+16 more
$1,494,900
Listed by: Century 21 Coastal Realty Ltd. · MLS®
Best-Priced 0.7-Acre Townhome Development Opportunity! Exceptional investment, holding & development property designated for up to 30 units per acre under the approved South Newton NCP. Rare 0.70-acre (30,509 SF) flat, usable lot in the heart of East Newton, with all City services at the lot line. Excellent location close to transit, schools, shopping & amenities, with easy access to King George Blvd & Hwy 10. Convenient bus access to King George Sky-Train Station. Features a solid, well-maintained character rancher, ample parking & $6,050/month rental income. Neighbouring owners to the south are willing to sell or cooperate in a joint development, offering added potential. Property contains unauthorized accommodations. TRY ALL OFFERS!
MLS® #
R3177335
Status
Active
Type
Residential
Sub-type
Single Family Residence
Style
Rancher/Bungalow
Ownership
Freehold NonStrata
Bedrooms
6
Full Baths
4
Half Baths
0
Fireplaces
1
Living Area
2,892 sqft
Main Floor
2,892 sqft
Basement
Yes
Lot Size
30,509 sqft
Lot Dimensions
120 x 253.6
Frontage
120
Year Built
1964
Age
62 years
Structure
Residential Detached
Parking Stalls
10
Garage Spaces
2
Parking Type
Garage Double, Front Access, Aggregate
Taxes
$10,736.52/yr
MLS® Area
East Newton
City
Surrey
Postal Code
V3W 5G6
Subdivision
East Newton
Heating
Forced Air · Natural Gas
Appliances
Washer/Dryer · Dishwasher · Refrigerator · Stove
Laundry
In Unit
Fireplace
Wood Burning
Lot Features
Central Location, Near Golf Course, Greenbelt, Recreation Nearby
Accessibility
Wheelchair Access
Community
Shopping Nearby
Coordinates: 49.119936, -122.839261 · Map data © Google
Watch this home
Get an email when the price changes, it sells, or it goes off the market. Sign in or create a free account.
Multiplex potential: on a ~2,834 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.
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.
