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Red Brick Surrey 10595-10661 137a St 213 Unit Apartment Building $19,800,000 CAD ($92,958 CAD/Unit) Surrey, BC V3T 4J7
Investment Highlights
- Situated within Surrey City Centre, a major regional growth node designated for urban intensification.
- Minutes from Central City Shopping Centre, SFU Surrey, civic services, and future infrastructure improvements.
- Strong long-term investment fundamentals driven by population growth, housing demand, and commercial amenities.
- Immediate proximity to Gateway SkyTrain Station, enabling direct transit connectivity to Vancouver.
- Located along an active redevelopment corridor supported by municipal planning for high-density residential and mixed-use projects.
- Offered as a court-ordered sale with development potential subject to buyer verification of zoning, density, and approvals.
Executive Summary
Court-ordered sale - prime development/investment opportunity at 10595-10661 137A Street, Surrey, anchore by the RED BRICK low-rise residential project at 10661 137A Street. Located in Surrey City Centre, steps to Gateway SkyTrain Station and minutes to Central City, SFU Surrey, and major amenities. Situated within a high-growth urban corridor with ongoing densification and strong redevelopment momentum. Ideal for developers or value-add investors seeking long-term upside. AS-IS, WHERE-IS sale. Subject to court approval. Buyers to verify zoning, density, and development potential. 75% pre-sold and under phase 2 construction.
Property Facts
| Price | $19,800,000 CAD | Apartment Style | Mid-Rise |
| Price Per Unit | $92,958 CAD | Building Class | B |
| Sale Type | Investment | Lot Size | 2.04 AC |
| Sale Condition | Redevelopment Project | Building Size | 213,000 SF |
| No. Units | 213 | No. Stories | 6 |
| Property Type | Multifamily | Year Built | 2026 |
| Property Subtype | Apartment | ||
| Zoning | CD-1 - Comprehensive Development | ||
| Price | $19,800,000 CAD |
| Price Per Unit | $92,958 CAD |
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| No. Units | 213 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 2.04 AC |
| Building Size | 213,000 SF |
| No. Stories | 6 |
| Year Built | 2026 |
| Zoning | CD-1 - Comprehensive Development |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
Site Amenities
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Trash Pickup - Curbside
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 23 | - | - |
| 2+1 | 190 | - | - |
1 1
Moderately walkable
60/100
Moderately drivable
70/100
Good public transit
70/100
Moderately bikeable
60/100
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Red Brick Surrey | 10595-10661 137a St
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