10814 142 STREET, Surrey
$1,099,000
This 7,539 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.
Developers & Investors Alert! This 4 bed 3 bath house sitting huge 7500+ sqft corner lot in the prime development neighborhood on the city. Property comes with a 1 bed mortgage helper and wide frontage suitable for 4plex/6plex (Check with City). Perfect opportunity for developers or builders. Live now and develop later. Currently generating Monthly rent of $4100. Try your offers!!
How this price compares
This lot asks $146 per square foot of lot. That is 3% below the median of $150 across the 529 active lots VanPlex is showing in Surrey, and puts it 243 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
- $1,099,000
- Lot size
- 7,539 sqft
- Lot dimensions
- 120 x
- Frontage
- 120 ft
- Bedrooms
- 4
- Bathrooms
- 4
- Year built
- 1979
- MLS® area
- Bolivar Heights
- MLS® number
- R3124458
Want the PlexScore and return on equity for this lot? Get PlexPro.
Listing data via MLS®. Displayed for information only.