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11019 129 STREET, Surrey

$2,900,000

This 16,736 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.

Attn attn attn. Price negotiable, 2 Acres.Developers/ investors,rare prime complete 2 acre Assembly in a TOA 3 zone. Potential of fsr 3.0. Top-tier land with gorgeous panoramic views, superb location. The site supports a 6 storey wood-frame residential + commercial development rental development check w. COS. Each lot is *16,600 sqft (11035 129st w/diff. agent). Strategically located with convenient access to Skytrain, & Access to Highways. Excellent development opportunity in an emerging corridor having perfect balance of urban convenience , views with natural beauty, Mins to Central City, its amenities, schools , UBC/SFU/BCIT,a perfect balance.

How this price compares

This lot asks $173 per square foot of lot. That is 16% above the median of $150 across the 526 active lots VanPlex is showing in Surrey, and puts it 355 of 526 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
$2,900,000
Lot size
16,736 sqft
Lot dimensions
55 x 300
Frontage
55 ft
Bedrooms
2
Bathrooms
2
Year built
1950
MLS® area
Whalley
MLS® number
R3119272

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Listing data via MLS®. Displayed for information only.