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11037 131 STREET, Surrey

$999,999

This 10,588 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.

Calling all investors & savvy buyers—don’t miss this rare opportunity in Surrey! Detached 6-bed, 1-bath rancher with full basement offering approx. 2,400 sq ft of living space on a massive 10,588 sq ft lot. Prime location—walk to parks, shops, dining & transit with quick freeway access. Endless potential: renovate, rent, or build your dream home. Priced to attract serious interest—motivated sellers! This is your chance to unlock the true value of this property. Act fast and book your showing today!

How this price compares

This lot asks $94 per square foot of lot. That is 37% below the median of $150 across the 529 active lots VanPlex is showing in Surrey, and puts it 105 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
$999,999
Lot size
10,588 sqft
Lot dimensions
0 x
Frontage
0 ft
Bedrooms
6
Bathrooms
1
Year built
1955
MLS® area
Whalley
MLS® number
R3115665

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Listing data via MLS®. Displayed for information only.