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
9935-9937 138 STREET
List Price
$4,600,000
Property Type
Multifamily
Type of Dwelling
Duplex
Style of Home
2 Storey w/Bsmt.
Area
North Surrey
Sub-Area
Whalley
Bedrooms
10
Bathrooms
6
Floor Area
4,300 Sq. Ft.
Lot Size
10200 Sq. Ft.
Year Built
1978
MLS® Number
R2959714
Listing Brokerage
Sutton Group-Alliance R.E.S.
Basement Area
Separate Entry
Postal Code
V3T 5E3
Zoning
DUPLEX
Tax Amount
$12,254.44
Tax Year
2024
Site Influences
Central Location, Recreation Nearby, Shopping Nearby
Features
Other - See Remarks, Smoke Alarm
Heat Type
Forced Air