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18465 71 Av
Surrey, BC V4N 5V1
Land For Sale · 0.90 AC

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INVESTMENT HIGHLIGHTS

  • 5 minute walk to a future Skytrain station
  • Adjacent to Clayton Park
  • designated within the West Clayton NCP as mixed commercial and stacked townhouse/apartments (30-45 UPA)

EXECUTIVE SUMMARY

Development Land - 45 units per acre

PROPERTY FACTS

Sale Type Investment
Sale Condition Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Mixed Use
  • Apartment Units
Total Lot Size 0.90 AC
Zoning One-Acre Residential (RA

1 LOT AVAILABLE

Lot 60

Price $7,115,319 USD
Price Per AC $7,905,909.77 USD
Lot Size 0.90 AC

Development site (0.9 Acres) adjacent to Clayton Park, 5 minute walk to a future Skytrain station and designated within the West Clayton NCP as mixed commercial and stacked townhouse/apartments (30-45 UPA).

DESCRIPTION

The property at 18465 71 Avenue is currently zoned One-Acre Residential (RA) and is 39,441 SF (0.9 acres) in size. NCP Considerations: Flex Block Unique Flex Block designation in the West Clayton NCP to allow for innovative site layouts. Developers are permitted to vary the typology of the housing they build. Zoning variances may also be permitted subject to achieving good urban design. Density Bonusing: The West Clayton NCP permits a base Floor Area Ratio of 1.3 times the size of the lot for stacked townhouse/apartment designation. Density could be increased to 1.5 FAR if the developer meets specific regulations as set out in the city’s Energy Efficiency Density Bonus Policy. The subject property has one of the highest density allocations in the West Clayton NCP. Future development would overlook Clayton Park and in close walking distance to the future Skytrain station on Fraser Highway and 184th Street.

  • Listing ID: 25814995

  • Date on Market: 5/30/2022

  • Last Updated:

  • Address: 18465 71 Av, Surrey, BC V4N 5V1

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