5 bed
2 bath
2,306 sqft
Single Family Residence
Built in 1959
7,682 sqft lot
4 parking
Freehold NonStrata
R3 zone
Public remarks
Prime location with Mid-Rise Zoning (up to 8 stories) and 3 FAR—ideal for future development! Situated in the heart of Surrey City Centre, this property offers a fantastic chance to invest in one of the fastest-growing areas in the Lower Mainland. Currently, the property features a spacious 3-bedroom unit upstairs and a 2-bedroom basement suite that generates excellent rental income, providing immediate cash flow. Whether you're looking to develop or hold, this property offers the best of both worlds. Surrounded by ongoing and upcoming developments, signalling strong future growth in this rapidly expanding urban hub. Minutes away from SkyTrain station, City Hall, educational institutions such as: Kwantlen Polytechnic University, Simon Fraser University, and essential services.
Private remarks
Development Property up to 8 stories building. 3 FAR. Measurements by the owner, Please verify if important. Property contains accommodation which is not authorized. DOIIT is required with all the offers.
Buyer agency compensation
3.22% on 1st 100k & 1.15% on the balance.
$1,849,000 ($801/sqft)
Active
Listed
01/15/2025
Expiry date
Original price
Gross taxes (2024)
$7,047.22
Property transfer tax
$34,980.00
Last Updated: 04/07/2025 12:54 AM
Courtesy of Century 21 Coastal Realty Ltd.
| Address | MLS® | Changed | List date | Status | List price | Close price | List agent | List office |
|---|---|---|---|---|---|---|---|---|
| 10999 132a Street | R2955695 | 04/07/2025 12:54 AM | 01/15/2025 | Active | $1,849,000 | Login to view | Amarjit Dhot - PREC | Century 21 Coastal Realty Ltd. |
| 10999 132a Street | R2804133 | 04/01/2024 01:39 AM | 08/04/2023 | Expired | $2,100,000 | Login to view | Century 21 Coastal Realty Ltd. |