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11261 LANSDOWNE DRIVE, Surrey

$1,140,000

This 7,640 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.

This home has been fully renovated and has 4 bedrooms and 2 bathrooms.(( The zoning permits for single family or duplex )) It is located in a quiet and family-friendly neighborhood. The renovations include new paint, flooring, moldings, and upgraded bathrooms with top-of-the-line fixtures. The kitchen features a brand new Samsung stainless steel appliance package. The home also has a new sliding door, furnace, and hot water tank. The backyard is spacious, fully fenced, and has a large deck for enjoying the summer. The property is conveniently located near schools and public transportation

How this price compares

This lot asks $149 per square foot of lot. That is about the same as the median of $150 across the 529 active lots VanPlex is showing in Surrey, and puts it 263 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
$1,140,000
Lot size
7,640 sqft
Lot dimensions
71 x
Frontage
71 ft
Bedrooms
4
Bathrooms
2
Year built
1958
MLS® area
Bolivar Heights
MLS® number
R3101836

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Listing data via MLS®. Displayed for information only.