Richmond Condo Specialist

13851 115 Avenue in Surrey: Bolivar Heights Land Commercial for sale (North Surrey) : MLS®# C8076714


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13851 115 Avenue
Bolivar Heights Surrey V3R 5Y3

$3,600,000
Land Commercial

Status:
Active
Prop. Type:
Land Commercial
MLS® Num:
C8076714
COURT ORDERED SALE. 13851 115 Avenue, Surrey, BC - A 1.86 acre property with a single family home in place approved at 3rd reading for a 6-lot residential subdivision with PLA in place. Colliers presents a rare development opportunity to purchase a boutique development property with favourable zoning that supports low-risk, single family residential development. The property offers flexibility for a range of housing forms, including single-family or small-scale multi-unit residential options. Set in a highly desirable, park-like environment, the site backs onto a greenway along the north side, providing natural views and enhanced livability. An excellent opportunity for builders and investors seeking a well-located site with strong development fundamentals and long-term value.
Sale Type:
Asset
Ownership:
Freehold
Property Type:
Land Commercial
Lot Area:
1.86 acre(s)
Zoning:
Potential to Redevelop:
PLA AND 3RD READING HAS BEEN ACHIEVED FOR 6-LOT SUBDIVISION, No
Fencing:
# Of Parking Spaces - Total:
Road Frontage:
Heating:
Electricity:
No
Parcel Number:
002328691
Taxes:
$15,689.76 / 2025
No
Water Rights:
No
Roof:
Potential to Redevelop:
PLA AND 3RD READING HAS BEEN ACHIEVED FOR 6-LOT SUBDIVISION, No
Env Assmt Phase:
No
Cap Rate %:
Gross Income:
Oper. Expenses:
Other Income:
Effective Gross Income:
Net Operating Income:
Previous Price:
Original Price:
Listed by Colliers
Data was last updated March 4, 2026 at 04:40 PM (UTC)
Eric Lin
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