$9,990,000
Listed by: Luxmore Realty · MLS®
Likely needs work. Get contractor quotes before making an offer — renovation costs can exceed expectations.
Subject: $9,990,000 · $9,990/sqft
An incredible opportunity to secure a prime ~0.88-acre rectangular lot with ~300 feet of frontage, located just 500 meters from Surrey Gateway Station. Situated within the Surrey City Centre Plan and designated Tier 3 Transit-Oriented Area under Bill 47, this property supports development of up to 3.0 FAR, unlocking tremendous potential for a medium-density multi-family or purpose-built rental project. Or pursue a higher density with the City of Surrey! With its unbeatable location in one of Metro Vancouver’s fastest-growing urban cores, this site is perfectly positioned for developers and investors ready to capitalize on the City’s next wave of growth. Ideal for rapid build-to-rent or build-to-sell strategies. Act fast, opportunities like this don’t last!
MLS #
R3065274
Status
Active
Type
Residential
Sub-type
Other
Style
Other
Ownership
Freehold NonStrata
Zoning
CD
Bedrooms
1
Full Baths
1
Half Baths
0
Kitchens
0
Fireplaces
0
Living Area
1,000 sqft
Main Floor
1,000 sqft
Lot Size
38,402 sqft
Lot Dimensions
300 x 128
Frontage
300
Age
999 years
Roof
Other
Construction
Other, Other (Exterior)
Structure
Residential Detached
Parking Type
Other
Taxes
$66,181.05/yr
MLS Area
Queen Mary Park Surrey
City
Surrey
Postal Code
V3R 5Y4
Heating
Other
Flooring
Other
Exterior Features
No Outdoor Area
View
Potential water views
Lot Features
Central Location
Water Source
Public
Sewer
Public Sewer, Sanitary Sewer
Utilities
Electricity Connected, Water Connected
Property Disclosure
No
Coordinates: 49.204201, -122.850900 · Map data © Google
Above Market
Deal Score out of 10
Priced above comparable sales — may have room to negotiate.
Building permit history is currently available for City of Vancouver properties only.
Suggested Offer
$9,428,655
5.6% below list price
Negotiation Range
$9,178,905 – $9,578,505
$399,600 spread
Based on 66 recent sales, a starting offer around $9,428,655 (5.6% below list price) is reasonable. Your negotiation range is $9,178,905 – $9,578,505.
What's factored in
Based on 66 residential sales in Surrey (last 60 days) · Updated Jun 22
