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Property Details


Adam Lawrence Personal Real Estate Corporation presents the opportunity to acquire a 108 unit purpose-built rental building ideally positioned on a quiet residential street in Guildford, Surrey. 


The project is strategically located at 103 Avenue and 141 Street and provides immediate bus transportation to both Guildford and Surrey City Central Stations, offering future tenants low friction access to a number world class rapid transit options. For drivers, the location offers proximity to the Trans Canada Highway and Port Mann Bridge as well as Downtown Surrey's main thoroughfare, King George Boulevard.


Future residents will enjoy an attractive balance of nature and urban living. Steps away, a protected greenbelt and the expansive Green Timbers Urban Forest Park provide opportunities for outdoor recreation in a lush, natural setting. Everyday convenience is equally close at hand with the full suite of shops and services available at Guildford Town Centre, the 104 Avenue Corridor, and Central City’s retail and entertainment offerings.


Surrey is on pace to become Western Canada’s most populous city, and Surrey City Centre is emerging as the region’s dominant urban hub. Anchored by major post secondary institutions, a burgeoning business district, expanding healthcare infrastructure, and the City’s long term plans for an entertainment district and arena, Downtown Surrey is primed for sustained economic growth. This forward thinking vision provides momentum, long term value protection & significant upside for any project delivered in the neighbourhood.


Investment Highlights

  • 108 Unit purpose built rental building in a quiet residential pocket of Guildford, Surrey.

  • Exceptional Transit Connectivity with immediate bus access to Guildford & Surrey Central Stations, plus rapid links to Hwy 1, Port Mann Bridge & King George Boulevard.

  • Amenity Rich Location steps to a protected greenbelt, Green Timbers Urban Forest Park, Guildford Town Centre, 104 Ave Corridor & Surrey Central City.

  • High Demand Rental Node with strong tenant appeal due to proximity to major employment, higher education, shopping, parks, and transportation opportunities.

  • Located in Western Canada’s Fastest Growing Big City, projected to become Western Canada’s most populous city, supporting long term rental demand and asset stability.

  • Surrey City Centre Transformation underway with major institutional, business, healthcare investment & projected entertainment district growth driving future value.

  • Quiet Street with Proximity to Natural & Urban Amenities offers a rare blend of peaceful residential living within minutes of a major urban core.


Project Details


Asking Price $53,000,000

Units 108

Projected Annual Income ~$3,000,000

Estimated Completion


2030

Asking Price per Unit


$490,740

Storeys



6

Project Status Conditionally approved at 3rd reading with PLA approved

Parking 130 Spaces Proposed with 11 Small Car Spaces

Unit Mix


Studio - 16

1 Bed - 49

1 Bed + Den - 11

2 Bed - 21

3 Bed - 10

For information purposes only buyer to confirm and satisfy themselves with all due diligence.

Forward Sale Opportunity: Guildford Purpose Built Rental Building

Forward Sale Opportunity: Guildford Purpose Built Rental Building

10313 141 St, Surrey, BC V3T 4R1, Canada

Guildford

$53,000,000

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Adam Lawrence PREC

Land and Building Sales

604-999-4906

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