Investment signal

$16,990,000

13335 KING GEORGE BOULEVARD

Beds

Baths

Sqft

Year

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
Negative cash flow ~$31,788/mo at these assumptions

Cash on cash

-11.23%

Cap rate

3.64%

GRM

16.7

Break-even rent

$118,411

Financing

Down payment$3,398,000
Loan amount$13,592,000
Mortgage$83,386/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$7,787
Insurance$80
Maintenance$14,158
CapEx reserve$7,079
Vacancy loss$4,248

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

Estimated $83,386/mo at 5.49% with 20% down, 25-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 17, 2026.

We use a single cookie to remember if you’ve dismissed this notice and a no-PII analytics ping. By using this site you consent. Privacy.