Developer & Investor Alert: Prime 26,400 sq ft property with 200 ft frontage in North Surrey’s transitioning Royal Heights. This high-potential parcel offers exceptional versatility in a rapidly growing neighborhood. Development pathways include subdividing into 4 R3-zoned lots to construct 5,000 sq ft homes, or applying under Frequent Bus Stop Area (FBSA) guidelines to build up to 6 dwelling units per lot with zero parking requirements. The existing 2,800 sq ft residence features a secondary suite, serving as an ideal holding property to generate steady rental income while navigating the rezoning and building permit phases. All development potential, bylaws, and suite legality must be independently verified by the buyer or their agent via due diligence with the City of Surrey.
Data was last updated June 20, 2026 at 08:40 AM (UTC)
Area Statistics
Listings on market:
23
Avg list price:
$1,399,999
Min list price:
$839,900
Max list price:
$2,400,000
Avg days on market:
74
Min days on market:
1
Max days on market:
467
Avg price per sq.ft.:
$491.57
These statistics are generated based on the current listing's property type
and located in
Royal Heights. Average values are
derived using median calculations. This data is not produced by
the MLS® system.