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9937 138 St 0.23 Acres of Residential Land Offered at $4,999,888 CAD in Surrey, BC V3T 5E3
Investment Highlights
- Prime corner lot in Surrey City Centre, steps from King George SkyTrain and Surrey Central Mall.
- Significant redevelopment potential as part of a land assembly for high-rise or multi-family projects.
- Strong long-term investment fundamentals supported by transit-oriented location and urban intensification plans.
- Fourplex configuration with four rental units, ideal for generating steady income.
- Located in a high-growth area with major residential and mixed-use developments nearby.
Executive Summary
Property Facts
| Price | $4,999,888 CAD | Property Type | Land |
| Sale Type | Investment | Property Subtype | Residential |
| Sale Condition | Redevelopment Project | Proposed Use | Apartment Units |
| No. Lots | 1 | Total Lot Size | 0.23 AC |
| Zoning | R2 - Quarter Acre Residential Zone | ||
| Price | $4,999,888 CAD |
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Apartment Units |
| Total Lot Size | 0.23 AC |
| Zoning | R2 - Quarter Acre Residential Zone |
1 Lot Available
Lot
| Price | $4,999,888 CAD | Lot Size | 0.23 AC |
| Price Per AC | $21,738,643.48 CAD |
| Price | $4,999,888 CAD |
| Price Per AC | $21,738,643.48 CAD |
| Lot Size | 0.23 AC |
9935-9937 138 Street presents a rare investment opportunity with significant redevelopment potential. This fourplex property features four rental units, offering a total of 10 bedrooms and 6 bathrooms across two levels per side.
Description
The property sits on a prominent 10,101 sq ft corner lot with an 85-foot frontage and 118-foot depth, making it an integral piece for future land assembly. Located just a short 5-7 minute walk from King George SkyTrain Station and Surrey Central Mall, the site benefits from exceptional transit connectivity and proximity to major urban amenities. The surrounding area is undergoing a transformation with multiple high-rise developments by Concord Pacific and other major developers, signaling long-term value appreciation.
Presented by
9937 138 St
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