12473 114 Avenue

General property description

Great value with great Development potential! Almost 9,000 Sq. Feet this huge lot is located in an up and coming area that is likely to boom in the near and the distant future. Big things are coming to Surrey's Fraser River Waterfront! The City of Surrey has approved a feasibility study for a brand new Waterfront Entertainment District near the new Pattullo Bridge - bringing Restaurants, Retail, parks, Plazas and landmark attractions to this area!! With a high-rise building (Bridgecity) planned and approved just blocks away, this area is likely to change soon for ever! Be ahead of the game and secure this great piece of land for potential huge rewards in the future!! There are two separate ground level units which are fully livable and rentable. Potentially a great-great holding property!

Mortgage estimate

Tax from listing

Est. monthly total

$10,806

/mo

Rate

%

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Amortization

25 yr30 yr

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Principal and interest

$10,176

Property tax

$480

P&I

Tax

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Jessica specialises in residential financing across Greater Vancouver, helping buyers secure competitive rates and navigate complex purchases with clarity.

Jessica Kuan

Senior Partner, Residential Mortgage Broker

Clear Trust Signature MortgagesGet pre-approved

This is an estimate only and does not constitute financial advice or a mortgage offer. Based on $440,000 down (20%) on $2,200,000, Canadian semi-annual compounding. Property tax sourced from listing. No strata fee on record for this listing. Home insurance, land transfer tax, and closing costs are not included. Consult a licensed mortgage professional for personalised advice. Mortgage professionals featured here are independent licensed brokers. Ray Rasouli may receive a referral fee if you choose to work with one. You are under no obligation to use any recommended provider. Full disclosure.