18241 73 Av 1.19 Acres of Residential Land Offered at $11,024,000 CAD in Surrey, BC V4N 6B9
INVESTMENT HIGHLIGHTS
- Prime Location Near Future SkyTrain Station: The property is located less than 800 meters from the upcoming SkyTrain station
- Tier 3 – 8-Story Multi-Family Development Zoning: With zoning that allows for an 8-story multi-family development
- Large Lot Size – Just Under 1.2 Acres: The sizable lot provides ample room for significant development
- Highly Sought-After West Clayton Plan: Situated in the popular West Clayton Plan, this property offers a desirable location
- Generous Floor Area Ratio (FAR) of 3.0: The property’s FAR of 3.0 allows for substantial buildable space
- High Investment Potential: Due to its strategic location, size, and zoning, the property holds immense potential
EXECUTIVE SUMMARY
This exceptional property, just under 1.19 acres, is situated in the highly sought-after West Clayton Plan, offering immense potential for savvy developers and investors. Located less than 800 meters from the upcoming SkyTrain station, this prime piece of real estate is designated as Tier 3 – 8-story multi-family development, with a 3.0 FAR (Floor Area Ratio), making it perfect for high-density residential projects.
PROPERTY FACTS
| Price | $11,024,000 CAD |
| Sale Type | Investment |
| Sale Condition | Short Sale |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Apartment Units - Condo |
| Total Lot Size | 1.19 AC |
| Zoning | RS |
1 LOT AVAILABLE
Lot
| Price | $11,024,000 CAD |
| Price Per AC | $9,263,865.55 CAD |
| Lot Size | 1.19 AC |
LOT 7, PLAN NWP21485, SECTION 20, TOWNSHIP 8, NEW WESTMINSTER LAND DISTRICT
DESCRIPTION
This exceptional property, just under 1.2 acres, is situated in the highly sought-after West Clayton Plan, offering immense potential for savvy developers and investors. Located less than 800 meters from the upcoming SkyTrain station, this prime piece of real estate is designated as Tier 3 – 8-story multi-family development, with a 3.0 FAR (Floor Area Ratio), making it perfect for high-density residential projects.
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