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.
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Listing updated:
Listed by:
Robyn Lau PREC*,
eXp Realty Brokerage
Source: Greater Vancouver REALTORS®,MLS®#: R3136948Originating MLS®#: Fraser Valley
Parking features: Garage, Open, Front Access, Garage Door Opener
Garage spaces: 2
Has uncovered spaces: Yes
Features
Levels: Two
Stories: 2
Exterior features: Garden, Balcony, Private Yard
Frontage length: 200
Lot
Size: 0.61 Acres
Dimensions: 200 x 132
Features: Central Location, Cul-De-Sac, Recreation Nearby
Details
Additional structures: Workshop
Construction
Type & style
Home type: SingleFamily
Property subtype: Single Family Residence
Condition
Year built: 1968
Community & HOA
Community
Security: Security System
HOA
Has HOA: No
Location
Region: Surrey
Financial & listing details
Price per square foot: C$857/sqft
Annual tax amount: C$7,159
Date on market: 6/17/2026
Ownership: Freehold NonStrata
Robyn Lau PREC*
Robyn Lau PREC*
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