Property Type: Land / LotOwnership: Freehold

6670 KING GEORGE BOULEVARD

Surrey, BC V3W4Z5

$11,999,000

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Property Details

Property & Lot

Lot size
41,299.08 square feet

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$44,370.36 (2024)

Interior

Fireplace
None

Listing Information

MLS®
R2997837
Listed
May 6, 2025
Time on market
On the market for 482 days
Tax assessment year
2024
Data last synced
August 28, 2026

Listing provided by: eXp Realty of Canada, Inc. · Data source: CREA DDF.

Description

Prime Development Land in Central Surrey - 41,299 Sq.Ft. Vacant Lot! Outstanding opportunity to invest in the future of Surrey! This centrally located vacant development lot spans 41,299 sq.ft. and sits just minutes from Surrey's proposed largest arena and shopping complex, offering exceptional visibility and long-term value. Zoning: CTA (Tourist Accommodation) OCP Land Use: Multiple Residential & Urban. NCP Designation: Low-Rise Mixed Use / Townhouse (Newton KGB Plan Area) The site holds strong potential for a 6-storey mixed-use development, with ground-floor retail, office space, and condominiums, or possibly a hotel - subject to verification with the City of Surrey. This high-exposure parcel is ideal for development. Call for more information. (id:63159)

Location Insights

Weather

Nearest station: Langley

Clear

14°C

Clear

Humidity 87%

Wind S calm 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

37

5/9 categories nearby

Transit

33

5 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
Henry Bose ElementaryElementary454 m
Hyland ElementaryElementary774 m
Ecole Panorama Ridge SecondaryElementary887 m
North Ridge ElementaryElementary965 m
St Bernadette(Independent)Elementary978 m
Gabrielle-RoyK-121.0 km
W E Kinvig ElementaryElementary1.1 km
McLeod Road TraditionalElementary1.3 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
Northbound King George Blvd @ 6700 Block19 m
Southbound King George Blvd @ 6500 Block97 m
Southbound King George Blvd @ 68 Ave198 m
Eastbound 68 Ave @ King George Blvd298 m
Westbound 68 Ave @ King George Blvd324 m

Nearby Places

Restaurants (3)

  • King George Pizza322 m
  • Denny's · 6850 King George Boulevard417 m
  • Ambar Surrey Dhaba · 6914 King George Boulevard502 m

Grocery (3)

  • Greco's Specialty Foods Market · 6886 King George Boulevard469 m
  • Aggarwal Grocery Hub · 6899 King George Boulevard513 m
  • Patel Supermarket · 6922 King George Boulevard524 m

Parks (5+)

  • Unnamed261 m
  • Unnamed407 m
  • Unnamed509 m
  • Unnamed510 m
  • Unnamed603 m

Gyms (1)

  • Club16 Trevor Linden · 6899 King George Boulevard456 m

Pharmacies (1)

  • Dean Pharmacy · 6844 King George Boulevard374 m

Nearby places data: © OpenStreetMap contributors.

School district: Surrey (SD36)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($2,399,800) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$9,599,200.00
Periodic payment — Principal & Interest (monthly)$61,930.78
Additional monthly expenses (strata, tax, utilities, etc.)$3,697.53
Total monthly cost$65,628.31
Interest paid over 5-yr term$2,751,158.31
Balance at end of term$8,634,511.45

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$2,399,800
Stress test qualifying rate8.09%
Payment you must qualify for$73,814.49

Cash Needed at Closing

Minimum down payment$2,399,800
Estimated BC PTT$517,950
Legal / closing costs (typical estimate)$1,500
Total cash needed$2,919,250

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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