$7,750,000
18601 88 Avenue, Surrey, V4N 5T1
Listed by: Homelife Advantage Realty Ltd. · MLS®
3 Bedrooms 3 Bathrooms 2,915 sqft Built 2003 Residential
About This Property
A well-located holding property with short- to mid-term potential, minutes from the Anniedale -Tynehead NCP. The site includes a well-maintained home and two greenhouses, currently generating approx. $3,500/month from a quality tenant, offering stable interim income while held for future redevelopment. Feel free to drive by to get a feel of the location.The property is sold on an As Is where is Basis and the Buyer, Buyer’s agent to verify all relevant details.Note: The adjacent property: 18555 88 Ave is presently under construction for a 70,000 SF Church.
Property Details
MLS® #
R3130599
Status
Active
Type
Residential
Sub-type
Single Family Residence
Ownership
Freehold NonStrata
Bedrooms
3
Full Baths
2
Half Baths
1
Living Area
2,915 sqft
Main Floor
2,228 sqft
Lot Size
260,924.4 sqft
Lot Dimensions
102.24 x 236.84
Frontage
335.43
Year Built
2003
Age
23 years
Structure
Residential Detached
Features & Finishes
Heating
Forced Air · Natural Gas
Appliances
Washer/Dryer · Dishwasher · Refrigerator · Stove
Building & Community
Lot Features
Private
Location
Open in Google MapsCoordinates: 49.163010, -122.707393 · Map data © Google
Draft CPS Offer
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Redevelopment Potential
Multiplex potential: on a ~24,241 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.
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.
