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…
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!
Features
No Outdoor Area
Other
Room measurements2 rooms▸
Living RoomMain · 5' × 5'
BedroomMain · 3' × 3'
Floor plan
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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.
Monthly Cost Calculator
Estimated monthly cost$53,365
Mortgage payment$47,350
Property tax$5,515
Home insurance$500
Partner Rates Available
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Monthly cost
Estimated monthly$53,365
$8,490,000$11,490,000
20%50%
3.19%7.19%
5 years30 years
$52,681/yr$79,681/yr
$400/mo$600/mo
An estimate only. Canadian semi-annual compounding; excludes utilities, closing costs and BC property transfer tax.
5-year fixed, as of Sep 24