10048 SCOTT ROAD, Surrey
$1,998,000
This 16,620 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.
Centrally located home with DEVELOPMENT POTENTIAL on a 16,500+ sq. ft. lot! Currently offering a 3 bedroom, 1 bathroom home with excellent exposure on busy Scott Road. Great opportunity for investors, developers and builders. Convenient central location close to transit, schools, and just minutes from Scott Road SkyTrain Station.
How this price compares
This lot asks $120 per square foot of lot. That is 20% below the median of $150 across the 526 active lots VanPlex is showing in Surrey, and puts it 158 of 526 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
- $1,998,000
- Lot size
- 16,620 sqft
- Lot dimensions
- 83 x
- Frontage
- 83 ft
- Bedrooms
- 3
- Bathrooms
- 1
- Year built
- 1947
- MLS® area
- Cedar Hills
- MLS® number
- R3128413
Want the PlexScore and return on equity for this lot? Get PlexPro.
Listing data via MLS®. Displayed for information only.