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5555 184 St 1.18 Acres of Commercial Land Offered at $4,800,000 CAD in Surrey, BC V3S 1E1
INVESTMENT HIGHLIGHTS
- Walking distance to the new Surrey Hospital and Kwantlen University
- Located on a bus route with easy access to Highway 10 and Highway 15
- Assembly potential with adjacent parcels for larger-scale development
- Wide range of residential development options supported by evolving legislation
- Surrounded by schools, parks, and major retail amenities
EXECUTIVE SUMMARY
PROPERTY FACTS
| Price | $4,800,000 CAD | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 1.18 AC |
| Property Type | Land | ||
| Zoning | RA - One Acre Residential | ||
| Price | $4,800,000 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 1.18 AC |
| Zoning | RA - One Acre Residential |
1 LOT AVAILABLE
Lot
| Price | $4,800,000 CAD | Lot Size | 1.18 AC |
| Price Per AC | $4,067,796.61 CAD |
| Price | $4,800,000 CAD |
| Price Per AC | $4,067,796.61 CAD |
| Lot Size | 1.18 AC |
1.18 acre residential development site in Cloverdale
DESCRIPTION
The site is currently zoned RA (One Acre Residential) and designated “Suburban” under the OCP. However, recent provincial housing legislation has increased municipal openness to higher-density residential uses, especially for parcels near major amenities and transit corridors. The property is tenanted with a detached home, offering interim income while development plans are pursued. Surrounding the site is a vibrant mix of educational institutions, healthcare infrastructure, parks, and retail amenities. Residents will enjoy proximity to downtown Cloverdale, Langley City, and major thoroughfares including Highway 10 and Highway 15. The area is well-served by public transit and offers a rich community fabric with schools, restaurants, and shopping centers all nearby. This parcel also presents assembly potential with adjacent properties, enhancing its long-term development value. With a competitive asking price of $4,800,000 (approx. $4M per acre), this offering is ideal for developers seeking a strategic foothold in one of Surrey’s most promising growth corridor
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5555 184 St
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