$16,900,000

8657 132 Street, Surrey V3W4P1

Detached

Listed by: Colliers.

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Description

Priced below assessed value! Opportunity to purchase a freestanding industrial building with additional development potential located in the heart of the highly sought after Newton Industrial area of Surrey, BC. The site offers immediate supplemental cash-flow by utilizing the lands located under the power-lines which can be used for truck parking or storage, subject to municipal and BC Hydro approvals. With access from both 132nd and 86th Avenue, the property offers multiple users access to and from the site. Well located with excellent logistic connectivity to major transportation routes including Trans-Canada Highway, South Fraser Perimeter Road, Highways 10, 15, 91 and 99. This location also provides an abundance of amenities including restaurants and shopping close by on both King George Blvd to the east and Scott Road to the west. Priced below assessed value! (id:66934)

Location

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Property Details

Property Type	Detached
Sub Type	Industrial
Listing ID	C8081043

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8657 132 Street, Surrey
MLS® C8081043 · $16,900,000

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Defaults use the Bank of Canada's monthly average rates actually charged on new mortgage lending, including renewals and refinancing. Below 20% down uses the insured average; otherwise uninsured. Terms use the published 1–under 3, 3–under 5, or 5-years-and-over range, not an exact-term quote. These are volume-weighted chartered-bank averages published with a lag, not today's offers or a rate guarantee. New observations are checked automatically. Your available rate may differ.

Monthly payments use Canadian fixed-rate, semi-annual compounding. The term is the contract length; amortization is the repayment period. Renewal rates may change.

Assumes an owner-occupied Canadian home with one or two units, a traditional down payment and lender approval. Below 20% down, the estimate finances the standard CMHC premium, plus 0.20 percentage points for eligible 30-year amortization. Lender requirements may differ. Not for commercial, land-only or construction financing. Excludes property taxes, strata fees, utilities, home insurance and closing costs.

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