For new mortgages, if the downpayment or equity is less then 20% of the purchase price, the amortization cannot exceed 25 years and the maximum purchase price must be less than $1,000,000.
Mortgage rates are estimates of current rates. No fees are included.
An exceptional investment opportunity in a high-demand South Surrey location. 1682 140th Street offers strong potential for future fourplex development (subject to municipal approvals), making it an ideal acquisition for builders, developers, and long-term investors. Situated on a well-located lot within an established and evolving neighbourhood, this property benefits from proximity to schools, parks, shopping, transit, and major commuter routes-key drivers for multi-unit rental demand and resale value. The area continues to see steady growth, with increasing interest in gentle density and small multi-family projects. Whether held as a land-banking strategy or positioned for redevelopment, this property represents a rare chance to capitalize on Surrey''s ongoing expansion, housing demand.
Disclaimer: Listing data is based in whole or in part on data generated by the Real Estate Board of Greater Vancouver and Fraser Valley Real Estate Board which assumes no responsibility for its accuracy.