Surrey site near transit corridor sold for asking price of $2M

The 11,559-square-foot site is close to a proposed SkyTrain line and is expected to see higher-density zoning

By
for Western Investor
March 17, 2020





DD Surrey development site 152_st

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


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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