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18465 71 Av 0.9 Acres of Commercial Land Offered at $7,190,339 USD in Surrey, BC V4N 5V1
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
Property Facts
1 Lot Available
Lot 60
| Price | $7,190,339 USD | Lot Size | 0.90 AC |
| Price Per AC | $7,989,265.31 USD |
| Price | $7,190,339 USD |
| Price Per AC | $7,989,265.31 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.
Presented by
18465 71 Av
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