$7,500,000

14318 60 AVENUE

Surrey · MLS® C8081438

50,530 sq ft lot

Land · Vacant Land · 48 days on market

Listed by Joe Varing, Homelife Advantage Realty Ltd.

Realtor's description

1.16-acre condo development site in South Newton, with 3rd Reading approval and a PLA in place for 112 units. Conveniently located near several schools and a variety of amenities. Buyers and their agents must independently verify all information and complete all inspections and due diligence they consider necessary before entering into a binding agreement. DISCLAIMER: Property sold "as is, where is." Buyer and Buyer's agent to independently verify all information and complete all required due diligence. Seller and listing agent make no representations or warranties.

Property details

Type: Land, Vacant Land
Lot: 50,530 sq ft
Parking: 0
Property tax: $31,209 / yr
Days on market: 48
MLS®: C8081438

Property insights

On market 48 days

The market here

Listed now: 105 days; median for 207 homes for sale; this one 48 days

Homes in Surrey. Sale prices register 1 to 3 months after a sale closes.

Monthly cost

$35,277/mo

Mortgage $32,677 · Tax $2,601

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment

$32,677/ monthly

loan $6,000,000

25-year amortization

down payment20% · $1,500,00020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 9, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $3,803,034
property transfer tax: $293,000; BC general rate
cash to close: $1,793,000; down + PTT
total paid: $9,803,034

Estimates only. Rates change daily and lenders qualify at the stress-test rate; first-time-buyer and newly-built PTT exemptions aren't applied. Talk to a mortgage broker before you offer.

Location

Lot outline: 4,675 m² (50,321 sq ft) · PID 003-412-113. From ParcelMap BC; property lines are approximate, a survey is the legal boundary.

SurreyGoogle Maps ↗

Location

SurreyGoogle Maps ↗

Schools

Catchment schools, Surrey School District 36

Elementary Goldstone Park Elementaryhomes in this catchment
800 m away · 6287 146 St, Surrey · 604-595-2767
Secondary Sullivan Heights Secondaryhomes in this catchment
1.9 km away · 6016 152 St, Surrey · 604-597-1977

From the Surrey School District 36's published catchment maps. A catchment gives priority, not a guaranteed seat, and French immersion and choice programs work differently. The district confirms catchment: check with its school locator.

Development nearby

Rezoning for a 5 storey, 215 unit building
180 m away · 2025 · under review
Rezoning from Acreage Residential Zone (RA) to Comprehensive Development Zone (CD) (Based on Multiple Residential 70 Zone (RM-70) Neighbourhood Commercial Zone (C-5); Official Community Plan (OCP) Text Amendment within Multiple Residential designation from 1.5 FAR to 2.14 FAR; South Newton Plan Text Amendment within Low-Rise Mixed Use designation from 2.0 FAR to 2.14 FAR; Development Permit to per
Rezoning for a 5 storey, 112 unit building
40 m away · 2025 · conditionally approved
Rezoning from Acreage Residential Zone (RA) to Comprehensive Development Zone (CD) (based on Multiple Residential 70 Zone (RM-70); Neighbourhood Concept Plan (NCP) Amendment to allow a higher density within the Low Rise Residential designation; Repeal Housing Agreement; Development Permit to permit development of a five-storey residential building containing 112 dwelling units and three levels of
Rezoning
140 m away · 2026 · concluded
Rezoning to amend CD Bylaw No. 20897; Development Variance Permit (a) in Table D.1 of Part 5 Off-Street Parking and Loading/Unloading the minimum number of off-street parking spaces for visitors in a Multiple Unit Residential Dwelling non-ground-oriented building is reduced from 0.2 parking spaces per dwelling unit to 0.1 parking spaces per dwelling unit; and in section D.2 of Part 5 Off-Street Pa
Rezoning
330 m away · 2018 · under review
Rezoning from RA to RF-10 and Subdivision from 1 into 2 residential lots.

Applications filed with the city, active or decided in the last 3 years, measured from the listing's map pin. An application isn't an approval; the city's page has the current details. Source: City of Surrey development applications.

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