Development Opportunity! Prime central location with excellent potential for a future 4-plex or 6-plex (subject to City approvals). Situated on a spacious lot, this property is ideally located just minutes from Surrey Memorial Hospital, schools, parks, shopping, SkyTrain, and major commuter routes. The existing 3-bedroom, 1-bathroom home offers holding…
Development Opportunity! Prime central location with excellent potential for a future 4-plex or 6-plex (subject to City approvals). Situated on a spacious lot, this property is ideally located just minutes from Surrey Memorial Hospital, schools, parks, shopping, SkyTrain, and major commuter routes. The existing 3-bedroom, 1-bathroom home offers holding income while you plan your next project. A fantastic opportunity for builders, investors, and developers looking to capitalize on Surrey's evolving housing policies and strong demand for multi-family housing. Property is being sold primarily for land value. Buyers to verify all development potential with the City of Surrey. All offers to remain open for a minimum of 48 hours from delivery.
Features
Balcony
Private Yard
Additional Parking
Carport Single
Front Access
Shopping Nearby
Room measurements8 rooms▸
KitchenAbove · 8' × 8'
Dining RoomAbove · 9' × 8'
Living RoomAbove · 15' × 12'
Dining RoomAbove · 12' × 10'
Primary BedroomAbove · 10' × 12'
BedroomAbove · 10' × 9'
BedroomAbove · 8' × 9'
Recreation RoomBelow · 30' × 15'
Floor plan
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Property Details
MLS NumberR3136528
Property TypeSingle Family Residence
Bedrooms3
Bathrooms1
Square Feet1,898
Lot Size7,198 sqft
Year Built1958
Parking Spaces1
HeatingElectric
Days on Market72
StatusActive
Listed ByRoyal LePage - Wolstencroft
School Catchment
ElementarySimon Cunningham
SecondaryQueen Elizabeth
Neighbourhood
Highlighted area = this home's census tract (StatCan), the boundary the neighbourhood stats describe.
$1,300,000Median home value
$96,000Median household income
57.4%Owner-occupied
27%Single-detached homes
3.7Avg household size
37.2Median age
25.3%Bachelor's degree or higher (25-64)
40%Commute under 30 min
73.1%Drive to work
54.6%Foreign-born residents
1,876Neighbourhood population
Age
Under 1513.6%
15 to 6473.9%
65 and over12.5%
Household size
1 person13.5%
220.2%
319.1%
419.1%
5 or more28.1%
Language spoken at home
35.1% Punjabi mother tongue
English30.5%
English + other5.8%
Hindi4.3%
Arabic3.7%
Tagalog3.4%
Spanish2.4%
All others14.8%
Mother tongue, share of 1,640 residents.
How this pocket differs
notably more Arabic speakers than Bear Creek Green Timbers 3.7% vs 1%
Median dwelling value is higher than Metro Vancouver $1,300,000 vs $1,050,000
Source: Statistics Canada, Census of Population, 2021. Reproduced and distributed on an "as is" basis with the permission of Statistics Canada.
Ped NaimiPersonal Real Estate Corp
Vinod BashirPersonal Real Estate Corp
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