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18241 73 Av

1.19 Acres of Residential Land Offered at $7,848,051 USD in Surrey, BC V4N 6B9

Investment Highlights

  • Prime Location Near Future SkyTrain Station: The property is located less than 800 meters from the upcoming SkyTrain station
  • Tier 3 – 8-Story Multi-Family Development Zoning: With zoning that allows for an 8-story multi-family development
  • Large Lot Size – Just Under 1.2 Acres: The sizable lot provides ample room for significant development
  • Highly Sought-After West Clayton Plan: Situated in the popular West Clayton Plan, this property offers a desirable location
  • Generous Floor Area Ratio (FAR) of 3.0: The property’s FAR of 3.0 allows for substantial buildable space
  • High Investment Potential: Due to its strategic location, size, and zoning, the property holds immense potential

Executive Summary

This exceptional property, just under 1.19 acres, is situated in the highly sought-after West Clayton Plan, offering immense potential for savvy developers and investors. Located less than 800 meters from the upcoming SkyTrain station, this prime piece of real estate is designated as Tier 3 – 8-story multi-family development, with a 3.0 FAR (Floor Area Ratio), making it perfect for high-density residential projects.

Property Facts

Price $7,848,051 USD
Sale Type Investment
Sale Conditions Short Sale
No. Lots 1
Property Type Land
Property Subtype Residential
Total Lot Size 1.19 AC

1 Lot Available

Lot

Price $7,848,051 USD
Price Per AC $6,595,001 USD
Lot Size 1.19 AC

LOT 7, PLAN NWP21485, SECTION 20, TOWNSHIP 8, NEW WESTMINSTER LAND DISTRICT

Description

This exceptional property, just under 1.2 acres, is situated in the highly sought-after West Clayton Plan, offering immense potential for savvy developers and investors. Located less than 800 meters from the upcoming SkyTrain station, this prime piece of real estate is designated as Tier 3 – 8-story multi-family development, with a 3.0 FAR (Floor Area Ratio), making it perfect for high-density residential projects.

zoning

Zoning Code RS
RS
  • Listing ID: 33502704

  • Date on Market: 10/12/2024

  • Last Updated:

  • Address: 18241 73 Av, Surrey, BC V4N 6B9

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