192 172 Street

Surrey · MLS® R3179147

7,840 sq ft lot · Land · Vacant Land · listed today

listed by Rahul Gill, Gilco Real Estate Services

realtor's description

A unique opportunity to own in the heart of the community of PACIFIC DOUGLAS, prominently situated on the southeast corner of 172nd Street and 2nd Avenue, minutes from the USA border. The properties are designated "Urban" in the Official Community Plan (OCP) and "Commercial/Residential" in the Douglas NCP, which is intended to support a small neighborhood-oriented, commercial node providing street-oriented commercial services with apartment units above. HOLD OR DEVELOP in strategic Pacific Douglas. The neighbor properties (186, 172 - 172 Street) is also for sale - a great chance to purchase together and land assemble a rare opportunity! All measurements are approximate, buyer or buyer's agent to verify.

property details

type: Land, Vacant Land
lot: 7,840 sq ft
parking: 0
property tax: $4,071 / yr
days on market: 0
MLS®: R3179147

the market here

listed now: 120 days; median for 175 homes for sale; this one listed today

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

monthly cost

$5,566/mo

Mortgage $5,227 · Tax $339

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

estimated payment

$5,227/ monthly

loan $959,685

25-year amortization

down payment20% · $239,92120%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 28, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $608,286
property transfer tax: $21,992; BC general rate
cash to close: $261,913; down + PTT
total paid: $1,567,970

first-time buyernewly builtforeign national

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer. Transfer tax: 1% to $200k, 2% to $2M, 3% to $3M, 5% above. First-time buyers pay nothing on the first $500k for homes up to $835k (phasing out by $860k); newly built homes are exempt up to $1.1M (phasing out by $1.15M). Both need Canadian citizenship or permanent residence and other conditions; the 20% foreign buyer tax applies in Metro Vancouver, the Fraser Valley, the Capital Region, Central Okanagan and Nanaimo.

location

lot outline: 728 m² (7,836 sq ft) · PID 027-360-784. from ParcelMap BC; property lines are approximate, a survey is the legal boundary.

SurreyGoogle Maps ↗

schools

Catchment schools, Surrey School District 36

Elementary Douglas Elementaryhomes in this catchment
200 m away · 17325 2 Ave, Surrey · 604-535-0180
Secondary Earl Marriott Secondaryhomes in this catchment
4.1 km away · 15751 16 Ave, Surrey · 604-531-8354

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, 57 unit building
40 m away · 2021 · under review
Official Community Plan Amendment from Urban to Multiple Residential; Neighbourhood Concept Plan amendment from 45 upa to 61 upa; Rezone from RA RF to CD (based on RM-70 and C-5) Development Permit for form and character; Subdivision (consolidation) to allow for development of a five (5) storey mixed use building containing 57 residential units and 972 sqm of commercial space on one (1) lot.
Rezoning for 18 homes
140 m away · 2020 · under review
Rezoning from RA to RM-30; NCP amendment from 18 units RZ DP DVP NCP amendment from Townhouse (15 upa) and Small Lot Single Family (10 upa) to Townhouse (30 upa); Development Variance permit for setbacks and Development Permit to allow the construction of 18 townhouse units within a hazard lands and sensitive eco-system DP area.

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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