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9677 King George Blvd - Belvedere 1,196 SF Retail Condo Unit Offered at $1,183,545 in Surrey, BC V3T 2V3
Investment Highlights
- Located in Surrey City Centre, a major growth node in Metro Vancouver
- Surrounded by residential density, educational institutions, and retail amenities
- Long-term lease in place, offering stable and predictable income
- Walking distance to King George SkyTrain Station for excellent transit access
- Situated in a modern, community-oriented building with strong tenant appeal
Executive Summary
The property is a retail unit located in Surrey City Centre, British Columbia. It is within close proximity to King George SkyTrain Station and is surrounded by residential developments, commercial amenities, and green spaces. The area is characterized by high pedestrian activity and ongoing urban growth. The property is part of a modern mixed-use development and is leased to a tenant under a long-term agreement.
Property Facts
| Total Building Size | 200,000 SF | Floors | 25 |
| Property Type | Multifamily (Condo) | Typical Floor Size | 8,000 SF |
| Property Subtype | Apartment | Year Built | 2024 |
| Building Class | B | Parking Ratio | 1.2/1,000 SF |
| Zoning | CD-1 - Comprehensive development district | ||
| Total Building Size | 200,000 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | B |
| Floors | 25 |
| Typical Floor Size | 8,000 SF |
| Year Built | 2024 |
| Parking Ratio | 1.2/1,000 SF |
| Zoning | CD-1 - Comprehensive development district |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
Site Amenities
- 24 Hour Access
- Fitness Center
- Gameroom
- Lounge
1 Unit Available
Unit 103
| Unit Size | 1,196 SF | Condo Use | Retail |
| Price | $1,183,545 USD | Sale Type | Owner User |
| Price Per SF | $989.59 USD | APN/Parcel ID | 032-420-242 |
| Unit Size | 1,196 SF |
| Price | $1,183,545 USD |
| Price Per SF | $989.59 USD |
| Condo Use | Retail |
| Sale Type | Owner User |
| APN/Parcel ID | 032-420-242 |
Description
This retail unit presents a strong passive income investment opportunity in the heart of Surrey City Centre. Located just a short walk from King George SkyTrain Station, the property benefits from excellent visibility, transit accessibility, and a built-in residential customer base. The unit is secured by a long-term lease (approximately 10 years), making it well-suited for investors seeking stable, hands-off income rather than owner-occupiers. Surrounded by urban conveniences, green spaces, and a growing population of students, professionals, residents, and commuters, the area supports consistent foot traffic. A modern, community-oriented building further enhances tenant appeal.
Sale Notes
This retail unit presents a strong passive income investment opportunity in the heart of Surrey City Centre. Located just a short walk from King George SkyTrain Station, the property benefits from excellent visibility, transit accessibility, and a built-in residential customer base. The unit is secured by a long-term lease (approximately 10 years), making it well-suited for investors seeking stable, hands-off income rather than owner-occupiers. Surrounded by urban conveniences, green spaces, and a growing population of students, professionals, residents, and commuters, the area supports consistent foot traffic. A modern, community-oriented building further enhances tenant appeal.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 72 | - | 488 |
| 1+1 | 65 | - | 613 - 647 |
| 2+2 | 63 | - | 1,002 - 1,086 |
Presented by
9677 King George Blvd - Belvedere
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