11961 97a Avenue
About this House
Developer & Investor Alert: Prime 26,400 sq ft property with 200 ft frontage in North Surrey’s transitioning Royal Heights. This high-potential parcel offers exceptional versatility in a rapidly growing neighborhood. Development pathways include subdividing into 4 R3-zoned lots to construct 5,000 sq ft homes, or applying under Frequent Bus Stop Area (FBSA) guidelines to build up to 6 dwelling units per lot with zero parking requirements. The existing 2,800 sq ft residence features a secondary suite, serving as an ideal holding property to generate steady rental income while navigating the rezoning and building permit phases. All development potential, bylaws, and suite legality must be independently verified by the buyer or their agent via due diligence with the City of Surrey.
Listed by eXp Realty.
Developer & Investor Alert: Prime 26,400 sq ft property with 200 ft frontage in North Surrey’s transitioning Royal Heights. This high-potential parcel offers exceptional versatility in a rapidly growing neighborhood. Development pathways include subdividing into 4 R3-zoned lots to construct 5,000 sq ft homes, or applying under Frequent Bus Stop Area (FBSA) guidelines to build up to 6 dwelling units per lot with zero parking requirements. The existing 2,800 sq ft residen…ce features a secondary suite, serving as an ideal holding property to generate steady rental income while navigating the rezoning and building permit phases. All development potential, bylaws, and suite legality must be independently verified by the buyer or their agent via due diligence with the City of Surrey.
Listed by eXp Realty.
Listing Details
- MLS®: R3136948
- Bedrooms: 5
- Bathrooms: 3
- Type: House
- Square Feet: 2,800 sqft
- Lot Size: 26,400 sqft
- Frontage: 200.00 ft
- Full Baths: 2
- Half Baths: 1
- Taxes: $7159.47
- Parking: Garage Double, Open, Front Access, Garage Door O
- Basement: Finished
- Storeys: 2 storeys
- Year Built: 1968
Brought to you by your friendly REALTORS® through the MLS® System, courtesy of Karin Ericson for your convenience.
Disclaimer: 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 Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy.
Neighbourhood Intelligence by HoodQ
Here is a brief summary of some amenities close to this listing (11961 97a Avenue, Royal Heights, North Surrey), such as schools, parks & recreation centres and public transit.
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