8626 8634 120A STREET

Surrey · MLS® R3106088

0 sq ft lot

Land · Vacant Land · 190 days on market

Listed by Manjit Claire, RE/MAX Real Estate Services

Realtor's description

Claire Group is pleased to present a unique redevelopment opportunity for investors: a 0.44- acre RA-zoned parcel located in Surrey. The official Community Plan (OCP) designates the property for industrial use, offering strong potential for redevelopment into light industrial or business park applications. Ideally situated just one block from the high-traffic intersection of Scott Road and Nordel Way, the site is surrounded by industrial properties, further enhancing its potential.

Property details

Type: Land, Vacant Land
Lot: 0 sq ft
Parking: 0
Property tax: $21,493 / yr
Days on market: 190
MLS®: R3106088

Property insights

On market 190 days

The market here

Listed now: 105 days; median for 208 homes for sale; this one 190 days

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

Monthly cost

$10,287/mo

Mortgage $8,496 · Tax $1,791

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

estimated payment

$8,496/ monthly

loan $1,560,000

25-year amortization

down payment20% · $390,00020%+ 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: $988,789
property transfer tax: $37,000; BC general rate
cash to close: $427,000; down + PTT
total paid: $2,548,789

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: 1,023 m² (11,011 sq ft) · PID 010-312-471. 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 Kennedy Trail Elementaryhomes in this catchment
800 m away · 8305 122a St, Surrey · 604-590-1198
Secondary L.A. Matheson Secondaryhomes in this catchment
1.7 km away · 9484 122 St, Surrey · 604-588-3418

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
310 m away · 2025 · conditionally approved
Rezoning from Comprehensive Development Zone (CD) to Comprehensive Development Zone (CD) (Based on C-8); Development Permit to permit the development of a of a multi-use commercial building containing retail office banquet hall and childcare uses.

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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