14864, 14876, & 14884 103A Avenue, 14865 & 14875 103rd Avenue, 10325 149th Street
Surrey, BC
FOR SALE
Property details
- Gross site area (including lane) 1.24 acres (53,945 sf)
- Current improvements 6 single family homes providing holding income
- Guildford plan designation Low to Mid Rise Residential (up to 6-storeys)
- Project density 129,095 buildable sf (2.39 FAR)
- Total units 182 dwelling units in two 6-storey buildings
- Status PLA and Third Reading Approved (May 2024)
- Land use plan Guildford Plan NCP
- Pricing guidance $8,400,000
Opportunity
Avison Young is pleased to present an exceptional opportunity to acquire a Third Reading Approved and PLA granted, 6-storey wood-frame residential development site, located steps from Guildford Town Centre.
The project consists of two 100% residential condominium buildings featuring 182 residential dwelling units, providing the ability to phase development and passes along considerable cost and time savings given the in-place rezoning entitlements. The property offers a highly efficient site layout with an average unit size of ~610 sf.
Property highlights
1.24 acre (53,945 sf) residential condominium development site
Designated with in the Guildford Plan “Low to Mid Rise Residential” with allowable heights up to 6-storeys
Grandfathered BC Building Code regulations and lower municipal fees from time of Third Reading approval
Walking distance to parks, schools, and sporting facilities perfect for growing families and young adults
Third Reading Approved and PLA granted (May 2024) providing considerable cost and time savings
Ideal project size featuring 182 condo units in two 6-storey buildings
Extremely prominent and high exposure location located steps from Guildford Town Centre
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