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 and 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 Center 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.
Address
9937 138 Street
List Price
$4,600,000
Property Type
Residential Income
Type of Dwelling
Duplex
Structure Type
Multi Family
Area
North Surrey
Sub-Area
Whalley
Bedrooms
10
Bathrooms
6
Half Bathrooms
2
Floor Area
4,300 Sq. Ft.
Main Floor Area
2150
Lot Size
10200 Sq. Ft.
Lot Size Dimensions
120 x 85
Lot Size (Acres)
0.23 Ac.
Lot Features
Central Location, Recreation Nearby
Lot Size Units
Square Feet
Total Building Area
4300
Frontage Length
120
Year Built
1978
MLS® Number
R2959714
Listing Brokerage
Sutton Group-Alliance R.E.S.
Basement Area
Exterior Entry
Postal Code
V3T 5E3
Zoning
DUPLEX
Ownership
Freehold NonStrata
Parking
Open, Front Access, Concrete
Parking Places (Total)
6
Tax Amount
$12,254.44
Tax Year
2024
Site Influences
Central Location, No Outdoor Area, Recreation Nearby, Shopping Nearby
Community Features
Shopping Nearby
Exterior Features
No Outdoor Area
Board Or Association
Fraser Valley
Heating
Yes
Heat Type
Forced Air
Levels
Two
Number Of Floors In Property
2
Security Features
No Fire Sprinkler System, Smoke Detector(s)
Subdivision Name
Central City
