City Corners by Zenterra Developments

City Corners is a six-storey, 100-unit building located just west of the 25-acre Holland Park.

A first for Surrey City Centre, most homes won't include parking due to its transit-friendly location.

As such, buyers can anticipate more budget-friendly options, with prices commencing in the mid $300s.

Tailored for investors, first-time homebuyers, and young professionals alike.

10% deposit, with completion slated for early 2027.

Designed by award-winning Integra Architecture, this West Coast-inspired structure sits adjacent to the 25-acre Holland Park, offering quick access to Central City retail and shopping, Skytrain, SFU, KPU, and the forthcoming UBC Campus, all within walking distance.

As a previous Zenterra employee and current Zenterra investment condo owner, I can speak to the overall quality and service of the award-winning development firm.

Zenterra Developments has implemented competitive pricing for its units to accelerate both sales and construction timelines.

Therefore, this presents an excellent chance for individuals to capitalize on reduced prices (compared to market averages), enabling their investment to flourish during the 2.5-year construction phase, with expectations of interest rates normalizing during this period as well.

Reduced Parking

"In accordance with changes to the Local Government Act, Section 525, under Bill 47 (2023) a local government must not require an applicant within a transit-oriented area to provide offstreet parking spaces for the residential use of the land, other than accessible spaces. The legislation gives local governments until June 30, 2024 to update their zoning bylaws to remove the minimum residential parking requirements."

Zenterra conducted a market analysis which endorsed the decrease in parking provision at this site. With King George and Surrey Central Station both within walking distance, the City of Surrey approved Zenterra's request to decrease the on-site parking capacity. This adjustment is anticipated to enhance affordability for prospective homeowners.

Surrey City Centre

The skyline of Surrey City Centre is layered with high-rises and construction cranes, marking the ongoing evolution of this once struggling area of the Metro Vancouver.

The transformation witnessed in recent years cannot be overlooked, with some of the regions most reputable home builders contributing to the revitalization of this vibrant urban community.

Attracting young professionals, families, students, and newcomers alike, the area's affordability and transit accessibility are key draws.

With significant investments from SFU and UBC pouring into the neighborhood, the future of this youthful, student-centric community is positive.

For more information on Surrey City Centre, visit my neighbourhood profile: City Centre

Building Features:

• Fourth-floor lounge complete with outdoor patio.
• Fully equipped residents gym.
• 9' ceilings throughout living spaces with oversized windows for ample natural light.
• 1 storage locker with all homes.
• Samsung appliance package featuring gas-range, dishwasher, and fridge. 
• Secured by 2-5-10 year home warrant and backed by Zenterra's after-sales care team which has contributed to Zenterra receiving Multi-Family Home Builder award 7 out of the last 10 years.
  
  

Developed by Zenterra Developments - With many years of diverse experience between them, the partners at Zenterra have a proven track record for delivering outstanding results and providing unparalleled service. Based on honesty and integrity, Zenterra has earned the respect of other BC developers through continuously surpassing expectations. As specialists in single family and multi-family home construction, clients can breathe easily knowing that the Zenterra team has the dedicated expertise and insight necessary to create market-leading quality homes.

Development Details

• Total Homes | 100
• Storeys | 6-storeys
• Completion Date | Early 2027
• Deposit | 10%
• Assignment Fee | $0
• Starting From | Mid $300'000's
  
  

Manraj's Thoughts

• As a specialist primarily assisting condo sellers and buyers, Surrey City Centre remains a favored destination for many purchasers due to its affordability and high quality development offerings, and I foresee this trend persisting.
  
  
• When comparing prices with other transit-oriented locales like Burnaby or Coquitlam, you'll notice that comparable properties are significantly more affordable, ranging from $50,000 to $150,000 depending on the type of residence.
  
  
• Strong rental market fundamentals.
  
  
• Within walking distance to SFU and the future UBC Surrey campus.
  
  
• Low deposit structure at 10% - compared to concrete high-rise presales where 20% deposits are the norm
  
  
• Reputable developer with long standing track record of quality building throughout South Surrey & Langley. 
  
  
• Growing list of retail, entertainment and service amenities that will contribute to the overall appeal of this community.
  
  
• Community that is investing in infrastructure and amenities; new community centres, schools & retail.
  
  
• Strong resale demand for newer product. First-time buyers & young families from across Metro Vancouver are choosing Willoughby because of its convenient location, community diversity and overall safety.