$16,990,000
13335 KING GEORGE BOULEVARD
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About this home
Industrial land in Surrey City Centre, zoned CHI (Highway Commercial Industrial). Approx. 1.688-acre rectangular lot with ~300 feet of frontage, located 500 meters from Surrey Gateway Station. No Foreign Buyer Ban or 20% additional property transfer tax (confirm with your lawyer). The property is within the Surrey City Centre Plan and designated Tier 3 Transit-Oriented Area under Bill 47, supporting potential future development up to 3.0 FAR for medium-density multi-family or purpose-built rental, subject to approvals, with possible higher density through application to the City of Surrey. Suitable for build-to-rent, build-to-sell. Or hold and utilize existing CHI zoning as the area densifies. (id:65958)
- Subtype
- Industrial
- MLS#
- C8076713
- Area
- SURREY
Cash on cash
-11.23%
Cap rate
3.64%
GRM
16.7
Break-even rent
$118,411
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: 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 17, 2026.