5850 177B St 86 Unit Block of Flats For Sale Surrey, BC V3S 4J6

EXECUTIVE SUMMARY

Dogwood Gardens a Redevelopment Site offering a prime canvas for visionary investors and developers. Nestled on a sprawling 7.39-acre site, this property boasts 86 units ready for transformation through strata land redevelopment or strata wind-up. The expansive size and strategic location make it an ideal canvas for creating a vibrant, new community hub. Strategically situated in close proximity to the highly anticipated Cloverdale Hospital, the potential of this site is further underscored by its convenient access to both Hwy. 15 and Hwy. 10 and all the local amenities. This coveted location ensures seamless connectivity to major transportation routes, enhancing accessibility for future residents or occupants. Aligned with the city’s forward-thinking vision, the Official Community Plan (OCP) designates the land use as Urban, while the Local Area Plan focuses on the dynamic growth and development of Cloverdale Town Centre. This strategic alignment opens the door to a myriad of possibilities for innovative urban design and development. Whether you’re a seasoned investor with an eye for potential or a developer seeking to leave your mark on Surrey’s evolving landscape, Dogwood Gardens Redevelopment Site offers the perfect opportunity to turn vision into reality.

PROPERTY FACTS

Sale Type Investment
Sale Condition Development Sale
No. Units 86
Property Type Multifamily
Property Subtype Apartment
Apartment Style Town house
Building Class C
Building Size 139,762 SF
Number of Floors 2
Year Built 1969
Walk Score®
Very Walkable (85)
Bike Score®
Very Bikeable (82)
  • Listing ID: 34096864

  • Date on Market: 05/12/2024

  • Last Updated:

  • Address: 5850 177B St, Surrey, BC V3S 4J6