Land near planned Surrey SkyTrain sells over assessment

Lot with high-density residential potential sells for $1.63 million, about twice its assessed value

for Western Investor
September 30, 2019

DD surrey land near skytrain 152 St_Image

A 0.26-acre lot near the first station of the planned Surrey SkyTrain extension has sold for $1.63 million, about twice its assessed value.


Property type: Residential development land

Location: 9059152 Street, Surrey, B.C.

Property size: 0.26 acres; 11,724 square feet

Current zoning: Residential FSR 2.5

Potential: High-density residential zoning

Assessed value (2019): $839,100

Listing price: $1.65 million

Sale price: $1.63 million

Date of sale: September 20, 2019

Brokerage: Varing Marketing Group, Homelife Glenayre Realty Company Ltd.

Broker: Joe Varing

Joe Varing has over 12 years of successful experience in marketing development lands in the Fraser Valley.

Joe Varing Group | HomeLife Glenayre Realty Company Ltd.
#360-3033 Immel Street,
Abbotsford B.C. V2S 6S2
Office: 604-565-3478

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