Surrey townhouse site with a view fetches $4.95M

Rezoning potential would allow 12-40 townhouses per acre on 1.5-acre site close to amenities

By
for Western Investor
March 12, 2020





DD Surrey townhouse site

A Surrey site of 1.5 acres ripe for townhome redevelopment, with a view, and close to major shopping centres, schools and a park, has been sold for $4.95 million, report Varing Marketing Group and Homelife Glenayre Realty. Zoning would allow from 12 to 40 townhouses per acre.

Breakdown:

Type of property: Development land

Location: 6815 204 Street, Surrey

Size of land: 1.52 acres; 66,211 square feet

Zoning: Townhouse 12-40 units per acre

Asking price: $5.1 million

Sale price: $4.95 million

Date of sale: March 2, 2020

Brokerage: 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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