Multi-family for sale

7029 134 Street, West Newton, Surrey

$4,388,000 or
$4,388,000 or

Multi-family for sale

7029 134 Street, West Newton, Surrey

Features

Lifestyle
224949494 4388000 /en/multi-family~for-sale~west-newton-surrey/224949494?view=Summary /en/multi-family~for-sale~west-newton-surrey/224949494/photos 49.1304900000 -122.8514600000 true
Year Built
1986
Floor Area
11,500 sqft
Lot Size
20,487 sqft
Gross Property Tax
$12,759.26 /year
Building Type
Freestanding, Low Rise (2-4 storeys), Mul Tenant/MultiPlex (5+)
Zoning
RM-45
# of Parking Spaces
25
Subject Property Width
104 ft
Subject Property Depth
197 ft
Amenities
Balconies, Emergency Lighting, Laundry Facility, Secured Building, Visitor Parking, Fenced Yard
Suite Mix Information
4 x 1 ½, 10 x 2 ½
Financial Summary
$15,752,400
65

Description

The subject property is a fully tenanted, 14-suite, 3-storey apartment building on one legal fee simple parcel, totaling 20,487 square feet (0.47 acres). The property is zoned RM-45 (Multiple Residential 45 Zone), which currently allows for a maximum FAR of 0.70. The property is located adjacent to the "Newton Town Centre" development area within the City of Surrey's Official Community Plan, which designates the site for "Multiple Residential" use, with a base FAR of 1.5, and a maximum height of 6 storeys.
MLS® Number C8044425

Listing REALTORS®

J-D Murray, REALTOR<sup>®</sup>

J-D Murray

REALTOR®

NAI Commercial

Gary Haukeland, REALTOR<sup>®</sup>, Personal Real Estate Corporation

Gary Haukeland

REALTOR®, Personal Real Estate Corporation

NAI Commercial

Rob Drysdale, REALTOR<sup>®</sup>, Personal Real Estate Corporation

Rob Drysdale

REALTOR®, Personal Real Estate Corporation

RE/MAX Little Oak Realty (Surrey)

RE/MAX Little Oak Realty (Surrey),

Location

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  • The amounts shown above are for information purposes only and do not include taxes, if applicable.
  • You must purchase mortgage default insurance if your down payment is less than 20 per cent of the purchase price of the property.
  • This calculator doesn't calculate the further 2% tax on residential property greater than $3,000,000 or the additional property transfer tax on residential property transfers to foreign entities or taxable trustees. Learn more about property transfer tax.
  • There are additional costs to buying a home. Speak with your REALTOR® for more information.
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