Aerial map of property and surrounding area with property parcel outlined

$4,500,000

18493 Fraser Highway, Surrey, BC V3S 8E7

MLS® C8074361

Description

Court-ordered sale. A transit-oriented condo development site in the Clayton Corridor, steps from Fraser Hwy. It’s only 250m from the future SkyTrain station (184 St/Fraser Hwy), with the Surrey–Langley line anticipated to be in service by late 2029. There is an active development application for a 6 storey, 111 condo units. Property is designated as Mid Rise Residential (2.5 FAR) as per the latest Clayton Corridor Plan. Potential for higher density as per the recent Provincial Legislation that states any property that is located between 201-400M of a Sky Train stop will be permitted for 4.0 FAR, up to 12 storeys. We encourage you to drive by the site to get a feel for the location.The property is sold on an As Is where is Basis and the Buyer, Buyer’s agent to verify all relevant details.

Property

Property type

Land

Ownership

Freehold

Lot and parking

Lot size

40,510.8 sq ft

Costs

Annual property tax

$20,873

Tax year

2,025

Location

Area

Cloverdale

Neighbourhood

Clayton

Waterfront

No