10515 138A STREET, Surrey
$1,460,000
This 7,771 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.
6 Bedroom including 3 bedroom basement suite, nice livable home on a huge lot. Excellent Land Assembly property, City of Surrey Official Community Plan says: Low to Mid Rise up to 2.5 FAR, rent now while you wait for Land Assembly eventually. Very central location. Walking distance to both Surrey Central Skytrain Station & Surrey Central business district including schools, parks, shopping malls, recreation centre, library, city hall and SFU Surrey Campus. Other apartment buildings in this area are under construction.
How this price compares
This lot asks $188 per square foot of lot. That is 25% above the median of $150 across the 529 active lots VanPlex is showing in Surrey, and puts it 418 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
- $1,460,000
- Lot size
- 7,771 sqft
- Lot dimensions
- 60 x 130.00
- Frontage
- 60 ft
- Bedrooms
- 6
- Bathrooms
- 2
- Year built
- 1958
- MLS® area
- Whalley
- MLS® number
- R3099040
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Listing data via MLS®. Displayed for information only.