Surrey residential development site sold for $3M

The 1.2-acre site sold for more than double its assessed value

By
for Western Investor
May 23, 2019





surrey dev
 
A medium-density residential development site in Surrey has sold for $3 million, Joe Varing Marketing Group of HomeLife Glenayre Realty reports. 
 
The 1.2-acre property is located directly across the street from prominent developer who recently had an approved application to begin servicing works. The property has an assessed value of $1.17 million and was listed for $3.1 million. 
 
The property is located at 17661 92 Ave., Surrey. 
 
 

Breakdown: 

 
Price: $3,000,000
Lot Size: 1.2 acres 
Property Type: Land 
2018 B.C. Assessment Value: $1,176,300
City: Surrey   
Province: B.C. 
Name of Brokerage: HomeLife Glenayre Realty Company Ltd. 
 

Do you have a Done Deal you'd like to promote? Submit here for a free posting!

 
 

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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