8775 168th St, Surrey, BC V4N 5J4

$7,999,900
7
BD
7
BA
4,563
SqFt
List Price
$7,999,900
Status
ACTIVE
MLS® #
R3151719
Year Built
2016
Subtype
Single Family Residence
Stories
2
Bedrooms
7
Total baths
7
Half baths
1
Living Area
4,563
Area
Surrey
Community
Fleetwood Tynehead

Property Description

Prime investment and redevelopment opportunity in sought after Fleetwood! Rare 34,600+ sq. ft. corner property within the Fleetwood Town Centre Plan. This exceptional property features a custom-built 4,600+ sq. ft. luxury home with 7 bedrooms, 7 bathrooms, legal basement suite, and detached coach house, offering excellent holding income potential. Future redevelopment possibilities may include a four storey mixed-use retail and residential development with underground parking, potential FAR of 1.6 and approx. 55,360 sq. ft. buildable area, (buyer to verify with City of Surrey). Prime frontage on 88 Ave & 168 St, close to schools, shopping, recreation, future SkyTrain, and Hwy access. Buyers to conduct their own due diligence regarding zoning, density, permitted uses, and approvals.

Additional Information

Lot Size
34,500
Levels
Two
Acres
0.79
Fireplaces
1
Region
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.