9935-9937 138 Street, Whalley, Surrey

$4,600,000 |   MLS® Number  C8066054

Multi-family for sale in Whalley, Surrey, North Surrey, 9935-9937 138 Street, 224971123 | Realtylink.org

Multi-family for sale

Year Built
1978
Floor Area
4,300 sqft
Lot Size
10,127 sqft
Gross Property Tax
$12,254.44 /year
Building Type
Residential Mix
Zoning
DUPLEX
Subject Property Width
119.52 ft
Subject Property Depth
85 ft
81

RARE high rise development opportunity offering situated on 10,127 sqft. Excellent investment/holding property for future development site. Only minutes walk to City Centre, SkyTrain, Surrey Place, library, etc. Surrey City Centre fast growing trending neighborhood with two local, major post-secondary educational institutions, Simon Fraser University & Kwantlen Polytechnic University are nearby the site. The current Floor Area Ratio (FAR) for this site is 3.5. Many sites surrounding this lot are zoned Comprehensive Developments (CD Zones). As density expands out from the City Centre there is a trend for higher (FAR). The current zoning and the increase of allowable densities in adjacent properties may support an increase in allowable density.