1682 140 STREET, Surrey
An exceptional investment opportunity in a high-demand South Surrey location. 1682 140th Street offers strong potential for future fourplex development (subject to municipal approvals), making it an ideal acquisition for builders, developers, and long-term investors. Situated on a well-located lot within an established and evolving neighbourhood, this property benefits from proximity to schools, parks, shopping, transit, and major commuter routes-key drivers for multi-unit rental demand and resale value. The area continues to see steady growth, with increasing interest in gentle density and small multi-family projects. Whether held as a land-banking strategy or positioned for redevelopment, this property represents a rare chance to capitalize on Surrey's ongoing expansion, housing demand. (id:62865)
Status
Active
Year Built
1974
Property Type
House
Ownership
Freehold
Parking Spaces
6
Annual Tax
$5,359
Tax Year
2025
Data Source
Fraser Valley Real Estate Board
Bedrooms
5
Bathrooms
2
Living Area
2244 square feet
Architectural Style
2 Level
Basement
None
Appliances
Heating
Forced air, Natural gas
Water Source
Municipal water
Sewer
Sanitary sewer,Storm sewer
Utilities
$1,550,000
Office
Hugh & McKinnon Realty Ltd.
Loan Amount:
$1,240,000
Estimated Monthly Payment:
$6,043
This is an estimate for informational purposes only. Consult with a financial advisor.
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