11372 SURREY ROAD, Surrey
$1,250,000
This 7,161 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.
AMAZING LOCATION WITH BREATHTAKING VIEWS OF MOUNTAINS AND PORTMANN BRIDGE RIGHT FROM THE STREET! Perfect lot to build your future 3 story home with nice views while holding this 2 story home in the meantime. 2 bed up + 2 bed rental suite down. Updated and well maintained over the years. BONUS: Can easily park 6~7 cars on the asphalt driveway - mostly side by side parking due to the 50+ feet of frontage! RA zoning in Urban I OCP allows building a 3 story luxury ~5600 sqft house + 800 sqft garden suite OR a ~6000 sqft DUPLEX + 1600 sqft Garden Suites! RA zoning is slightly better than R3 as there's no cap on the Duplex size. School Catchment: Ellendale Elementary & Guildford Park Secondary.
How this price compares
This lot asks $175 per square foot of lot. That is 17% above the median of $150 across the 526 active lots VanPlex is showing in Surrey, and puts it 361 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
- $1,250,000
- Lot size
- 7,161 sqft
- Lot dimensions
- 50.91 x
- Frontage
- 50.91 ft
- Bedrooms
- 4
- Bathrooms
- 2
- Year built
- 1965
- MLS® area
- Bolivar Heights
- MLS® number
- R3150810
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Listing data via MLS®. Displayed for information only.