10425 140B STREET, Surrey
$1,799,999
This 7,641 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.
Located on a quiet inner street, but prime area at Surrey's Whalley rapidly growing neighborhood. The property falls within the Guildford Town Centre Plan where future development envisions Low to Mid Rise Residential. The house has undergone some renovations, buyers have the flexibility to live in the home, or hold it as an investment property with rental potential before redevelopment of this 7800+ sqft lot. This 2100 sqft home comes with 3 bed 1 bath on Main floor and a 2 bed 1 bath rental suite in the basement. Close to church, transit, walking distance to The Central City Mall, City Hall & North Surrey Rec center.
How this price compares
This lot asks $236 per square foot of lot. That is 57% above the median of $150 across the 529 active lots VanPlex is showing in Surrey, and puts it 473 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
- $1,799,999
- Lot size
- 7,641 sqft
- Lot dimensions
- 60 x
- Frontage
- 60 ft
- Bedrooms
- 5
- Bathrooms
- 2
- Year built
- 1958
- MLS® area
- Whalley
- MLS® number
- R3099167
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Listing data via MLS®. Displayed for information only.