Prime location with Mid-Rise Zoning (up to 8 stories) and 3 FAR—ideal for future development! Situated in the heart of Surrey City Centre, this property offers a fantastic chance to invest in one of the fastest-growing areas in the Lower Mainland. Currently, the property features a spacious 3-bedroom unit upstairs and a 2-bedroom basement suite that generates excellent rental income, providing immediate cash flow. Whether you're looking to develop or hold, this property offers the best of both worlds. Surrounded by ongoing and upcoming developments, signalling strong future growth in this rapidly expanding urban hub. Minutes away from SkyTrain station, City Hall, educational institutions such as: Kwantlen Polytechnic University, Simon Fraser University, and essential services.
Address
10999 132a Street
List Price
$1,640,000
Property Type
Residential
Type of Dwelling
Single Family Residence
Structure Type
Residential Detached
Area
North Surrey
Sub-Area
Whalley
Bedrooms
5
Bathrooms
2
Floor Area
2,306 Sq. Ft.
Main Floor Area
1228
Lot Size
7682 Sq. Ft.
Lot Size Dimensions
120 x
Lot Size (Acres)
0.18 Ac.
Lot Size Units
Square Feet
Total Building Area
2306
Frontage Length
120
Year Built
1959
MLS® Number
R2998112
Listing Brokerage
Century 21 Coastal Realty Ltd.
Basement Area
Finished
Postal Code
V3T 3Y2
Zoning
R3
Ownership
Freehold NonStrata
Parking
Garage Single
Parking Places (Total)
4
Tax Amount
$7,047.22
Tax Year
2024
Appliances
Washer/Dryer, Washer
Board Or Association
Fraser Valley
Heating
Yes
Heat Type
Forced Air
Garage
Yes
Garage Spaces
1
Laundry Features
In Unit
Levels
Two
Number Of Floors In Property
2