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Investment Highlights

  • Located within 250 meters of King George SkyTrain Station, providing seamless regional transit access.
  • Designated under City Centre land use policy for high-density, mixed-use, and transit-oriented development.
  • In proximity to major developments including King George Hub, Surrey Memorial Hospital, and the forthcoming UBC Surrey campus.
  • Situated in Surrey City Centre, which is undergoing rapid transformation into Metro Vancouver’s second downtown.
  • Existing two-story single-family structure on a 9,663 sq. ft. lot with flat topography and established utilities.
  • Supported by strong municipal growth strategies, updated zoning plans, and significant ongoing infrastructure investments.

Executive Summary

his offering represents a rare opportunity to acquire a transit-oriented development site in the heart of Surrey City Centre, one of British Columbia’s fastest-growing urban hubs. Positioned just 250 meters from King George SkyTrain Station, the property delivers exceptional connectivity throughout Metro Vancouver, making it highly desirable for mixed-use, high-rise, or transit-oriented projects.
The 9,663-square-foot site sits within a rapidly transforming district defined by high-density residential, commercial, and institutional developments. Surrey City Centre has been earmarked for major densification under the updated City Centre Plan, supported by significant public and private investment. This includes expansions to the King George Hub, the proposed UBC Surrey campus, and large-scale commercial and high-rise residential projects, reinforcing the area’s long-term economic vitality and growth potential.
Essential utilities, including water, electricity, and natural gas, are available with established municipal sanitary connections, reducing upfront development hurdles. With zoning supportive of high-rise development and a competitive development framework that accommodates FAR ratios up to 7.5 in areas near transit nodes, this property offers the foundation for an impactful project in a premier growth market.

Property Facts

Price $1,729,720 USD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use Single Family Development
Total Lot Size 0.22 AC
Zoning CD (Comprehensive Develop - CD (Comprehensive Development Zone

1 Lot Available

Lot

Price $1,729,720 USD
Price Per AC $7,935,913.35 USD
Lot Size 0.22 AC

Approx. 10,000 sq.ft. Strategic High Rise Development Site located in City Centre, Surrey. The subject property is only 250 metres away from King George SkyTrain Station. Great potential!

Description

The property at 10024 Whalley Boulevard consists of a 9,663-square-foot lot currently improved with a two-story single-family home constructed in 1935. It is located within Surrey City Centre, approximately 250 meters from King George SkyTrain Station. The area is defined by mixed-use and high-rise development activity and has been designated for densification in the City Centre Plan. Utilities including water, electricity, natural gas, and municipal sanitary services are available. The site is within a transit-oriented urban district undergoing redevelopment aligned with established municipal plans for increased residential and employment density.

Very walkable
80/100
Moderately drivable
60/100
Strong public transit
80/100
Moderately bikeable
70/100
  • Listing ID: 40189325

  • Date on Market: 4/17/2026

  • Last Updated:

  • Address: 10024 Whalley Blvd, Surrey, BC V3T 4E9

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