A site in Surrey's West Fleetwood neighbourhood, within the planned SkyTrain Corridor and neighbouring recent land sales, has fetched $2 million, report Varing Marketing Group and Homelife Glenayre Realty. The 11,559-square-foot site is zoned for a density of 2.5FSR, with higher density zoning expected.
Breakdown:
Type of property: Development land
Location: 9075 152 Street, Surrey
Size of land: 0.27 acres; 11,559 square feet
Current zoning: Residential 2.5 FSR (floor-space-ratio)
List price: $2 million
Sale price: $2 million
Brokerage name: Varing Marketing Group and Homelife Glenayre Realty Company Ltd., Abbotsford
Broker: Joe Varing