BC land development, BC land investment

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Status:
Active
Prop. Type:
Land Commercial
MLS® Num:
C8074361
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.
Sale Type:
Asset
Ownership:
Freehold
Property Type:
Land Commercial
Subject Property Depth:
373'7"
Subject Property Width:
149'4"
Lot Area:
40,510.8 sq. ft.
Zoning:
Potential to Redevelop:
No
Fencing:
# Of Parking Spaces - Total:
Road Frontage:
Heating:
Electricity:
Yes
Services Connected:
Electricity Connected, Natural Gas Connected, Sanitary sewer at LotLine, Storm Sewer at Lot Line, City Water at Lot Line
Parcel Number:
009670068
Taxes:
$20,872.89 / 2025
No
Water Supply:
City Water at Lot Line
Water Rights:
No
Roof:
Potential to Redevelop:
No
Env Assmt Phase:
No
Cap Rate %:
Gross Income:
Oper. Expenses:
Other Income:
Effective Gross Income:
Net Operating Income:
Previous Price:
Original Price:
Listed by Homelife Advantage Realty Ltd.
Data was last updated December 5, 2025 at 11:40 PM (UTC)
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