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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.
Data was last updated February 5, 2025 at 12:10 PM (UTC)
Area Statistics
Listings on market:
12
Avg list price:
$2,669,500
Min list price:
$1,499,000
Max list price:
$4,600,000
Avg days on market:
139
Min days on market:
6
Max days on market:
324
Avg price per sq.ft.:
$726.94
These statistics are generated based on the current listing's property type
and located in
North Surrey. Average values are
derived using median calculations.
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