10865 152 STREET, Surrey

$1,399,000

This 9,112 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.

Not on a Main Road! Located on the quiet end of 152 Street in desirable Bolivar Heights, this fully renovated home sits on a massive 9,112 sq. ft. lot with an impressive 119 ft frontage. Extensively updated with new plumbing, new windows, new roof, and much more in year 2020, spacious property offers 8 bedrooms and 5 bathrooms, including 4 bedrooms and 3 bathrooms on the main level, plus two self-contained 2-bedroom basement suites (2+2)—an excellent mortgage helper or investment opportunity. The property features a finished front driveway, abundant side parking, a large storage shed for tools and equipment, and a huge covered deck perfect for entertaining family and friends. An outstanding investment property with future development potential (buyers to verify with the City).

How this price compares

This lot asks $154 per square foot of lot. That is 4% above the median of $147 across the 495 active lots VanPlex is showing in Surrey, and puts it 274 of 495 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
$1,399,000
Lot size
9,112 sqft
Lot dimensions
119 x
Frontage
119 ft
Bedrooms
8
Bathrooms
5
Year built
1978
MLS® area
Bolivar Heights
MLS® number
R3169742

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Listing data via MLS®. Displayed for information only.