10246 125A STREET, Surrey
$1,050,000
This 8,665 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.
Welcome to this spacious 5-bedroom, 3-bathroom rancher nestled on a quiet, tree-lined street in a well-established family neighbourhood. This well-maintained home offers a bright, open-concept layout designed for comfortable everyday living. Walking distance to schools, and convenient access to transit, shopping, and major commuter routes, this home offers exceptional value. Currently generating approximately $4,300 per month in rental income, it also provides excellent holding income for investors.
How this price compares
This lot asks $121 per square foot of lot. That is 19% below the median of $150 across the 529 active lots VanPlex is showing in Surrey, and puts it 162 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
- $1,050,000
- Lot size
- 8,665 sqft
- Lot dimensions
- 0 x
- Frontage
- 0 ft
- Bedrooms
- 5
- Bathrooms
- 3
- Year built
- 1956
- MLS® area
- Cedar Hills
- MLS® number
- R3098705
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Listing data via MLS®. Displayed for information only.