5 bed
3 bath
2,800 sqft
Single Family Residence
Built in 1968
26,400 sqft lot
6 parking
2 fireplaces
Freehold NonStrata
R3 zone
Public remarks
Developer and Investor Alert! Prime development potential in North Surrey! A rare find in Surrey with ~ 200 foot frontage! Potential subdivision for 4 R3 zoned 5,000 sf homes (previously subdivided). Property within a Frequent Bus Stop Area (FBSA) that may allow for up to 6 dwelling units per lot with no parking requirements. Buyer to perform due diligence, confirm zoning and feasibility with City of Surrey. An excellent opportunity in a rapidly growing area. The property includes a 2,800 sf 5 bedroom home for rental income while you plan your development.
Private remarks
PRIVACY - DO NOT SOLICIT. Measurements and Floor Plan by BC Floor Plans. Information should not be relied upon without independent verification. Elderly Seller. Home substantially rebuilt in 1987 after a fire. Property contains accommodation which is not authorized. New roof (2020) and new furnace (2021).
Buyer agency compensation
3.22% on the first $100,000; 1.15% on the balance
$2,945,000 ($1,051/sqft)
Active
Listed
04/02/2025
Expiry date
Original price
Gross taxes (2024)
$7,011.97
Property transfer tax
$66,350.00
Last Updated: 04/03/2025 08:30 PM
Courtesy of RE/MAX Colonial Pacific Realty
| Address | MLS® | Changed | List date | Status | List price | Close price | List agent | List office |
|---|---|---|---|---|---|---|---|---|
| 11961 97a Avenue | R2984950 | 04/03/2025 08:30 PM | 04/02/2025 | Active | $2,945,000 | Login to view | Joanne Beeson | RE/MAX Colonial Pacific Realty |
| 11961 97a Avenue | R2943261 | 03/31/2025 12:57 PM | 11/13/2024 | Terminated | $2,998,000 | Login to view | RE/MAX Colonial Pacific Realty |