Surrey single-family lot sold for $7.7M

The 5.58-acre lot has redevelopment potential for up to 11 separate lots

By
for Western Investor
November 26, 2018





entry abbotsford
 
A single-family development site in Surrey’s Rosemary Heights has sold for $7.7 million, HomeLife Glenayre Realty reports. 
 
The single-family lot allows for redevelopment into 11 separate lots, including a park or open space lot. The parcel is 5.58 acres located near several schools and amenities. The gated property currently includes an executive-style home, valued at $6,690,000. 
 
The property is located at 3965 156 St., Surrey. 
 

Breakdown: 

 
Price: $7,700,000
Lot Size: 5.58 acres
Property Type: Land
2017 B.C. Assessment Value: $6,690,000
City: Surrey  
Province: B.C.
Name of Brokerage: Varing Marketing Group | HomeLife Glenayre Realty
 

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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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