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Surrey,BC V3T 5E3
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type Asset or Share
MLS Listing ID C8066054
Year Built 1978
Lot Size 10,018 Sqft
Property Sub-Type Multi Family
Property Description
RARE high rise development opportunity offering situated on 10,127 sqft. Excellent investment/holding property for future development site. Only minutes walk to City Centre, SkyTrain, Surrey Place, library, etc. Surrey City Centre fast growing trending neighborhood with two local, major post-secondary educational institutions, Simon Fraser University & Kwantlen Polytechnic University are nearby the site. The current Floor Area Ratio (FAR) for this site is 3.5. Many sites surrounding this lot are zoned Comprehensive Developments (CD Zones). As density expands out from the City Centre there is a trend for higher (FAR). The current zoning and the increase of allowable densities in adjacent properties may support an increase in allowable density.
Location
Province BC
Community Whalley
Area North Surrey
Zoning DUPLEX
Interior
Heating Forced Air
Cooling Forced Air
Exterior
Utilities Available Electricity at Lot Line,Natural Gas at Lot Line,Sanitary sewer at LotLine,Storm Sewer at Lot Line,City Water at Lot Line
Roof Type Asphalt
Building
Story 2
Sewer Public Sewer
Water Public,City Water at Lot Line
Others
Ownership Freehold