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10255 146 STREET, Surrey

$2,499,000

This 16,589 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.

ATTENTION INVESTORS/ BUILDER/DEVELOPER!! This rare, more than 16,500 Square-Foot rectangular lot, Designated multiple residential in the Official Community Plan (Guildford Plan), Stacked Townhouses development property. Excellent opportunity to own this great investment property. The spacious basement entry home 4 Bedrooms and 2 bathrooms sits on 90x169 fully fenced private lot. Great holding property as it currently rented. Situated in a prime central location, it is just a minutes away from all amenities. The buyer to do their own due diligence and check with city of surrey. Multiple carport, double garage and Lots of parking available.

How this price compares

This lot asks $151 per square foot of lot. That is about the same as the median of $150 across the 526 active lots VanPlex is showing in Surrey, and puts it 268 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
$2,499,000
Lot size
16,589 sqft
Lot dimensions
97 x 169
Frontage
97 ft
Bedrooms
4
Bathrooms
2
Year built
1960
MLS® area
Guildford
MLS® number
R3075957

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Listing data via MLS®. Displayed for information only.