$3,400,000
About this Business
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.
Listed by Sutton Group-Alliance R.E.S..
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Disclaimer: This
representation is based in whole or in part on data generated by the Chilliwack
& District Real Estate Board, Fraser Valley Real Estate Board or Real Estate
Board of Greater Vancouver which assumes no responsibility for its accuracy.
Features
- MLS®: R2959714
- Type: Business
- Bedrooms: 10
- Bathrooms: 6
- Square Feet: 4,300 sqft
- Lot Size: 10,200 sqft
- Frontage: 120.00 ft
- Full Baths: 4
- Half Baths: 2
- Taxes: $12254.44
- Parking: Open, Front Access, Concrete (6)
- Basement: Exterior Entry
- Storeys: 2 storeys
- Year Built: 1978