11961 97a Ave, Surrey, BC V3V 2G9
- $2,400,000
- 5
- BD
- 3
- BA
- 2,800
- SqFt
- List Price
- $2,400,000
- Status
- ACTIVE
- MLS® #
- R3136948
- Year Built
- 1968
- Subtype
- Single Family Residence
- Stories
- 2
- Bedrooms
- 5
- Total baths
- 3
- Half baths
- 1
- Living Area
- 2,800
- Area
- North Surrey
- Community
- Royal Heights
Property Description
Developer & Investor Alert: Prime 26,400 sq ft property with 200 ft frontage in North Surrey’s transitioning Royal Heights. This high-potential parcel offers exceptional versatility in a rapidly growing neighborhood. Development pathways include subdividing into 4 R3-zoned lots to construct 5,000 sq ft homes, or applying under Frequent Bus Stop Area (FBSA) guidelines to build up to 6 dwelling units per lot with zero parking requirements. The existing 2,800 sq ft residence features a secondary suite, serving as an ideal holding property to generate steady rental income while navigating the rezoning and building permit phases. All development potential, bylaws, and suite legality must be independently verified by the buyer or their agent via due diligence with the City of Surrey.
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Additional Information
- Lot Size
- 26,400
- Site Influences
- Central Location, Cul-De-Sac, Recreation Nearby
- Levels
- Two
- Acres
- 0.61
- Fireplaces
- 2
- Region
- North Surrey
- Title To Land
- Freehold NonStrata
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NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.