Property Type: Land / Lot

17723 96 AVENUE

Surrey, BC V4N4A9

$8,250,000

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Property Details

Property & Lot

Lot size
86,477 square feet

Ownership & Fees

Property type
Land / Lot
Annual property tax
$9,595.13 (2025)

Interior

Fireplace
None

Listing Information

MLS®
C8079079
Listed
May 27, 2026
Time on market
On the market for 96 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Royal LePage Global Force Realty · Data source: CREA DDF.

Description

1.98 acres of flat future IL (Light Industrial) designated land in the highly desirable Port Kells area of Surrey. Excellent holding property with strong future redevelopment potential. Property offers rare double road frontage with access from both 96 Avenue and 97 Avenue. Well-maintained 2,356 SF home featuring 4 bedrooms and 2 full bathrooms plus 2 separate suites providing rental income while you hold. Temporary Use Permit (TUP) to allow truck parking has been applied for and expected to be approved by end of June. Includes additional sheds at the rear of the property. Prime location with quick access to Hwy 1, Hwy 17, Hwy 15, and Golden Ears Way. Rare opportunity in a rapidly growing industrial area. (id:63159)

Location Insights

Weather

Nearest station: Langley

Mainly Clear

16°C

Mainly Clear

Humidity 78%

Wind S 3 km/h

Tonight

14°

Tuesday

21°

Tuesday night

16°

Wednesday

19°

Wednesday night

14°

Thursday

17°

Source: Environment and Climate Change Canada.

Population

568,322

(2021 Census)

+9.7% since 2016

Density: 1,797.9/km²

Dwellings: 195,098

Median household income: $98,000

After-tax: $87,000

Immigrant population: 44.6%

Top countries of origin (% of total population)

  • India16.9% · 95,905
  • Philippines5.2% · 29,510
  • China4.2% · 23,850
  • United Kingdom1.5% · 8,320
  • Korea, South1.2% · 6,995
  • Viet Nam1.1% · 6,425
  • Pakistan1% · 5,710
  • Taiwan1% · 5,540

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

Not enough data yet

Transit

20

3 stop(s) within 800m

How this is calculated

Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.

Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.

Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.

Nearby Schools

SchoolTypeDistance
Bothwell Elementary SchoolElementary1.7 km
Pacific Academy(Independent)K-122.3 km
Gobind Sarvar School(Independent)K-122.4 km
Port Kells ElementaryElementary3.1 km
Coast Meridian ElementaryElementary3.3 km
Serpentine Heights ElementaryElementary3.3 km
Surrey Christian School(Independent)K-123.3 km
Fraser Wood ElementaryElementary3.4 km

Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.

Nearby Transit

StopTypeDistance
Eastbound Golden Ears Way @ 176 St211 m
Westbound 96 Ave @ 176 St361 m
Eastbound 96 Ave @ 173A St712 m

School district: Surrey (SD36)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($1,650,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$6,600,000.00
Periodic payment — Principal & Interest (monthly)$42,580.96
Additional monthly expenses (strata, tax, utilities, etc.)$799.59
Total monthly cost$43,380.55
Interest paid over 5-yr term$1,891,578.97
Balance at end of term$5,936,721.35

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$1,650,000
Stress test qualifying rate8.09%
Payment you must qualify for$50,751.69

Cash Needed at Closing

Minimum down payment$1,650,000
Estimated BC PTT$330,500
Legal / closing costs (typical estimate)$1,500
Total cash needed$1,982,000

Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.

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