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18493 Fraser Hwy - 18493 Fraser Hwy 0.93 Acres of Residential Land Offered at $6,411,542 USD in Surrey, BC V4N 6P3
EXECUTIVE SUMMARY
• Transit Oriented Development Property right along the Fraser Highway.
• Only 225M away from the future Sky Train Stop.
• DENSITY:
- As per the latest Clayton Corridor Plan (Sept 2023), the property is designated as Low Rise Residential (2.5 FAR Minimum).
- As per the recent Provincial Legislation, any property that is between 201-400M of distance from the future Sky Train Stop, will be permitted upto 4.0 FAR, upto 12 storeys.
Our Assumption is for 2.5 FAR (6 Storey) Estimated Density Calculations:
0.93 x 2.5 FAR = 101, 277 BSF
101,277 x 0.85 (efficiency) = 86,085 SSF
86,085 / 700 (avg size unit) = Approx. 90-110 Condo Units
• Only 225M away from the future Sky Train Stop.
• DENSITY:
- As per the latest Clayton Corridor Plan (Sept 2023), the property is designated as Low Rise Residential (2.5 FAR Minimum).
- As per the recent Provincial Legislation, any property that is between 201-400M of distance from the future Sky Train Stop, will be permitted upto 4.0 FAR, upto 12 storeys.
Our Assumption is for 2.5 FAR (6 Storey) Estimated Density Calculations:
0.93 x 2.5 FAR = 101, 277 BSF
101,277 x 0.85 (efficiency) = 86,085 SSF
86,085 / 700 (avg size unit) = Approx. 90-110 Condo Units
PROPERTY FACTS
| Price | $6,411,542 USD | Property Type | Land |
| Sale Type | Investment or Owner User | Property Subtype | Residential |
| No. Lots | 1 | Total Lot Size | 0.93 AC |
| Price | $6,411,542 USD |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Total Lot Size | 0.93 AC |
1 LOT AVAILABLE
Lot
| Price | $6,411,542 USD | Lot Size | 0.93 AC |
| Price Per AC | $6,894,131.22 USD |
| Price | $6,411,542 USD |
| Price Per AC | $6,894,131.22 USD |
| Lot Size | 0.93 AC |
1 1
Walk Score®
Very Walkable (77)
Bike Score®
Very Bikeable (75)
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18493 Fraser Hwy - 18493 Fraser Hwy
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