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10482 125A STREET, Surrey

$1,048,000

This 5,215 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.

GREAT VIEW and SUNSETS ! Perched on a quiet hillside, this charming rancher with full walk-out lower level offers stunning bridge and mountain views, exceptional privacy, and endless potential. Full of warmth and character, this well-maintained home features 3 bdrms, 2 full baths, a spacious rec room, large flex space, and abundant storage. Lots of windows provide natural light throughout both levels. Spacious LR features a custom-built gas f/p and opens to a huge sundeck overlooking gardens with brand new fence. Walk-out basement with separate entrance offers excellent suite potential. Located in a quiet and private neighbourhood, yet close to schools, parks, transit, and amenities, this is a wonderful opportunity to own a view property with flexibility & charm.

How this price compares

This lot asks $201 per square foot of lot. That is 34% above the median of $150 across the 529 active lots VanPlex is showing in Surrey, and puts it 440 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
$1,048,000
Lot size
5,215 sqft
Lot dimensions
46 x 112
Frontage
46 ft
Bedrooms
3
Bathrooms
2
Year built
1942
MLS® area
Cedar Hills
MLS® number
R3128381

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Listing data via MLS®. Displayed for information only.