18493 Fraser Hwy, Surrey, BC V3S 8E7

$4,785,000

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List Price
$4,785,000
Status
ACTIVE
MLS® #
R3072459
Price Change
▼ $115,000 1779943205
Area
Cloverdale
Community
Clayton

Property Description

Court-ordered sale. Sold as is where is. 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.

Additional Information

Lot Size
40,510
Acres
0.93
Region
Cloverdale
Title To Land
Freehold NonStrata

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Calculator source: Real Geeks

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NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.