10587 138A STREET, Surrey
$4,080,000
This 12,008 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 Opportunity!!! 2.5 FSR, Prime investment in Surrey’s growing Whalley neighborhood! This 12,008 sq ft lot offers a well-maintained 1-storey home featuring 1,056 sq ft of living space, 3 bedrooms, and 1 bathroom. Ideal for land assembly and future development. Conveniently located near schools, parks, shopping, transit, and the expanding Surrey City Centre. A solid holding property with excellent future potential. Don’t miss this chance to invest in a thriving community!
How this price compares
This lot asks $340 per square foot of lot. That is 126% above the median of $150 across the 529 active lots VanPlex is showing in Surrey, and puts it 517 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
- $4,080,000
- Lot size
- 12,008 sqft
- Lot dimensions
- 92.5 x 130
- Frontage
- 92.5 ft
- Bedrooms
- 3
- Bathrooms
- 1
- Year built
- 1960
- MLS® area
- Whalley
- MLS® number
- R3121649
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Listing data via MLS®. Displayed for information only.