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10347 125 STREET, Surrey

$1,199,000

This 8,639 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.

Spectacular views and a spacious open floor plan define this impressive 3,263 sqft rancher with walkout basement, featuring 6 bedrooms and 3 full bathrooms. Designed for comfortable main-floor living, the home offers an oversized primary bedroom with a spa-inspired ensuite retreat. Two large private decks capture stunning western views of New Westminster, the Fraser River, and the North Shore Mountains. The bright daylight walkout basement includes a 3-bedroom unauthorized suite, ideal for extended family or a mortgage helper. Tucked away on a quiet street yet close to everyday amenities, this exceptional property offers privacy, flexibility, and future potential to build or future enhance down the road.

How this price compares

This lot asks $139 per square foot of lot. That is 7% below the median of $150 across the 529 active lots VanPlex is showing in Surrey, and puts it 214 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
8,639 sqft
Lot dimensions
65.55 x 131.63
Frontage
65.55 ft
Bedrooms
6
Bathrooms
3
Year built
1955
MLS® area
Cedar Hills
MLS® number
R3122105

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Listing data via MLS®. Displayed for information only.