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Investment Highlights

  • 5 minute walk to a future Skytrain station
  • Adjacent to Clayton Park
  • Designated within the West Clayton NCP as mixed commercial and stacked townhouse/apartments (30-45 UPA).

Executive Summary

Development Land - 45 units per acre. Contact agent for additional information.

Attachments

18465- 71 Ave

Property Facts

Price $9,800,000 CAD
Sale Type Investment
Sale Condition Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Mixed Use
  • Apartment Units
Total Lot Size 0.90 AC
Zoning One-Acre Residential (RA

1 Lot Available

Lot 60

Price $9,800,000 CAD
Price Per AC $10,888,888.89 CAD
Lot Size 0.90 AC

Development site (0.9 Acres) adjacent to Clayton Park, 5 minute walk to a future Skytrain station and designated within the West Clayton NCP as mixed commercial and stacked townhouse/apartments (30-45 UPA).

Description

The property at 18465 71 Avenue is currently zoned One-Acre Residential (RA) and totals 39,441 SF (0.9 acres). Under the West Clayton NCP, the site falls within a unique Flex Block designation that allows developers to vary housing typology and pursue innovative site layouts, with zoning variances permitted subject to good urban design. The NCP permits a base FAR of 1.3 for stacked townhouse/apartment use, with the potential to increase to 1.5 FAR through the city's Energy Efficiency Density Bonus Policy. Notably, the property carries one of the highest density allocations in the West Clayton NCP, and future development would overlook Clayton Park with close walking distance to the planned SkyTrain station at Fraser Highway and 184th Street.

Fairly walkable
50/100
Very drivable
80/100
Some public transit
40/100
Moderately bikeable
60/100
  • Listing ID: 25814995

  • Date on Market: 2022-05-30

  • Last Updated:

  • Address: 18465 71 Av, Surrey, BC V4N 5V1

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