10595-10661 137a St - Apartments FOR SALE


Surrey, BC V3T 4J7
$19,800,000 CAD
10595-10661 137a St, Surrey, BC for Sale
$19,800,000 CAD
Apartments - FOR SALE
1/5
null | Request Cap Rate

10595-10661 137a St
Surrey, BC V3T 4J7


HIGHLIGHTS

  • Situated within Surrey City Centre, a major regional growth node designated for urban intensification.
  • Immediate proximity to Gateway SkyTrain Station, enabling direct transit connectivity to Vancouver.
  • Minutes from Central City Shopping Centre, SFU Surrey, civic services, and future infrastructure improvements.
  • Located along an active redevelopment corridor supported by municipal planning for high-density residential and mixed-use projects.
  • Strong long-term investment fundamentals driven by population growth, housing demand, and commercial amenities.
  • Offered as a court-ordered sale with development potential subject to buyer verification of zoning, density, and approvals.

OVERVIEW

Court-ordered sale - prime development/investment opportunity at 10595-10661 137A Street, Surrey, anchore by the RED BRICK low-rise residential project at 10661 137A Street. Located in Surrey City Centre, steps to Gateway SkyTrain Station and minutes to Central City, SFU Surrey, and major amenities. Situated within a high-growth urban corridor with ongoing densification and strong redevelopment momentum. Ideal for developers or value-add investors seeking long-term upside. AS-IS, WHERE-IS sale. Subject to court approval. Buyers to verify zoning, density, and development potential. 75% pre-sold and under phase 2 construction.

FOR SALE DETAILS

PRICE

$19,800,000 CAD

PRICE/SF

$93 CAD /SF

# OF UNITS

213

PRICE/UNIT

$92,958

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Red Brick Surrey

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

6

YEAR BUILT

2027

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.04 AC

LAND SF

88,862 SF

ZONING

CD-1

APN/PARCEL ID

857009,913936,9767282,9767312,9884807,9905847

ASK ABOUT THIS PROPERTY

Roy SunRoyal Regal Realty Ltd.More Info

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Roy SunRoyal Regal Realty Ltd.More Info

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