10630 138 STREET, Surrey
$1,999,999
This 7,794 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 property in the very demanding location of Central Surrey. OCP multifamily, low to Mid Rise up to 2.5 FAR. Walking distance to Skytrain, rec centre and shopping. Surrounded by new development, this 60X130 7800 SqFt piece of land is ideal for future development. Current rancher home has 3 bedrooms and 1 bathroom + there is a detached 1 bedroom suite. Great for investors and builders.
How this price compares
This lot asks $257 per square foot of lot. That is 71% above the median of $150 across the 529 active lots VanPlex is showing in Surrey, and puts it 493 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
- $1,999,999
- Lot size
- 7,794 sqft
- Lot dimensions
- 60 x 130
- Frontage
- 60 ft
- Bedrooms
- 4
- Bathrooms
- 2
- Year built
- 1948
- MLS® area
- Whalley
- MLS® number
- R3108896
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Listing data via MLS®. Displayed for information only.