+24 more
$1,139,000
Listed by: Century 21 Coastal Realty Ltd. · MLS®
Excellent opportunity to own a beautiful Home and great Holding Property in Downtown Surrey City Centre! Area designated as multi-family in the Official Community Plan (OCP) zoned for Midrise with 2.5 FAR. Check with City This cash-flowing property sits on a huge 7,928 sq ft lot with incredible future redevelopment potential. Located just 350 metres from the SkyTrain, this is a prime investment opportunity. Features 4 bedrooms & 3 bathrooms The basement suite has 2 bachelor suites below, providing excellent mortgage help. Walking distance to SkyTrain, recreation centre, library, City Hall, Simon Fraser University, SFU Medical School, shopping, restaurants, T&T Supermarket, Walmart & more. Excellent holding property in Downtown Surrey
MLS® #
R3159469
Status
Active
Type
Residential
Sub-type
Single Family Residence
Ownership
Freehold NonStrata
Bedrooms
5
Full Baths
3
Half Baths
0
Fireplaces
2
Living Area
2,017 sqft
Main Floor
1,009 sqft
Basement
Yes
Lot Size
7,928 sqft
Lot Dimensions
60 x 132
Frontage
60
Year Built
1960
Age
66 years
Structure
Residential Detached
Parking Stalls
6
Parking Type
Open, Front Access
Taxes
$7,420.42/yr
MLS® Area
Whalley
City
Surrey
Postal Code
V3T 3Y4
Heating
Electric · Natural Gas
Appliances
Washer/Dryer · Refrigerator · Stove
Fireplace
Wood Burning
Interior Features
Storage
Exterior Features
Garden · Balcony · Private Yard
Lot Features
Central Location, Recreation Nearby
Community
Shopping Nearby
Coordinates: 49.200588, -122.854620 · Map data © Google
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Transit-Oriented Area — Tier 2
~350 m from Gateway SkyTrain station
Provincial law requires the city to allow at least 4.0 FAR and 12 storeys for residential here — well above typical single-family zoning. Potential land-assembly interest from developers.
Multiplex potential: on a ~737 m² lot, BC’s small-scale housing law requires the municipality to allow at least 4 units (up to 6 near frequent transit), where it applies.
~350 m straight-line to Gateway SkyTrain
Screening estimate from provincial regulations (TOA station points, B.C. Reg. 263/2023 & 265/2023; small-scale multi-unit housing rules). Distances are straight-line; actual TOA maps are set by municipal bylaw and some parcels (heritage, ALR, exempt areas) are excluded. Confirm with the municipality before relying on it.
Not in the Agricultural Land Reserve.
The listing’s flood plain disclosure is available to registered users. Create a free account or sign in.
ALR from the Agricultural Land Commission via DataBC (point check at the listing’s mapped location). Flood plain is the listing brokerage’s disclosure. Confirm both with the municipality and your lawyer.
Building permit history is currently available for City of Vancouver properties only.
