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Investment Highlights

  • Situated within 400 meters of Gateway SkyTrain Station, providing convenient regional connectivity.
  • Designated within a Transit-Oriented Area with potential for 4.0 FAR and 12-story height limits (subject to City approval).
  • Long-term upside through redevelopment opportunities in a rapidly evolving Metro Vancouver market.
  • Located in Surrey City Centre, one of Metro Vancouver’s fastest-growing and densest urban cores.
  • Surrounded by active high-rise development and established mixed-use communities.
  • Easily accessible to major roadways and public transit corridors serving the Lower Mainland.

Executive Summary

his court-ordered sale presents a rare transit-oriented development opportunity in the heart of Surrey City Centre. The offering consists of a land assembly of three parcels located within approximately 400 meters of Gateway SkyTrain Station, delivering exceptional transit connectivity and access to the region’s rapidly expanding urban infrastructure. Designated within a Transit-Oriented Area (TOA), the property offers a strong potential for future density, with preliminary policies indicating an opportunity for up to 4.0 FAR and building heights of up to 12 stories, subject to municipal approval. The site’s close proximity to Surrey’s core residential towers, mixed-use projects, and established amenities adds significant long-term value. Positioned in one of Metro Vancouver’s fastest-growing corridors, this property is ideally suited for developers and investors seeking to leverage Surrey’s ongoing transformation into a high-density, mixed-use district. Rezoning Application submitted last year.

Property Facts

Price $3,900,000 CAD
Sale Type Investment
Sale Condition Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Residential
Total Lot Size 0.56 AC

1 Lot Available

Lot

Price $3,900,000 CAD
Price Per AC $7,024,647.51 CAD
Lot Size 0.56 AC

COURT ORDERED SALE - Rare Transit-Oriented development opportunity in the heart of Surrey City Centre, comprising three assembled parcels at 10728, 10738 & 10748 132 Street. Located within approximately 400 metres of Gateway SkyTrain Station.

Description

The property comprises three assembled parcels located near Gateway SkyTrain Station in the Surrey City Centre area of British Columbia. The combined site covers approximately 24,184 square feet and is designated within a TOA with potential for significant redevelopment density. Current municipal planning frameworks support future high-rise development subject to approval. The site is within proximity to major transportation infrastructure and adjacent to multiple residential and mixed-use developments in a rapidly urbanizing area.

Moderately walkable
60/100
Very drivable
80/100
Good public transit
70/100
Fairly bikeable
50/100
  • Listing ID: 40510476

  • Date on Market: 2026-05-13

  • Last Updated:

  • Address: 10728-10748 132 St, Surrey, BC V3T 3W3

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