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Investment Highlights

  • Four single-family lots totaling approximately 36,140 SF within Surrey Central’s transit-oriented corridor.
  • Located a seven-minute walk from Gateway SkyTrain Station and near Holland Park and Central City Mall.
  • Within a high-growth node with established connectivity to major business hubs and regional job centers.
  • Potential for up to 100,000 SF of buildable residential area, supported under TOA parameters.
  • Rear lane access via 107A Avenue, enhancing design and access flexibility for redevelopment.
  • Combined current assessed value reported at $5,321,700 with existing tenancy in place.

Executive Summary

This offering represents a prime opportunity to secure a four-lot land assembly totaling ±36,140 SF in the heart of Surrey Central, one of the fastest-growing major urban centers in British Columbia. Located within a 400–800 meter radius of the Gateway SkyTrain Transit-Oriented Area (TOA), this property offers substantial redevelopment potential for wood-frame residential construction, approximating 100,000 SF of buildable area under current guidelines.
The site sits within a rapidly evolving urban context featuring numerous new high-density developments and enhanced access to King George Boulevard and Fraser Highway. Its strategic proximity to Gateway Station supports strong connectivity to New Westminster, Burnaby, and downtown Vancouver. The surrounding area benefits from major retail, educational, and recreational amenities, including Surrey City Shopping Center, Holland Park, and City Central High School.
With a TOA minimum allowable density up to 3.0 FAR and a maximum allowable height of up to 8 storeys, the property offers significant upside under future redevelopment plans. Current improvements include four detached homes with mixed occupancy, creating flexibility for phased redevelopment or immediate build-out

Property Facts

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Multifamily
  • Apartment Units
Total Lot Size 0.83 AC
Zoning RS3 - Residential

1 Lot Available

Lot

Lot Size 0.83 AC

Description

The property consists of four lots totaling ±36,140 square feet within Surrey Central. It is located approximately 400 to 800 meters from Gateway Station on the Expo Line SkyTrain system. The site is near King George Boulevard and Fraser Highway, providing road access to surrounding municipalities. Key area features include proximity to Central City Shopping Center, Holland Park, and local schools. The location is within the City of Surrey’s Urban OCP designation and the current zoning is RS3.

Moderately walkable
60/100
Very drivable
80/100
Good public transit
70/100
Fairly bikeable
50/100
  • Listing ID: 41014921

  • Date on Market: 2026-06-22

  • Last Updated:

  • Address: 13142-13168 108 Av, Surrey, BC V3T 3W5

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