$1,188,000
10712 140 STREET
Beds
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Baths
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Sqft
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Year
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Type
Vacant Land
Suite
Investment signal
Location nearby
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Surrey. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
About this home
**ATTENTION BUILDERS/DEVELOPERS/INVESTORS** HUGE 8900 sf flat corner lot in the heart of surrey City Center situated RIGHT BESIDE A CONDO COMPLEX with future Surrey 2050 OCP designation as "Low Rise 1" which permits a 3-6 story residential apartment building! Current R3 zoning allows for a duplex or a house plex (check with city) With the home already being demolished, this READY TO BUILD LOT offers a PRIME LOCATION for building a DUPLEX or HOUSEPLEX saving you time and money! Directly across from an elementary school, steps away from a park and dog park, minutes away from Surrey's emerging downtown which has SFU's Surrey campus (and soon the newly announced SFU Med School), Central City Mall, and Skytrain! Build now in an amazing location or hold for future gold! (id:65958)
- Subtype
- Vacant Land
- Common interest
- Freehold
- Lot size
- 8,901 square feet
- Lot dimensions
- 8901
- On market
- Apr 23, 2026
- Status changed
- Apr 24, 2026
- Annual tax
- $5,251.02 (2025)
- Photos
- 11
- MLS#
- R3115374
- Area
- SURREY
Cash on cash
-6.43%
Cap rate
3.58%
GRM
16.6
Break-even rent
$7,290
Financing
Operating expenses (monthly)
Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 24, 2026.