment

Elementary Theresa Clarke Elementary
Secondary Kwantlen Park View homes in catchment →

Neighbourhood

Highlighted area = this home's census tract (StatCan), the boundary the neighbourhood stats describe.
$472,000Median home value
$63,600Median household income
56%Owner-occupied
11.6%Single-detached homes
2.3Avg household size
40Median age
31.4%Bachelor's degree or higher (25-64)
32.8%Commute under 30 min
62.1%Drive to work
52.5%Foreign-born residents
2,917Neighbourhood population

Age

Under 15: 13%15 to 64: 69.5%65 and over: 17.5%
  • Under 1513%
  • 15 to 6469.5%
  • 65 and over17.5%

Household size

  • 1 person39.2%
  • 228.3%
  • 315%
  • 410%
  • 5 or more7.5%

Language spoken at home

44.1% English mother tongue

  • Punjabi6.2%
  • English + other5.7%
  • Mandarin5.5%
  • Tagalog5.5%
  • Spanish3.3%
  • Cantonese3.1%
  • All others26.6%

Mother tongue, share of 2,730 residents.

How this pocket differs

  • more seniors 65+ than Whalley 17.5% vs 12.4%
  • fewer Punjabi speakers than Whalley 6.2% vs 9%
  • more Spanish speakers than Whalley 3.3% vs 2.5%
  • fewer Tagalog speakers than Whalley 5.5% vs 7.2%
  • more Korean speakers than Whalley 3.1% vs 2.5%
  • Median household income is lower than Metro Vancouver $63,600 vs $90,000
  • Median dwelling value is notably lower than Metro Vancouver $472,000 vs $1,050,000

Source: Statistics Canada, Census of Population, 2021. Reproduced and distributed on an "as is" basis with the permission of Statistics Canada.

Monthly Cost Calculator

Estimated monthly cost $1,874
Mortgage payment$1,539
Strata fee$164
Property tax$126
Home insurance$45
Partner Rates Available Contact us for preferred mortgage rates

An estimate only. Canadian semi-annual compounding; excludes utilities, closing costs and BC property transfer tax. 5-year fixed, as of Aug 6

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