A 0.26-acre lot near the first station of the planned Surrey SkyTrain extension has sold for $1.63 million, about twice its assessed value.
Breakdown:
Property type: Residential development land
Location: 9059152 Street, Surrey, B.C.
Property size: 0.26 acres; 11,724 square feet
Current zoning: Residential FSR 2.5
Potential: High-density residential zoning
Assessed value (2019): $839,100
Listing price: $1.65 million
Sale price: $1.63 million
Date of sale: September 20, 2019
Brokerage: Varing Marketing Group, Homelife Glenayre Realty Company Ltd.
Broker: Joe Varing
