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Residential Development Site

13265 104th Avenue, Surrey, BC
1.41-acre future development site in Surrey City Centre
Improved with 57 unit 3-storey apartment building

$14,000,000


Summary

Lot Size
61,420 SF
Parking
60
Zoning
Multiple Residential 45 Zone
Tax
$32,300.67
Year Built
1972
PID
001-095-269
Legal Description
Lot 174 Section 22 Block 5 North Range 2 West New Westminster District

Rare Surrey offering situated on 1.41 acre. Excellent investment / holding property for future development site. Well maintained 57 unit 3-storey apartment building. Only minutes walk to City Centre, skytrain, Surrey Place, library, etc. The current Floor Area Ratio (FAR) for this site is 2.5 for potentially 153,500 square feet of buildable (+-). Many sites surrounding this lot are zoned Comprehensive Developments, (CD Zones). As density expands out
from the City Center there is a trend for lots to apply CD zoning. The current zoning and the increase of in allowable density.

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