The site is currently zoned RA (One Acre Residential) and designated “Suburban” under the OCP. However, recent provincial housing legislation has increased municipal openness to higher-density residential uses, especially for parcels near major amenities and transit corridors. The property is tenanted with a detached home, offering interim income while development plans are pursued. Surrounding the site is a vibrant mix of educational institutions, healthcare infrastructure, parks, and retail amenities. Residents will enjoy proximity to downtown Cloverdale, Langley City, and major thoroughfares including Highway 10 and Highway 15. The area is well-served by public transit and offers a rich community fabric with schools, restaurants, and shopping centers all nearby. This parcel also presents assembly potential with adjacent properties, enhancing its long-term development value. With a competitive asking price of $4,800,000 (approx. $4M per acre), this offering is ideal for developers seeking a strategic foothold in one of Surrey’s most promising growth corridor