131,422 sqft lot
Freehold NonStrata
RA zone
Public remarks
FOR SALE BY COURT ORDER. Opportunity to acquire a prime 3.02 acre townhouse development site in Grandview Heights, South Surrey. Located within the Sunnyside Heights NCP, this property has obtained PLA approval for 62 stratified townhome units totalling approximately 85,927 SF of saleable area (Proj #20-0159). The site is generally flat with no watercourses. Several active development applications are underway in the nearby vicinity along with community infrastructure projects such as the Ta’talu Elementary School. Minutes to shopping and restaurants in Grandview Corners, Grandview Heights Aquatic Centre and short drive to White Rock Beach. With the rapid growth of the City of Surrey this is a great opportunity for developers to build affordable options in a prime location.
Private remarks
Court Ordered Sale. Total of 3 properties. Schedule 'A' forms part of the Purchase & Sale Agreement. All offers are subject to Court Approval. Measurements are obtained from COSMOS. All measurements are approximate, Buyer to verify if deemed important. Property sold as-is where-is at completion date. No representations or warranties provided by the Seller. Buyer to independently verify all aspects regarding development potential to their satisfaction. DBL EXP#C8068312
Buyer agency compensation
3.22% on the first $100,000 & 1.15% on the balance
$20,999,888
Active
Listed
04/08/2025
Expiry date
Original price
Gross taxes (2024)
$54,884.78
Property transfer tax
$967,994.40
Last Updated: 04/14/2025 04:02 PM
Courtesy of Sutton Group-Alliance R.E.S.
Address | MLS® | Changed | List date | Status | List price | Close price | List agent | List office |
---|---|---|---|---|---|---|---|---|
16620, 16648 & 16674 20 Avenue | R2987589 | 04/14/2025 04:02 PM | 04/08/2025 | Active | $20,999,888 | Login to view | Tanvir Sooch - PREC | Sutton Group-Alliance R.E.S. |