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10492 CITY Parkway
Whalley Surrey V3T 4C5

$3,000,000
Multifamily beds: 1 baths: 0.0 6,431 sq. ft. built: 1972

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Status:
Active
Prop. Type:
Multifamily
MLS® Num:
R2925540
Bedrooms:
1
Year Built:
1972
INVESTOR ALERT! Don't miss out on this exceptional opportunity to own a PRIME income-producing property in the path of redevelopment. Located in the heart of Central Surrey between the new Concord Pacific "Piano" (50+ storey 1,000+ units, FAR 7.5) and the new BOSA "Parkway" (50+ storey 2,000+ units, FAR 7.5), this 7,482 sq.ft corner property could be part of the next 50+ storey development in the area. The building is in well-maintained condition and features 6 renovated apartment units on the second floor (3x bachelor, 3x 1-bedroom) and an approved church tenant on the main floor (reduced property taxes). Onsite parking for 12 cars. First time on the market in 22 years, call today for more information. Do not approach tenants. For development potential refer to Surrey City Centre plan
Property Type:
Multifamily
Dwelling Type:
Other
Year built:
1972 (Age: 52)
Total area:
6,431 sq. ft.
Total Floor Area:
6,431 sq. ft.
Main Floor Area:
2,832 sq. ft.
No. Floor Levels:
2.0
Bedrooms:
1 (Above Grd: 1)
Bathrooms:
0.0 (Full:0/Half:0)
Taxes:
$4,744.85 / 2024
Lot Area:
7,458 sq. ft.
Lot Frontage:
59'11"
Lot Depth:
124.53
Outdoor Area:
Fenced Yard
Basement:
None
Parking Total/Covered:
12 / -
Title to Land:
Freehold NonStrata
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Listed by eXp Realty of Canada, Inc.
Data was last updated October 4, 2024 at 04:35 AM (UTC)
Area Statistics
Listings on market:
14
Avg list price:
$2,775,000
Min list price:
$1,499,000
Max list price:
$8,000,000
Avg days on market:
86
Min days on market:
6
Max days on market:
329
Avg price per sq.ft.:
$726.94
These statistics are generated based on the current listing's property type and located in North Surrey. Average values are derived using median calculations.
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BC properties for sale - Real Estate Basics

When you are planning to buy a property for sale, you should consider your lifestyle and budget, as well as how much you want to be involved in home maintenance. Here are some important considerations in selecting a home from the properties for sale:

Always have a Home Inspection done on the property!

If the home is less then 10 years old, check the Home Warranty provided for the property.

If the property is part of a Strata Corporation, it is very important to read and understand all the Strata documents, to determine the strata status before making a purchase decision.

These are the most common docs:

  • Current Form B
  • Bylaws & Rules
  • Strata Minutes including AGM, SGM
  • Rental Disclosure Statement
  • Engineering Reports
  • Depreciation Reports
  • Current Financial Statements
  • Insurance Certificate

If the home was built before 1990 it is important for you to know about the health risks associated with asbestos. See more details about asbestos in our Home Renovations blog page.

The location is always extremely important! You should consider the time you lose commuting to your work, the schools that are in the neighbourhood, access to amenities, shopping, parks, etc. You should also sick information about the Radon levels in the area & home. Radon might be a health issue if the level present in your home is higher. Find more information on our Radon blog page.

Before completing a transaction on a property, check the Property Ownership Types available in British Columbia.

Make sure you a know about the programs and incentives available for First Time Home Buyers if you are one!

If you are buying a property that is tenanted, check the different rules that apply for Tenant Occupied Properties.

Find other important information you have to know when you are buying a property on our Real Estate Blog Pages.

To learn about Consumer Protection in BC Real Estate Market visit BCFSA (BC Financial Services Authority).

You should also check the prices for the recently Sold homes/ properties/ real estate in your neighbourhood! You can find them searching on the Communities pages or searching Residential by Map All MLS ® Sold Listings are available!