Land Assembly 13832, 13842, 13852 And 13866 108 Avenue Surrey BCAsking $18.5 million

Land size: 60,116 sq. ft. Buildable area : approx.. 142,200 sq. ft. Salable condo areas: approx.. 122,200 sq. ft. Total units : 197 units, twobuildings

Development permit application:

Application #20 000016 Application submission: 27-Jan-20 Location: 13832 108 Ave. Project: Development Permit in order toconstruct a six (6) storey residential building consisting of 197 units

Yorkton on 108th is a proposed luxury condominium development project strategically located in the bustling City Centre of Surrey, BC.

The subject land parcel is currently in the pre-development stages. Two 6 storey wood frame buildings are planned for the site withapproximately 197 total units starting from the $300,000’s. Proposed unit sizes are 1-bedroom, 2-bedroom, and 2-bedroom plus den.

The project is located within the Surrey City Centre Official Community Plan (OCP) subject area with nearby amenities including

Guildford Town Centre, Guildford Park Secondary School, Surrey Memorial Hospital, and Central City Shopping Centre.

Limited partnership subscription opportunities are currently available for this project which is marketed by Cape Cove FinancialManagement Inc., an exempt market dealer.

Note: The images shown are artist renderings of the proposed design, and are subject to change.Yorkton on 108th is a proposed luxurycondominium development project strategically located in the bustling City Centre of Surrey, BC.

Surrey, BC Quick Facts:Surrey is part of Greater Vancouver, the largest city by area in British Columbia & 2nd largest by population. Only 25 minute drive toRichmond & 40 minutes to Vancouver City Center. Affordable Property Prices – still 30%+ cheaper than Vancouver. DiversifiedDeveloping Economies including manufacturing, clean tech, health tech, agricultural innovation & creative economy. “Top BritishColumbia Investment Towns” – the Real Estate Investment Network (REIN).

Surrey OutlookSurrey has proposed a $5 billion investment into smart municipal infrastructure over the next 10 years, and the creation of more than40,000 new jobs.Strong population in-migration into Surrey from other Canadian provinces, and around the world is expected to continue for theforeseeable future, given current and historical trends.The availability of large tracts of land in Surrey for development, large inflows of capital, strong population growth, youthful population,visionary political leadership, and its vicinity and strategic location in the Vancouver metropolitan area, sets the stage for strong economicgrowth, and a vibrant real estate market well into the future.

Demographic Overview: Land Area

At 317.2 square kilometers, Surrey is the largest city in Metro Vancouver and has approximately 46% of Metro Vancouver’s totalmixed employment land.There are 8 business parks in Surrey, giving it a competitive corporate advantage.Excellent transportation infrastructure including the Sky Train

Population Growth

539,651 residents currently live in Surrey (2018 census)Surrey is one of the fastest growing cities in Canada and is projected to surpass Vancouver’s population within the next 20 years.By 2046, it is estimated 1 in 4 Metro Vancouver residents will live in SurreySurrey is now the second largest city in British Columbia, and is expected to become the largest.Surrey has had an average annual growth rate of 2% per year over the last 10 years.

Surrey’s overall population has grown by over 89,100 residents in the last 10 years, with over 1300 people moving into the Cityeach month.Surrey’s population is projected to further increase by over 300,000 people in the next three decades.Accounts for more than 30% of the region’s growth in terms of population, as well as in commercial and industrial development.Surrey City Centre has had the highest annual growth rate, averaging 2.73% over the last 10 yearsIt is projected that by 2034 the population in City Centre will reach approximately 50,000 and 65,000 by 2044Surrey is increasingly drawing talent from across the region and beyond to fuel its economic growth. This is being driven by therapid influx of people from immigration as well as from in-migration from surrounding rural population centers.

Parcel Information: