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9388 128 Street
Queen Mary Park Surrey Surrey V3V 6A4

$70,000,000
Land Commercial, Multi-Family Commercial

Main Photo: 9388 128 Street in Surrey: Queen Mary Park Surrey Land Commercial for sale in "SURREY MEADOWS" : MLS®# C8039547
Photo 1: 9388 128 Street in Surrey: Queen Mary Park Surrey Land Commercial for sale in "SURREY MEADOWS" : MLS®# C8039547
Photo 2: 9388 128 Street in Surrey: Queen Mary Park Surrey Land Commercial for sale in "SURREY MEADOWS" : MLS®# C8039547
Photo 3: 9388 128 Street in Surrey: Queen Mary Park Surrey Land Commercial for sale in "SURREY MEADOWS" : MLS®# C8039547
Photo 4: 9388 128 Street in Surrey: Queen Mary Park Surrey Land Commercial for sale in "SURREY MEADOWS" : MLS®# C8039547
Photo 5: 9388 128 Street in Surrey: Queen Mary Park Surrey Land Commercial for sale in "SURREY MEADOWS" : MLS®# C8039547
Status:
Active
Prop. Type:
Land Commercial, Multi-Family Commercial
MLS® Num:
C8039547
Build. Type:
Condo Strata Complex
Presenting 5 Acres (Approx.) of Land with 74 Town Homes in the heart of Surrey for Redevelopment or Holding for Rental Income! Located not too far from City Centre, this could be the Gold-Mine that you have been looking for!! Talk about Location, Location, Location! This parcel of Land is close to almost everything - Shopping, Schools, Entertainment, Restaurants, Transportation, SFU, City Hall, Library, Parks & Hospital (on same Electrical Grid)!!! Designated as Multiple Residential in the Official Community Plan (RM45), it can allow up to Four Story Apartment Building(s), or Town Homes or a combination of both with Underground Parking. At present it has 74 Town Homes - Two-Storey with Basement, containing 3 Bedrooms & 2 Bathrooms, with potential for extra accommodation and bathroom in the Basement. Currently Owner occupied, these units can be easily rented out for a substantial income every month. Get paid while you wait!!
Sale Type:
Asset
Construction:
Wood Frame, Mixed
Building Type:
Condo Strata Complex
Name of Complex/Subdivision:
# Other Units:
# of Appartments:
74
Total Floor Area:
0 sq. ft.
Land Use/Zoning:
RM45
Permitted Use:
Multifamily (5+), Residential
Taxes:
$0 / 0
Other
Services Connected:
Cable at Lot Line, Cable, Electricity, Natural Gas at Lot Line, Garbage Collection, Lane, Lane Paved, Natural Gas, Telephone, Sewer - Storm
Water Supply:
Municipal
Roof:
Sewer Septic:
Municipal/Community
Env Assmt Phase:
No
Cap Rate %:
Other Income:
Effective Gross Income:
Gross Income:
Oper. Expenses:
Net Operating Income:
Tot Gross Sales:
Condo Fee:
Previous Price:
Original Price:
  • Photo 1: 9388 128 Street in Surrey: Queen Mary Park Surrey Land Commercial for sale in "SURREY MEADOWS" : MLS®# C8039547
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  • Photo 2: 9388 128 Street in Surrey: Queen Mary Park Surrey Land Commercial for sale in "SURREY MEADOWS" : MLS®# C8039547
    Photo 2 of 5
  • Photo 3: 9388 128 Street in Surrey: Queen Mary Park Surrey Land Commercial for sale in "SURREY MEADOWS" : MLS®# C8039547
    Photo 3 of 5
  • Photo 4: 9388 128 Street in Surrey: Queen Mary Park Surrey Land Commercial for sale in "SURREY MEADOWS" : MLS®# C8039547
    Photo 4 of 5
  • Photo 5: 9388 128 Street in Surrey: Queen Mary Park Surrey Land Commercial for sale in "SURREY MEADOWS" : MLS®# C8039547
    Photo 5 of 5
Listed by RE/MAX Dream Home Realty
Data was last updated May 16, 2022 at 04:35 AM (UTC)
STEVE DA CRUZ | CCIM | PREC
Brent Brnada PREC
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