FOR SALE EXCELLENT ESTATE BUILDING SITE Ave., Surrey, BC Acres

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FOR SALE 176 St. EXCELLENT ESTATE BUILDING SITE AGRICULTURAL LAND RESERVE AREA: South Surrey 29A Ave. ADDRESS: 18041 28 Ave., Surrey, BC SIZE: 5.523 Acres 32 Ave. 184 St. PRICE: $2,700,000 Joe Varing - Personal Real Estate Corporation 604.565.3478 info@varinggroup.com 360-3033 Immel Street, Abbotsford, BC V2S 6S2 This document has been prepared by Varing Marketing Group for marketing and general information only. Varing Marketing Group believes the information contained in this information package is correct, but makes no representations or warranties with respect thereto. Interested parties should complete their own independent investigations and enquiries as to the ownership and condition of the property and its suitability for any particular purpose. Not intended to cause breach of existing agency agreement.

PROPERTY DESCRIPTION CIVIC ADDRESS: SIZE: HIGHLIGHTS: 18041 28 Ave., Surrey, BC PID: 012-447-277 5.523 Acres Agricultural Land Reserve EXCELLENT ESTATE BUILDING SITE Access is through 29A Ave, last property on the street. Future road access possible on 28th Avenue. There are no residential neighbors to the West and South. Property is zoned A-1. (see pg. 9 for definition) Larger parcel of land in a very quiet neighborhood. The subject site is nestled directly next to the Grandview Area 4 Neighborhood Concept Plan. The entire property is clear of large trees, ready to build for an executive home. (see pg. 7 for Grandview Area 4 proximity) Gentle & gradual slope to the south from 29A Ave. Unobstructed views to the northwest of the North Shore Mountains from the southern portion of the parcel. Civic Taxation is approximately $368 / year versus $5,000-6,000 / year, if the land is continuously cropped as is right now. Projections for future could include ALR exclusion such as the current development application in the process for the neighboring property 2932 176 St. The site is a blank canvas which is rare to find, with no structures to remove or land to be cleared. This is a perfect investment property to hold while you build a private home with a view of the North Shore Mountains. PRICE: $2,700,000 VARING MARKETING GROUP Information Package 18041 28 Ave. PAGE 2

LOCATION Highway 1 is a 10-minute drive north; The Peace Arch Border Crossing is a 4-minute drive South from the subject property directly into the US. 6km away from Highway 10. East Kensington Elementary (960m) and Pacific Heights Elementary (4km) are close by schools. The new Grandview Heights Aquatic Centre is located 4km away and facilitates a full gym, pool and training centre. The town of Cloverdale is 5km away and has facilities such as elementary schools, high schools, Kwantlen Polytechnic University, shopping, restaurants and much more. Grandview Corners Shopping is a 3-minute drive, Willowbrook Shopping Centre is 5 minutes and Guilford Town Centre is 10 minutes. Surrounding Golf courses are Morgan Creek Golf Course, Newlands Golf Club, Hazelmere Golf & Tennis Club and Northview Golf & Country Club. Approx. 15 minutes from White Rock. HWY 99 176 St. (HWY 15) 16 Ave 24 Ave. 184 St. 29A Ave. 32 Ave. VARING MARKETING GROUP Information Package 18041 28 Ave. PAGE 3

AERIAL VIEW TOPOGRAPHY VARING MARKETING GROUP Information Package 18041 28 Ave. PAGE 4

LEGAL VIEW SUBJECT DIMENSIONS SHOWN IN METERS DIMENSIONS SUBJECT DIMENSIONS SHOWN IN METERS 78.56 284.85 284.79 78.57 VARING MARKETING GROUP Information Package 18041 28 Ave. PAGE 5

Additional Info VARING MARKETING GROUP Information Package 18041 28 Ave. PAGE 6

GRANDVIEW AREA 4 - FULL VIEW 29A Ave. VARING MARKETING GROUP Information Package 18041 28 Ave. PAGE 7

GRANDVIEW AREA 4 - CLOSE UP 29A Ave. VARING MARKETING GROUP Information Package 18041 28 Ave. PAGE 8

ZONING DEFINITION: A-1 General Agriculture Zone Part 10 - A-1,General Agriculture Zone Part 10 A-1 A. Intent This Zone is intended to accommodate agricultural uses on lots of a minimum size of 2 hectares [5 acres] and to protect agricultural land from the intrusion of uses not compatible with farm operations. B. Permitted Uses Amendments: 15056, 06/23/03; 15655, 03/07/05; 17290, 12/13/10; 18212, 05/26/13 Land and structures shall be used for the following uses only, or for a combination of such uses: 1. Agriculture and horticulture. 2. One single family dwelling which may contain 1 secondary suite. 3. Intensive agriculture, provided that this use shall occur only on land within the Agricultural Land Reserve (ALR). 4. Farm-based winery provided that: This use shall occur only on land within the Agricultural Land Reserve; and The use is subject to all conditions in the Agricultural Land Commission Act/Regs/Orders. 5. Forestry. 6. Where the lot is 4 hectares [10 acres] or more and is a farm operation, one additional single family dwelling or a duplex. 7. Provided that the total area covered by buildings and structures shall not exceed 10% of the lot: (c) Agricultural and horticultural education; Conservation and nature study; Fish, game and wildlife enhancement; - 10.1 - VARING MARKETING GROUP Information Package 18041 28 Ave. PAGE 9

ZONING DEFINITION: A-1 (CONT.) Part 10 A-1 (d) (e) (f) (g) Hunting and wilderness survival training; Kennels-Commercial; Kennels-Hobby; or Agri-tourism. 8. Horse-riding, training and/or boarding facility provided: there are not more than 40 stalls; and/or it does not include a racetrack licensed by the British Columbia Racing Commission. 9. Accessory uses limited to the following: Display and retail sale of products provided all of the following are satisfied: i. all of the products offered for sale shall be produced by the farm operation or at least 50% of the floor area for product sales and display shall be limited to product produced by the farm operation; ii. products offered for sale shall be limited to agricultural and/or horticultural products and shall exclude dressed fowl or poultry, butchered meat and/or preserved food unless dressed, butchered or preserved off-site; iii. the cumulative maximum floor area for the display and sale of products shall not exceed 93 square metres [1,000 sq. ft.]; iv. all products offered for sale and related displays shall be located entirely within a building; and v. products offered for sale and related displays shall be an accessory use to a single family dwelling and the agricultural and/or horticultural use of the lot; i. Food and beverage service lounge associated with a farm-based winery in accordance with the Agricultural Land Commission Act/Regs/Orders; ii. Retail sales associated with a farm-based winery in accordance with the Agricultural Land Commission Act/Regs/Orders; provided VARING MARKETING GROUP Information Package 18041 28 Ave. PAGE 10

ZONING DEFINITION: A-1 (CONT.) Part 10 A-1 the maximum floor area for retail sales and wine tasting does not exceed 93 sq.m. [1,000 sq.ft.]. (c) (d) (e) Primary processing of products provided at least 50% of the product being processed shall be produced by the same farm operation or is feed required for the farm operation; Private airport, subject to Section B.10, Part 4 General Provisions, of this By-law; Bed and breakfast use in accordance with Section B.2, Part 4 General Provisions, of this By-law; (f) The keeping of boarders or lodgers in accordance with Section B.2, Part 4 General Provisions of this By-law; and (g) (h) Soil amendment; and Cogeneration Facility provided all of the following are satisfied: i. the Cogeneration Facility shall be associated with a greenhouse on the lot; ii. iii. iv. the lot is a farm operation; the Combined Heat and Power Engine capacity must not exceed 1.0 Megawatt of electricity for each hectare of land used for greenhouses; and despite Sub-Section B.9(h) iii. the Combined Heat and Power Engine capacity may be increased to 1.5 Megawatts of electricity for each hectare of land used for a greenhouse if high intensity lighting (greater than 10,000 lux) is used in the greenhouse. C. Lot Area Not applicable to this Zone. D. Density Not applicable to this Zone. E. Lot Coverage Not applicable to this Zone. VARING MARKETING GROUP Information Package 18041 28 Ave. PAGE 11

ZONING DEFINITION: A-1 (CONT.) Part 10 A-1 F. Yards and Setbacks Amendments: 15056, 06/23/03; 15655, 03/07/05; 17771, 11/05/12; 18212, 05/26/14 1. Buildings and structures shall be sited in accordance with the following setbacks: Minimum setbacks: Setback Front Rear Side Side Yard Yard Yard Yard on Flanking Use Street Single Family Dwellings, 7.5 m. 12.0 m. Lesser of; 7.5 m. Duplexes and Accessory [25 ft.] [40 ft.] 13.5 m. [25 ft.] Buildings and Structures [44 ft.] or and All Buildings and 10% of Structures Not Stated Below Buildings for Uses Permitted Under Sections B.1, B.4, B.5, B.9(c) and B.9(h) of this Zone, 1. includin g Accesso ry Building s and Structur es the lot width; but in any event not less than 3.0 metres [10 ft.] 30.0 m. 15.0 m.* 15.0 m.* 30.0 m. [100 ft.] [50 ft.] [50 ft.] [100 ft.] Kennels-Commercial, 30.0 m. 30.0 m ** 30.0 m.** 30.0 m. Kennels-Hobby, Horseriding training and/or boarding [100 ft.] [100 ft.] [100 ft.] [100 ft.] Buildings for Uses Permitted Under Section 90.0 m. 15.0 m. 15.0 m. 30.0 m. B.3 of this Zone*** [300 ft.] [50 ft.] [50 ft.] [100 ft.] Buildings and Structures 30.0 m. 30.0 m. 30.0 m. 30.0 m. For Private Airport [100 ft.] [100 ft.] [100 ft.] [100 ft.] Measurements to be determined as per Part 1 Definitions, of this By-law. VARING MARKETING GROUP Information Package 18041 28 Ave. PAGE 12

ZONING DEFINITION: A-1 (CONT.) Part 10 A-1 * If the side yard or rear yard abut a Residential lot, any exhaust fans or machinery used in the said building shall be located at least 24 metres [80 ft.] from any lot line and shall emit a noise level no greater than 60 db(a) at the perimeter of any lot line. ** When the front yard is 90 metres [295 ft.] or more, the rear yard and side yard may be reduced to 15 metres [50 ft.] for uses permitted under Subsection B.7(e) and B.7(f). *** The said buildings shall be located not less than 30 metres [100 ft.] from the boundary of any other Zone. Maximum setbacks: No portion of a single family dwelling and an additional single family dwelling or a duplex shall be located farther than 50.0 metres [164 ft] from the front lot line provided that, on a corner lot, no portion of a single family dwelling and an additional single family dwelling or a duplex shall be located farther than 50.0 metres [164 ft] from either the front lot line or the side lot line on a flanking street.. G. Height of Buildings Amendments: 15056, 06/23/03; 15655, 03/07/05 Measurements to be determined as per Part 1 Definitions, of this By-law: 1. Single family dwelling, duplex or buildings for uses permitted under Section B.9: The height shall not exceed 9 metres [30 ft.]. 2. All other buildings and structures: The height shall not exceed 12 metres [40 ft.]. H. Off-Street Parking and Loading/Unloading Amendments: 12333, 07/25/94; 13774, 07/26/99; 18414, 03/23/15 1. Refer to Table C.1 of Part 5 Off-Street Parking and Loading/Unloading of this By-law. 2. Where boarders or lodgers or bed and breakfast users are accommodated, the following shall be provided: Where 3 patrons or less are accommodated, 1 parking space shall be provided; and Where more than 3 patrons are accommodated, 2 parking spaces shall be provided. VARING MARKETING GROUP Information Package 18041 28 Ave. PAGE 13

ZONING DEFINITION: A-1 (CONT.) Part 10 A-1 3. For non-farm operations, a vehicle over 5,000 kilograms [11,023 lbs.] G.V.W., which may be a truck tractor, trailer or semi-trailer as defined in the Commercial Transport Act, R.S.B.C. 1979, c. 55, dump truck or other similar vehicle for transporting goods and materials may be parked on a lot, provided that: (c) (d) The use of the vehicle is ancillary to a permitted principal use of this Zone on the lot; The vehicle is owned or operated by the owner or occupant of the lot; The vehicle shall not be parked within the required building setbacks for uses permitted under Section B.1 of this Zone; and Only 1 such vehicle is permitted to be parked on a lot. 4. Vehicles over 5,000 kilograms [11,023 lbs.] G.V.W., which may be truck tractors, trailers or semi-trailers as defined in the Commercial Transport Act, R.S.B.C. 1979, c.55, dump trucks or other similar vehicles for transporting goods and materials, may be parked on a lot provided that: (c) The use of the vehicles is ancillary to the permitted non-residential use on the lot; The vehicles are owned or operated by the owner or occupant of the lot; and The vehicles shall not be parked within the required building setbacks for uses permitted under this Zone. I. Landscaping Not applicable to this Zone. J. Special Regulations Amendments: 17290, 12/13/10; 17771, 11/05/12 1. A secondary suite shall: Not exceed 90 square metres [968 sq.ft.] in floor area; and Occupy less than 40% of the habitable floor area of the building. 2. The following provisions shall apply to a farm residential footprint: The maximum size of the farm residential footprint shall be 2,000 square metres [0.5 acres]; VARING MARKETING GROUP Information Package 18041 28 Ave. PAGE 14

ZONING DEFINITION: A-1 (CONT.) Part 10 A-1 Despite Sub-section J.2., the maximum size of the farm residential footprint may be increased by 1000 square metres [0.25 acres] for an additional single family dwelling or duplex where the lot is 4 hectares [10 acres] or more and is a farm operation; and K. Subdivision The maximum depth of the farm residential footprint from the front lot line, or the side lot line on a flanking street if it is a corner lot, shall be 60 metres [197 ft.]. Lots created through subdivision in accordance with this Zone shall conform to the following minimum standards: Land Within the ALR* Land Outside the ALR* Lot Size 4 hectares [10 acres] 2 hectares [5 acres] Lot Width Not less than 1/10 of total lot perimeter Not less than 1/10 of total lot perimeter Dimensions shall be measured in accordance with Section E.21, Part 4 General Provisions, of this By-law. * Where ALR is Agricultural Land Reserve. L. Other Regulations Amendments: 13657, 03/22/99; 13774, 07/26/99; 15056, 06/23/03; 15655, 03/07/05; 17471, 10/03/11; 18212, 05/26/14 In addition, land use regulations including the following are applicable: 1. Prior to any use, lands must be serviced as set out in Part 2 Uses Limited, of this By-law and in accordance with the "Surrey Subdivision and Development Bylaw". 2. General provisions on use are as set out in Part 4 General Provisions, of this Bylaw. 3. Additional off-street parking and loading/unloading requirements are as set out in Part 5 Off-Street Parking and Loading/Unloading of this By-law. 4. Subdivisions shall be subject to the "Surrey Development Cost Charge By-law" and the "Tree Preservation By-law". VARING MARKETING GROUP Information Package 18041 28 Ave. PAGE 15

ZONING DEFINITION: A-1 (CONT.) Part 10 A-1 5. Building permits shall be subject to the "Surrey Building By-law". 6. Sign regulations are as provided in Surrey Sign By-law No. 13656. 7. Special building setbacks are as set out in Part 7 Special Building Setbacks, of this By-law. 8. Kennels-Commercial and Kennels-Hobby shall be subject to the "Surrey Kennel Regulation By-law". 9. Manufactured home siting shall be subject to the "Surrey Mobile Homes and Trailer Regulation and Control By-law". 10. Noise is regulated by the "Surrey Noise Control By-law". 11. Unless prohibited or further regulated in this Zone, By-law, or other By-laws, activities and uses on lands located in the Agricultural Land Reserve shall be in accordance with the Agricultural Land Commission Act/Regs/Orders, where applicable. 12. Lands used for an agricultural use are classified as farms under the B.C. Assessment Act, R.S.B.C. 1996. 13. Farm-based winery shall be subject to the Liquor Control and Licensing Act and the Agricultural Land Commission Act/Regs/Orders. 14. Cogeneration Facility shall be regulated by the Agricultural Land Commission Act/Regs/Orders, Clean Energy Act, S.B.C. 2010, c. 22 as amended, the Environmental Management Act, S.B.C. 2003, c. 53 as amended, the "Greater Vancouver Regional District Air Quality Management Bylaw No. 1082, 2008" as amended, and the B.C. Hydro Standing Offer Program as amended. VARING MARKETING GROUP Information Package 18041 28 Ave. PAGE 16

TAX REPORT Detailed Tax Report Property Information Prop Address 18041 28 AV Jurisdiction CITY OF SURREY Municipality CITY OF SURREY Neighborhood SURREY ALR Area SOUTH SURREY WHITE ROCK SubAreaCode F56 PropertyID 012-447-277 BoardCode F PostalCode Property Tax Information TaxRoll Number 7204290021 Gross Taxes $368.90 Tax Year 2015 Tax Amount Updated 02/19/2016 More PIDS 012-447-277 Owner Name & Mailing Address Owner1 1 ** NOT AVAILABLE ** Owner2 1 Owner1 2 Owner2 2 Mail Addr1 5352 CHIEF LAKE RD Mail Addr3 Mail Addr2 PRINCE GEORGE BC Mail Addr4 MailPostalCode V2K 5R1 Legal Information Legal Description PL 1999 LT 30 LD 36 SEC 20 TWP 7 Legal FreeFormDescription PART NE 1/4, 7. PlanNum Lot Block LotDist LandDist Section Twnship Range Meridian 1999 30 36 20 7 Land & Building Information Width Depth Lot Size 5.523 ACRES Land Use Actual Use GRAIN & FORAGE (VACANT) BCA Description Zoning General Agricultural Zone WaterConn BCAData Update 03/30/2016 Actual Totals Land Improvement Actual Total $11,926.00 $0.00 $11,926.00 Municipal Taxable Totals Gross Land Gross Improve Exempt Land Exempt Improve Municipal Total $11,926.00 $0.00 $0.00 $0.00 $11,926.00 School Taxable Totals Gross LandSch Gross ImproveSch Exempt LandSch Exempt ImproveSch School Total $11,926.00 $0.00 $5,963.00 $0.00 $11,926.00 Sales History Information Sale Date Sale Price Document Num SaleTransaction Type 8/9/2002 $11,900.00 BT289909 REJECT NOT SUITED SALE ANALYSIS 3/19/1999 $0.00 BN67585 REJECT NOT SUITED SALE ANALYSIS 6/15/1980 $25,000.00 S54670E REJECT NOT SUITED SALE ANALYSIS VARING MARKETING GROUP Information Package 18041 28 Ave. PAGE 17