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Terrace Court 10524 102 St 24 Unit Apartment Building $8,980,000 CAD ($374,167 CAD/Unit) Taylor, BC V0C 2K0
Investment Highlights
- Highly visible corner location at 176 Street and Highway 10 in Cloverdale.
- Surrounded by established neighborhoods and close to Cloverdale Fairgrounds, generating steady traffic.
- On-site surface parking accommodates customers and employees.
- Freestanding retail building supported by strong co-tenancy demand in the area.
- Convenient access to major routes including Highway 10 and Highway 15, with connectivity to Trans-Canada Highway.
- Located within a thriving Surrey trade area experiencing sustained population and commercial growth.
Executive Summary
Positioned at the busy intersection of 176 Street and Highway 10, this retail plaza sits on a highly visible corner in the centre of Cloverdale. The area serves as a key commercial hub with a mix of retail, restaurant, and service businesses that cater to both local residents and regional traffic. Surrounded by established neighbourhoods and close to the Cloverdale Fairgrounds, the site benefits from steady customer flow throughout the year. Its convenient access to Highway 10, Highway 15, and other major routes enhances accessibility for both tenants and visitors.
Property Facts
| Price | $8,980,000 CAD | Building Class | C |
| Price Per Unit | $374,167 CAD | Lot Size | 2.00 AC |
| Sale Type | Investment | Building Size | 41,574 SF |
| No. Units | 24 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1992 |
| Property Subtype | Apartment | Parking Ratio | 0.99/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | C15 - Town Centre Commercial Zone | ||
| Price | $8,980,000 CAD |
| Price Per Unit | $374,167 CAD |
| Sale Type | Investment |
| No. Units | 24 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 2.00 AC |
| Building Size | 41,574 SF |
| No. Stories | 3 |
| Year Built | 1992 |
| Parking Ratio | 0.99/1,000 SF |
| Zoning | C15 - Town Centre Commercial Zone |
Amenities
Unit Amenities
- Balcony
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 5 | - | - |
| 1+1 | 7 | - | - |
| 2+1 | 12 | - | - |
1 1
Not walkable
10/100
Exceptionally drivable
90/100
Somewhat bikeable
30/100
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Terrace Court | 10524 102 St
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