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10032 122 STREET, Surrey

$1,249,000

This 8,592 sqft property in Surrey is a detached single-family home on a lot the new rules make suitable for a multiplex. Surrey follows the provincial small-scale housing rules, so most single-family lots allow three to four homes, and up to six near frequent transit. Surrey's larger lots and lower land prices often lift the number of units that pencil out.

Build Your Dream Home with Stunning Mountain & City Views An exceptional opportunity awaits on this expansive 8,592 sq ft lot with an impressive 80-foot frontage—perfect for building your custom dream home, a duplex, or taking advantage of a city-approved 2-lot subdivision. Enjoy breathtaking, unobstructed views of the Mountains and New Westminster, creating a truly special setting for your future home. Valuable due diligence has already been completed, with Land Survey, Geotechnical, and Arborist reports ready for your convenience. Currently, rental income is $3000 a month Ideally situated near Robson Park, as well as top-rated schools, shopping, dining, and transit options.Quick access to Surrey City Centre and North Surrey Sport & Ice Complex.

How this price compares

This lot asks $145 per square foot of lot. That is 3% below the median of $150 across the 529 active lots VanPlex is showing in Surrey, and puts it 241 of 529 from cheapest to most expensive. Asking prices only, taken from the current MLS® feed.

Land price per square foot is only one input. Frontage, lane access, slope, and how many homes the zoning actually allows decide what a lot is worth to a builder.

Lot and property details

Price
$1,249,000
Lot size
8,592 sqft
Lot dimensions
80 x 107
Frontage
80 ft
Bedrooms
3
Bathrooms
3
Year built
1959
MLS® area
Cedar Hills
MLS® number
R3117689

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Listing data via MLS®. Displayed for information only.