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Investment signal

$18,990,000

13317 KING GEORGE BLVD

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Beds

Baths

Sqft

Year

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

Prime ~1.90-acre rectangular corner lot with over 450 ft of frontage on Bolivar Rd and 180+ ft on King George Blvd. Located just ~550 m from Gateway Station. Zoned CHI & R3 and within the Surrey City Centre Plan, designated Tier 3 Transit-Oriented Area under Bill 47, allowing up to 3.0 FAR. Ideal for medium-density multi-family or purpose-built rental, with potential for higher density (subject to City approval). A rare development opportunity in one of Metro Vancouver's fastest-growing urban cores. (id:65958)

Subtype
Vacant Land
Lot size
82,980 square feet
Lot dimensions
82980
On market
Apr 22, 2026
Status changed
Apr 22, 2026
Annual tax
$0 (2025)
Photos
2
MLS#
C8078124
Area
SURREY
Negative cash flow ~$19,294/mo at these assumptions

Cash on cash

-6.10%

Cap rate

3.64%

GRM

16.7

Break-even rent

$115,260

Financing

Down payment$3,798,000
Loan amount$15,192,000
Mortgage$76,976/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$8,704
Insurance$80
Maintenance$15,825
CapEx reserve$7,913
Vacancy loss$4,748

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

Estimated $76,976/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 22, 2026.

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