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11063 135A STREET, Surrey

$1,399,000

This 10,245 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.

Exceptional opportunity in prime Surrey Central! Well-maintained 4 bed, 2 bath 3-level split home offering over 2,500 sq.ft. on a massive 10,238 sq.ft. corner lot. Located within Surrey’s Transit-Oriented Area (TOA) and approx. 1 km from Surrey Central SkyTrain Station, this property offers outstanding holding, land assembly, and future redevelopment potential. Bright updated kitchen overlooks large west-facing backyard ideal for entertaining, BBQs, and family living. Main level features hardwood flooring with 3 spacious bedrooms upstairs. Lower level includes large rec room + 4th bedroom with excellent suite potential. Ample space for future garden suite (buyer to verify). Close to schools, parks, shopping, transit & amenities. Rare opportunity for homeowners, investors & builders alike.

How this price compares

This lot asks $137 per square foot of lot. That is 9% below the median of $150 across the 526 active lots VanPlex is showing in Surrey, and puts it 204 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
$1,399,000
Lot size
10,245 sqft
Lot dimensions
145 x
Frontage
145 ft
Bedrooms
4
Bathrooms
2
Year built
1960
MLS® area
Bolivar Heights
MLS® number
R3133187

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Listing data via MLS®. Displayed for information only.