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$3,000,000

10492 CITY PARKWAY

Surrey BC V3T 4C5 - Whalley

1 bd

0 ba

6,431 sqft

Built 1972

About This Property

INVESTOR ALERT! Don't miss out on this exceptional opportunity to own a PRIME income-producing property in the path of redevelopment. Located in the heart of Central Surrey between the new Concord Pacific "Piano" (50+ storey 1,000+ units, FAR 7.5) and the new BOSA "Parkway" (50+ storey 2,000+ units, FAR 7.5), this 7,482 sq.ft corner property could be part…

Features

Open

Guest

Room measurements1 rooms▸

BedroomMain · 10' × 8'

Property Details

MLS NumberR2925540

Property TypeOther

Bedrooms1

Bathrooms0

Square Feet6,431

Lot Size7,458 sqft

Year Built1972

HeatingForced Air

StatusClosed

Listed ByeXp Realty of Canada, Inc.

School Catchment

Elementary K.B. Woodward

Secondary Kwantlen Park View homes in catchment →

Neighbourhood

Highlighted area = this home's census tract (StatCan), the boundary the neighbourhood stats describe.

$388,000Median home value

$62,400Median household income

34.4%Owner-occupied

2.6%Single-detached homes

2Avg household size

34.4Median age

38.8%Bachelor's degree or higher (25-64)

38.6%Commute under 30 min

54.3%Drive to work

47.4%Foreign-born residents

4,363Neighbourhood population

Age

Under 1511.8%
15 to 6478.6%
65 and over9.6%

Household size

1 person42.4%
232%
313.7%
47.3%
5 or more4.5%

Language spoken at home

37.1% English mother tongue

Tagalog7.7%
English + other7.5%
Punjabi6.6%
Mandarin5.5%
Korean3%
Cantonese2.7%
All others29.9%

Mother tongue, share of 4,290 residents.

How this pocket differs

fewer seniors 65+ than Whalley 9.6% vs 12.4%
notably fewer 5+ person households than Whalley 4.5% vs 9.3%
fewer 4-person households than Whalley 7.3% vs 10.5%
more people living alone than Whalley 42.3% vs 35%
fewer Punjabi speakers than Whalley 6.6% vs 9%
more Korean speakers than Whalley 3% vs 2.5%
Median household income is lower than Metro Vancouver $62,400 vs $90,000
Median dwelling value is notably lower than Metro Vancouver $388,000 vs $1,050,000

Source: Statistics Canada, Census of Population, 2021. Reproduced and distributed on an "as is" basis with the permission of Statistics Canada.

Land & Development

ZoningC15Bylaw (PDF) ↗

Lot size7,437 sqft

Lot dimensions60 × 125 ft

Lot shapeRectangular

Transit-oriented potential (Bill 47 / TOA)

Transit areaTier 2within 400 m of a station

Max density4 FAR

Max height12 storeys

Est. buildable~29,889 sqft

Nearest stationGateway Station310 m away

Within a provincially designated Transit-Oriented Area, this lot may support up to 4 FAR / 12 storeys regardless of base zoning. Provincial minimums and approximate — municipal rezoning, servicing and parking standards still apply.

Approximate lot lines (ParcelMap BC)

Zoning, lot dimensions and grade are approximate, from public data, and for reference only — verify with the City / Township of Langley before relying on them.