Fraser Valley REALTORS Charitable Foundation to sell vacant land

Fraser Valley REALTORS Charitable Foundation
  • Historic, unique offering; sale proceeds to fulfill a 50-year old legacy

  • 3.58 acres of prime, vacant land in highly sought-after Guildford, North Surrey

  • Excellent development potential

  • Exceptional access to shopping, recreation, parks and transit

Offering Process

The Fraser Valley REALTORS Charitable Foundation (FVRCF) is offering for sale the property at 10515 155 St., Surrey by way of a confidential bidding process. All administration support for the FVRCF is handled through the Fraser Valley Real Estate Board. Confidential access to supporting background materials are available to qualified purchasers upon execution of a non-disclosure agreement.

Please submit all offers to purchase by no later than 4 pm on April 30, 2019.
For supporting materials and/or to submit offers, contact:

Darcie Rosenberg
Executive Assistant
604-930-7604 or darcie@fvreb.bc.ca
c/o Fraser Valley Real Estate Board
15463 104 Ave., Surrey, BC V3R 1N9

Redevelopment Potential

This site has potential for RM-30 Zoning, Multiple Unit Residential Buildings and Ground-Oriented Multiple Unit Residential Buildings, with the density not exceeding a floor area ratio of 1.00 and 75 dwelling units per hectare. The maximum lot coverage shall not exceed 45%. This site is designated in the draft Guildford Town Centre and 104 Ave. Plan as Townhouse.

Based on the permitted density in the RM-30 zone, this site could be developed with an 88-unit townhouse development with a gross building area of 172,782 square feet. Based on the above gross building area and 88 units within the development, an average size of 1,963 square feet per townhouse is anticipated.

3D Map of Vacant Land

Rare Prime Location

Surrey is one of the fastest growing communities in BC and Guildford is one of its most established, sought-after neighbourhoods. In 2016, the population of Guildford was 60,745. This is a rare opportunity to acquire over 3.5 acres of undeveloped land in a highly developed area.

Guildford, located in the northeast corner of Surrey, has a long history, dating back to the late 1800s and as such, is a fully-developed residential community with access to all amenities. The Fraser River surrounds the northern edge of the community with Whalley to the west, Langley to the east, and the southern border jogs from 96th down to 84th Avenue.

For over 100 years, development in Guildford has centred around 152nd Street and 104th Avenue – the area of Guildford Town Centre Mall – only four blocks from this site. Businesses and residents located in this area have excellent access to the freeway and are a short drive or bus ride to Surrey City Centre and the Sky Train.

As residents have prime access to shopping, retail, recreation, transportation and a full range of affordable housing options, it’s easy to live, work and play in Guildford. For this reason, it’s become a destination for homebuyers across Metro Vancouver.

Image of the surrounding areas including Guildford Mall and Surrey Central

Access & Proximity

  • Highway 1

  • Port Mann Bridge

  • Guildford Town Centre

  • Surrey City Centre

  • Simon Fraser University Surrey Campus

  • SkyTrain and transit

Parks & Recreation

Guildford affords its residents excellent recreational opportunities with two recreation centres: Guildford and Fraser Heights, as well as two of Surrey’s largest regional parks. Dog-friendly Tynehead Regional Park offers natural walking trails, picnic areas and is home to the Tynehead Fish Hatchery. Surrey Bend Regional Park provides access to the Fraser River for non-motorized boating activity.

Vacant Land Zoning Map

Surrey Population

2017 (estimate)

557,310

2046 (projected)

820,260

The Future Lives Here

Surrey’s population is projected to increase by over 262,000 people in the next three decades. Based on these projections, Surrey will have about one quarter of the population of Metro Vancouver around the year 2046.

Surrey City Centre has had the highest annual growth rate averaging 2.73% over the last 10 years.

2019-02-27T13:05:54-08:00February 27th, 2019|Community|