10923 132 STREET, Surrey
$1,600,000
This 6,765 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.
Excellent opportunity in the Whalley neighbourhood of Surrey. This well maintained home sits on a large lot in a central and convenient location close to public transit, shopping, parks, and Surrey City Centre. The property offers a functional layout along with a detached workshop, providing flexibility for homeowners or investors. Located in an area experiencing significant growth and redevelopment, making it a strong holding property for the future. Easy access to major commuter routes and daily amenities. Buyers to verify measurements,, lot size, and any redevelopment potential with the City of Surrey.
How this price compares
This lot asks $237 per square foot of lot. That is 58% above the median of $150 across the 529 active lots VanPlex is showing in Surrey, and puts it 474 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
- $1,600,000
- Lot size
- 6,765 sqft
- Lot dimensions
- 52.01 x
- Frontage
- 52.01 ft
- Bedrooms
- 2
- Bathrooms
- 1
- Year built
- 1953
- MLS® area
- Whalley
- MLS® number
- R3081273
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Listing data via MLS®. Displayed for information only.