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10577 138A STREET, Surrey

$2,600,000

This 7,761 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.

Land Assembly Potential! Solid and charming 3 or 4-bedroom rancher within walking distance to Surrey Central SkyTrain Station, Central City Shopping Mall, SFU, and schools. This is a fantastic investment opportunity in the newly designated City Core.The home features an updated kitchen overlooking a private backyard. House and property size are approximate.

How this price compares

This lot asks $335 per square foot of lot. That is 123% above the median of $150 across the 529 active lots VanPlex is showing in Surrey, and puts it 516 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
$2,600,000
Lot size
7,761 sqft
Lot dimensions
59.99 x 129.37
Frontage
59.99 ft
Bedrooms
3
Bathrooms
1
Year built
1957
MLS® area
Whalley
MLS® number
R2971756

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Listing data via MLS®. Displayed for information only.