11332 124 STREET, Surrey
$1,585,000
This 9,009 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.
Corner lot with potential for subdivision or duplex development (buyer to verify with City). Well-maintained and charming home on a 9,009 sq ft CORNER lot + approx. 1,000 sq ft easement (˜10,000 sq ft usable) offering great future potential. Main floor features 1 large bedroom with a cozy kitchen, while the upper level offers 2 bedrooms. Enjoy a private garden, perfect for relaxing. garage area with 220V sub-panel. Plenty of parking with easy front access. Located in a highly central area, just minutes walk to SkyTrain, schools, parks & riverfront. Quick access to Pattullo Bridge & Hwy 17 connecting to Richmond, Burnaby, New Westminster & Langley. Growing neighbourhood. Easy to show!
How this price compares
This lot asks $176 per square foot of lot. That is 17% above the median of $150 across the 529 active lots VanPlex is showing in Surrey, and puts it 371 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
- $1,585,000
- Lot size
- 9,009 sqft
- Lot dimensions
- 73 x 122
- Frontage
- 73 ft
- Bedrooms
- 3
- Bathrooms
- 2
- Year built
- 1933
- MLS® area
- Bridgeview
- MLS® number
- R3109676
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Listing data via MLS®. Displayed for information only.