10623 133 STREET, Surrey
$2,275,000
This 7,791 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.
PRIME INVESTMENT IN SURREY CITY CENTRE! This beautifully renovated basement-entry home sits on a massive 7,791 SQFT lot (63’ x 125’) with an incredible 2.5 F.A.R. designation. Perfectly situated right across from lush baseball fields, this property offers unmatched future potential. Live in or rent out this spacious 6-bedroom, 5-bathroom home featuring multiple mortgage helpers to maximize your income. Whether you're looking for a move-in-ready residence or a strategic hold for near-future development in a rapidly growing hub, this is a rare find! Ample space for the family combined with high rental demand. All measurements are approximate; Buyer or Buyer’s agent to verify if important. Don’t miss out!
How this price compares
This lot asks $292 per square foot of lot. That is 95% above the median of $150 across the 529 active lots VanPlex is showing in Surrey, and puts it 503 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
- $2,275,000
- Lot size
- 7,791 sqft
- Lot dimensions
- 63 x 125
- Frontage
- 63 ft
- Bedrooms
- 6
- Bathrooms
- 5
- Year built
- 1956
- MLS® area
- Whalley
- MLS® number
- R3079211
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Listing data via MLS®. Displayed for information only.