10605 138A STREET, Surrey
$1,999,000
This 8,243 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.
Exceptional opportunity to acquire an 8,243 sq. ft. lot in a rapidly developing Surrey neighbourhood. This well-located property offers significant land assembly potential and is situated within an area undergoing substantial redevelopment. Ideal for investors, builders, and developers seeking future growth opportunities. Conveniently located near transit, schools, shopping, parks, and major transportation routes. Buyers and buyers' agents to verify development potential with the City of Surrey. Excellent holding property with strong long-term upside.
How this price compares
This lot asks $243 per square foot of lot. That is 62% above the median of $150 across the 529 active lots VanPlex is showing in Surrey, and puts it 478 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
- $1,999,000
- Lot size
- 8,243 sqft
- Lot dimensions
- 65 x
- Frontage
- 65 ft
- Bedrooms
- 5
- Bathrooms
- 3
- Year built
- 1971
- MLS® area
- Whalley
- MLS® number
- R3138084
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Listing data via MLS®. Displayed for information only.