10207 127 STREET, Surrey
$1,199,000
This 8,791 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.
Huge corner lot in quiet Cedar Hills with strong redevelopment potential under CD zoning. Build your beautiful new home or hold for future development. This well-maintained home sits on an 8,791 sq ft rectangular lot and offers 3 bedrooms, 2.5 bathrooms, flex space, quartz countertops, a large covered patio, and maintained front and back yards. Lower level offers potential for a rentable suite. New A/C and hot water tank. Close to schools, shops, parks, and transit. Offers as they come.
How this price compares
This lot asks $136 per square foot of lot. That is 9% below the median of $150 across the 529 active lots VanPlex is showing in Surrey, and puts it 204 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
- $1,199,000
- Lot size
- 8,791 sqft
- Lot dimensions
- 66 x
- Frontage
- 66 ft
- Bedrooms
- 5
- Bathrooms
- 3
- Year built
- 1955
- MLS® area
- Cedar Hills
- MLS® number
- R3138775
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Listing data via MLS®. Displayed for information only.