Surrey residential lot sold for development

The one-acre lot sold for $3.1 million

for Western Investor
July 25, 2017

surrey home
A developer has purchased a one-acre lot in West Clayton for $3.1 million, Ken Heppner of Sutton Premier tells Western Investor. 
The land currently houses a single-family home built in 1973. The one-storey home has five bedrooms and two bathrooms, totaling about 2,588-square-feet. The property has potential for multi-family housing development. The land was listed for $3 million and has an assessed value of $1.4 million. 
The property is located at 7424 185 St., Surrey. 


Price: $3,100,000
Lot Size: 1.02 acres 
Property Type: Land 
2016 B.C. Assessment Value: $1,432,000
Date of Sale: 06/29/2017
City: Surrey
Province: B.C. 
Name of Brokerage: Sutton Premier 

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