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1-34 10050-10090 137a Street

Whalley Surrey V3T 5M6

$30,600,000

Multi-Family Commercial

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Status:

Active

Prop. Type:

Multi-Family Commercial

MLS® Num:

C8061578

Build. Type:

Condo Strata Complex

• Photos (30)

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ATTENTION DEVELOPERS & INVESTORS!! 1.3 Acre (Approx. 57,000+ Sq.Ft.) of Land with 34 Town Homes/Apartments in the heart of Surrey!! Potential for Redevelopment into High/Mid Rise! Ideal investment for Rental Income – while you wait for permits! Prime Location – one street over from Surrey Downtown and just Blocks form Surrey Central Mall, Skytrain Station and SFU. Close to schools, entertainment, restaurants, shopping and Hospital. Current F.A.R shows as 2.5 but this land is slated to be 4.0 F.A.R soon - with possible allowable height for up to 12 storeys or more! Price is for all 34 units together with land. Buyer or Buyer’s agent to verify with the City Of Surrey and do due diligence in every respect. Age and all measurements are from Autoprop and are approximate. Call for more details.

General Info:

Sale Type:

Asset

Ownership:

Strata

Property Type:

Multi-Family Commercial

Commercial Type:

Multi Family

Construction:

Frame Wood

Num Storeys:

3

Building Type:

Condo Strata Complex

# Units Total:

34

# Other Units:

0

# of Apartments:

0

# of Studio Apartments:

0

# of Penthouse Apartments:

0

# of Bachelor Apartments:

0

# of 4+ Bedroom Apartments:

0

# of 1 Bedroom Apartments:

0

# of 2 Bedroom Apartments:

34

# of 3 Bedroom Apartments:

0

Year built:

1986 (Age: 40)

Living Area:

0 sq. ft.0 m2

Subject Property Depth:

195'59.4 m

Subject Property Width:

289'88.1 m

Lot Area:

1.33 acre(s)0.54 hectare(s)

Zoning:

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Potential to Redevelop:

Yes

Fencing:

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Parking:

Secured

# Of Parking Spaces - Total:

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Road Frontage:

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Road Surface:

Paved

Heating:

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Cooling:

Mixed

Electricity:

Yes

Services Connected:

Cable Connected, Electricity Connected, Fully Serviced, Natural Gas at Lot Line, Garbage Collection, Street Lighting, Sidewalk, City Water at Lot Line

Sewer:

Public Sewer, Sanitary Sewer, Storm Sewer

Parcel Number:

004784260

Taxes:

$0 / 2023

Amenities (Commercial):

Balconies, Elevator Passenger

Waterfront (Y/N):

No

Security Features:

Secured Garage/Parking

Restrictions:

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Reports Avail:

No

Other Details:

# Elevators:

1

Water Supply:

Public, City Water at Lot Line

Water Rights:

No

Roof:

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Potential to Redevelop:

Yes

Env Assmt Phase:

No

Business Info:

Cap Rate %:

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Gross Income:

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Oper. Expenses:

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Association Fee:

$.00

Other Income:

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Effective Gross Income:

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Net Operating Income:

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Listing Info:

Previous Price:

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Original Price:

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Listed by RE/MAX Bozz Realty

Data was last updated June 10, 2026 at 04:10 AM (UTC)

• Jean Seguin
• RE/MAX Real Estate Services
• 7787852135
• sales@vancouvercommercialbrokers.ca

The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.

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Copyright 2026 by the Greater Vancouver REALTORS®, Fraser Valley Real Estate Board and Chilliwack & District Real Estate Board. All Rights Reserved.

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Multi-family buildings for sale across Vancouver and British Columbia offer investors stable income, long-term appreciation, and diversification within the commercial real estate market. These properties typically include apartment buildings, purpose-built rentals, and multi-unit residential assets designed to generate consistent cash flow.

Vancouver Business Brokers represents multi-family investment properties throughout Metro Vancouver, the Lower Mainland, and BC, providing professional guidance to investors evaluating acquisition opportunities.

Types of Multi-Family Investment Properties

Multi-family real estate encompasses a range of property types, including:

• Purpose-built apartment buildings  
• Small to mid-sized multi-unit residential properties  
• Mixed-use buildings with residential units  
• Redevelopment and value-add opportunities  

Each property type carries different income profiles, financing considerations, and risk factors.

Buying Multi-Family Buildings

Investors evaluating multi-family buildings should consider more than the asking price. Key factors include:

• Net operating income and cap rates  
• Tenant mix and lease stability  
• Operating expenses and maintenance history  
• Zoning, density, and redevelopment potential  
• Local rental market demand  

Professional representation helps investors identify risks and assess long-term performance.

Selling Multi-Family Properties

Selling multi-family real estate requires proper pricing, market exposure, and access to qualified buyers. Investor demand, income stability, and asset condition all influence value.

Working with experienced commercial brokers helps sellers:

• Position assets effectively  
• Reach qualified investors  
• Navigate negotiations and due diligence  
• Close transactions efficiently  

Multi-Family Markets Across British Columbia

Demand for multi-family investment properties varies by region. Vancouver remains a core market, while secondary markets may attract investors seeking higher yields.

Understanding regional market conditions is critical when evaluating pricing and investment strategy.

Next Steps

If you are considering buying or selling a multi-family building in Vancouver or British Columbia, professional guidance can help you navigate the process with confidence.

Frequently Asked Questions

What qualifies as a multi-family building?

Multi-family buildings include properties with multiple residential units, such as apartment buildings and purpose-built rentals.

Are multi-family buildings good investments?

Multi-family properties can offer stable income and long-term appreciation, depending on location, tenant mix, and operating costs.

Do you represent multi-family properties outside Vancouver?

Yes. We represent multi-family investment properties across British Columbia.

What should investors review before purchasing?

Investors should review income statements, operating expenses, tenant leases, zoning, and local market conditions.