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.
Address
11961 97a Avenue
List Price
$2,400,000
Property Type
Residential
Type of Dwelling
Single Family Residence
Structure Type
Residential Detached
Transaction Type
Sale
Area
North Surrey
Sub-Area
Royal Heights
Bedrooms
5
Bathrooms
3
Half Bathrooms
1
Floor Area
2,800 Sq. Ft.
Main Floor Area
1665
Lot Size
26400 Sq. Ft.
Lot Size Dimensions
200 x 132
Lot Size (Acres)
0.61 Ac.
Lot Features
Central Location, Cul-De-Sac, Recreation Nearby
Lot Size Units
Square Feet
Total Building Area
2800
Frontage Length
200
Year Built
1968
MLS® Number
R3136948
Listing Brokerage
eXp Realty
Basement Area
Finished
Postal Code
V3V 2G9
Zoning
R3
Ownership
Freehold NonStrata
Parking
Garage Double, Open, Front Access, Garage Door Opener
Parking Places (Total)
6
Tax Amount
$7,159.47
Tax Year
2025
Site Influences
Balcony, Central Location, Cul-De-Sac, Garden, Private Yard, Recreation Nearby
Exterior Features
Garden, Balcony, Private Yard
Appliances
Washer/Dryer, Dishwasher, Refrigerator, Stove
Interior Features
Storage
Board Or Association
Fraser Valley
Heating
Yes
Heat Type
Forced Air, Natural Gas
Fireplace
Yes
Fireplace Features
Wood Burning
Number of Fireplaces
2
Garage
Yes
Garage Spaces
2
Other Structures
Workshop Detached
Levels
Two
Number Of Floors In Property
2
Window Features
Window Coverings
Security Features
Security System