Exceptional opportunity to build on this 8,730 sqft RECTANGULAR R3 LOT w/BACK LANE ACCESS. NO EASEMENTS OR RIGHTS OF WAY. Build FOURPLEX units and get a return of ~1-1.2 million (each unit may be sold independently and can include a MORTGAGE HELPER). Alternatively, explore options such as a 3-STOREY SINGLE-FAMILY HOME WITH GARDEN SUITE or a 3-STOREY DUPLEX WITH TWO GARDEN SUITES (buyer to verify with City). PRIME LOCATION near Semiahmoo Shopping Centre, Highway 99 and transit. Excellent school catchments include Earl Marriott Secondary and Elgin Park Secondary. Minutes to White Rock & Crescent Beach, parks and recreation. Rare DEVELOPMENT-READY SITE. Priced ~$150,000 BELOW BC ASSESSED VALUE.
| Structures | Land Only |
|---|
| Price | $1,248,800 |
|---|---|
| Property Type | Land |
| Ownership Type | Freehold NonStrata |
| Community Features | Near Shopping |
| Utility Type | Sanitary Sewer At Lot Line, Storm Sewer At Lot Line, Electricity At Lot Line, Natural Gas At Lot Line, Natural Gas Connected, Cable Connected |
| Water (WaterSource) | Public |
| Lot Size | 8730 |
|---|---|
| Lot Size Depth | Feet |
| Lot Size Frontage | 63.77 |
| MLS® # | R3087772 |
| Area | South Surrey White Rock |
| Neighbourhood | King George Corridor |
| City | Surrey |
| Postal Code | V4A 1Y1 |
| Gross Taxes | $5,141.04 |
| Zoning | R3 |
Listed by: eXp Realty of Canada Inc.
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.
Public Schools
Information includes BC Government Open License data; school details change often and are offered solely as general guidance.
Private Schools
Closest Transit
Crime Rate
Demographics
Noise/ Power Lines
Other
| School | Type | Grades Served | Catchment Info | Rating | Distance |
|---|---|---|---|---|---|
| Year | Land | Improvements | Total Assessed | YOY Change |
|---|---|---|---|---|
| 2026 | $1,386,000 | $0 | $1,386,000 | — |
Based on 2 comparable active properties in King George Corridor, the average asking price is $1,248,800. This listing is priced 0% below the neighbourhood average. This property is flagged as a Hot Deal (Below Assessment Value) based on its competitive pricing and market demand.
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