(Posted on Jul 14, 2016 at 01:00PM by Michelle Bogle)
Our Vancouver office recently listed this prime 0.5 acre parcel of land in the highly coveted area of Ocean Park in Surrey, B.C. – just a 10 minute walk to picturesque Crescent Beach.Â
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Priced at $2,350,000, the property’s current RF zoning allows for subdivision into two 50’ x 200’ lots. The Development Cost Charges (DCCs) are estimated at $35,000 for city service upgrades.
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Currently, the lot has an existing 2,041 sq. ft. structure with 3 bedrooms and 2 baths. However, the land is best-suited for re-development by a builder for greater investment potential as a multi-family property.
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Here’s a closer look at 12552 25th Avenue:
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For complete listing details regarding this land asset in Surrey, please click here or contact Dustin Miller at 604-675-5253.Â
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You can also follow along with Dustin’s blog where he shares the latest commercial real estate news and land investment opportunities in Greater Vancouver and Vancouver Island.Â
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For more featured listings across British Columbia, please click here.
