10259 124A STREET, Surrey
$950,000
This 8,657 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.
Large 8600+ sqft rectangular lot! BREATHTAKING CITY & WATER VIEWS! Beautiful & peaceful street amongst well-kept homes. Situated in the sought after Cedar Hills neighborhood in Central Surrey. Located close to schools, parks, transit, and major highways. The existing home is boarded up. Buyers are advised to verify development potential with the City of Surrey.
How this price compares
This lot asks $110 per square foot of lot. That is 27% below the median of $150 across the 529 active lots VanPlex is showing in Surrey, and puts it 133 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
- $950,000
- Lot size
- 8,657 sqft
- Lot dimensions
- 65 x 133
- Frontage
- 65 ft
- Bedrooms
- 4
- Bathrooms
- 2
- Year built
- 1958
- MLS® area
- Cedar Hills
- MLS® number
- R3141184
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Listing data via MLS®. Displayed for information only.