Home > All listings > 11411 Loughren Drive

$1,249,000

^$100,000

11411 Loughren Drive

Bolivar Heights, Surrey, BC, V3R 4Z5

6 | 5 | 6 | 2,632 sq.ft. | Year Built: 1958 |

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Invester Alert! this stunning house in a huge 7687 sqft lot located at Bolivar Heights, with two self-contained rental suites (2-bed and a bachelor), each with its own private entrance, great income for mortgage helper. Well maintained and partly renovated in 2017 and 2024. This property sits at the heart of Surrey, 5 mins to Guilford Town Centre. Build your dream house or keep it can build later. Make your private showing today.

Property Info

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MLS®: R2990515

Listing Courtesy of Metro Edge Realty

Total Bedrooms 6

Total Bathrooms 5

Floor Space 2632 sq.ft.

Lot Size 7748 sq.ft.

Title Type Freehold NonStrata

Style 1 1/2 Storey

Date Listed XXXX-XX-XX

Property Type House

Listed Price $1,249,000

Unit Pricing $475/sq.ft.

Strata Fee $0.00

Tax Estimate $4,848/Year

Year Built 1958

Interior Features

Rooms

Main Living Room 18' * 11'

Main Dining Room 10' * 9'2

Main Kitchen 13'4 * 10'

Main Foyer 6' * 4'

Main Family Room 13'8 * 9'

Main Laundry 8'4 * 7'4

Main Kitchen 3' * 3'

Above Primary Bedroom 13'4 * 11'6

Above Bedrooms 11'8 * 10'4

Above Bedrooms 10'4 * 9'6

Bsmt Living Room 16'2 * 1'

Bsmt Bedrooms 10'6 * 10'2

Bsmt Bedrooms 10'2 * 9'8

Bsmt Kitchen 9'11 * 8'5

Bsmt Library 2'11 * 5'7

Bsmt Foyer 3'4 * 4'1

Bsmt Storage 10'9 * 7'9

Below Bedrooms 13' * 11'

More Details

Storey 2

Floor Space Finished 2632.00 sq.ft.

Roof XXXXXXX

Zoning SFR

Floor Finish XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX

Exterior Finish XXXXXXXXXXXXXXXXXXXXXXXXXXX

Out Door Area XXXXXXXXXX

Parking Additional Parking, Open, Front Access

Parking Total 6

Fuel Heating Electric, Natural Gas

Water Supply XXXXXX

Foundation Concrete Perimeter

Summary

Location and General Information

MLS Area Major: North Surrey
Street Name: Loughren
City: Surrey
State Or Province: BC
Postal Code: V3R 4Z5
Year Built Effective: 2023
Property Type: Residential
Property Sub Type: Single Family Residence

Taxes and HOA Information

Tax Year: 2024

Interior and Exterior Features

Bathrooms Information

Bathrooms Full: 5

Interior Features

Fireplaces Total: 2
Flooring: Hardwood, Tile, Wall/Wall/Mixed, Carpet
Basement: Crawl Space, Full, Exterior Entry

Exterior Features

Exterior Features: Private Yard
Roof: Asphalt

Property

Utilities

Sewer: Public Sewer, Sanitary Sewer
Water Source: Public

Property and Assessments

Foundation Details: Concrete Perimeter
Year Built: 1958
Year Built Effective: 2023
Lot Size Square Feet: 7748
Building Area Total: 2632
Living Area: 2632

Lot Information

Lot Features: Central Location, Cul-De-Sac, Recreation Nearby
Parcel Number: 001923374

Sold History

Selling

R2990515 House Apr 13, 2025 Listed $1,349,000

R2839266 House Feb 3, 2024 Sold $1,170,000

R2822698 House Jan 4, 2024 Removed $1,365,000

R2731981 House Apr 18, 2023 Removed $1,398,000

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City Introduction

Overview of Surrey, BC, Canada

Population

Surrey is an important city in the Greater Vancouver region of British Columbia, with a population of approximately 682,000 (2024 data). Surrey is a multicultural city, with about 45% of residents belonging to visible minorities, including a significant South Asian community (26.1%) and a Chinese community (9%). Additionally, around 56% of residents speak a primary language other than English, reflecting its cultural diversity.

Economy

Key Industries: Healthcare, technology, retail, and logistics. The Surrey government has invested over CAD 16 billion in developing the healthcare and technology sectors, aiming to make Surrey a medical research hub in Canada.
Commercial Centers: Surrey's commercial areas are mainly concentrated in the downtown and surrounding regions, attracting both consumers and investors.
Educational Resources: Surrey is home to several high-quality schools and training institutions, such as Simon Fraser University (SFU) and Kwantlen Polytechnic University (KPU), contributing to a skilled workforce and fostering innovation.

Living Features

Natural Environment: Surrey boasts abundant natural landscapes, including numerous community parks and recreational centers, ideal for outdoor activities.
Transportation: Surrey is well-connected to downtown Vancouver via SkyTrain and bus systems, with a commute time of about 30 minutes.
Multiculturalism: The city's diverse communities and cultural events make it an inclusive and vibrant place to live.

Real Estate Investment

Prices: Surrey's housing prices are relatively moderate compared to Vancouver, with detached homes averaging $1.5 million CAD and condos around $700,000 CAD (2024).

Opportunities:

Stable rental market: Surrey's universities and job opportunities attract a steady stream of renters, ensuring high rental yields.
Long-term growth potential: Proximity to downtown Vancouver and ongoing infrastructure projects support sustained property value growth.

Risks:

Foreign buyer taxes (20%) and vacancy taxes may increase investment costs.
Rapid price increases in some areas require careful timing for investments.

Verdict

Surrey is ideal for those seeking a high quality of life and long-term investment. Popular residential areas include the downtown core and surrounding neighborhoods, while properties near transportation hubs are attractive for investors.

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