Property Description

Court-ordered sale. A transit-oriented condo development site in the Clayton Corridor, steps from Fraser Hwy. It's only 250m from the future SkyTrain station (184 St/Fraser Hwy), with the Surrey-Langley line anticipated to be in service by late 2029. There is an active development application for a 6 storey, 111 condo units. Property is designated as Mid Rise Residential (2.5 FAR) as per the latest Clayton Corridor Plan. Potential for higher density as per the recent Provincial Legislation that states any property that is located between 201-400M of a Sky Train stop will be permitted for 4.0 FAR, up to 12 storeys. We encourage you to drive by the site to get a feel for the location.The property is sold on an As Is where is Basis and the Buyer, Buyer's agent to verify all relevant details. (id:7434)