V3S Residential Land & Home Lots for Sale

Commercial Real Estate in V3S available for sale

V3S Residential Land for Sale

14633 56 Av

Surrey, BC V3S 1B6

Land for Sale
$2,289,000 CAD
0.86 AC Lot

Surrey Land for Sale - Surrey/Langley

This property holds excellent development potential today, or long term holding value for that patient buyer who's willing to wait for a new neighborhood plan. Current NCP was approved in 1999, with an amendment in 2004, which we believe is outdated. Current Max Density is 1/2 Acre, however the City has expressed support for a rezone to RQ which would allow 1/4 lots. There is an active application on the North Western neighbor's property that would rezone that property to RQ and provide an immediate comparable to the subject property.

Contact:

Momentum Realty Inc.

Property Subtype:

Residential

Date on Market:

2024-12-05

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Residential Land & Home Lots for Sale Within 5 kilometers of V3S

More details for 18493 Fraser Hwy, Surrey, BC - Land for Sale

18493 Fraser Hwy - 18493 Fraser Hwy

Surrey, BC V4N 6P3

Land for Sale
$4,785,000 CAD
0.93 AC Lot

Surrey Land for Sale - Surrey/Langley

• Transit Oriented Development Property right along the Fraser Highway. • Only 225M away from the future Sky Train Stop. • DENSITY: - As per the latest Clayton Corridor Plan (Sept 2023), the property is designated as Low Rise Residential (2.5 FAR Minimum). - As per the recent Provincial Legislation, any property that is between 201-400M of distance from the future Sky Train Stop, will be permitted upto 4.0 FAR, upto 12 storeys. Our Assumption is for 2.5 FAR (6 Storey) Estimated Density Calculations: 0.93 x 2.5 FAR = 101, 277 BSF 101,277 x 0.85 (efficiency) = 86,085 SSF 86,085 / 700 (avg size unit) = Approx. 90-110 Condo Units