11447 125A STREET, Surrey
$777,447
This 7,200 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.
SEE VIRTUAL TOUR! An incredible opportunity to purchase, design, and build your dream home in Bridgeview. This 60' x 120', R3 zoned, east-west facing lot faces Bridgeview Park and backs onto a property zoned I-4, Special Industry Zone (see attached documents for further clarification). The property comes with a rancher with detached garage, ready to use while you plan your build. Neighbouring new builds throughout the area show the strong momentum here, and this location is by far the best, close to Central City with easy access to the South Fraser Perimeter Road and more. Endless potential in one of Surrey's most convenient pockets. Call today to book your private showing!
How this price compares
This lot asks $108 per square foot of lot. That is 28% below the median of $150 across the 529 active lots VanPlex is showing in Surrey, and puts it 128 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
- $777,447
- Lot size
- 7,200 sqft
- Lot dimensions
- 60 x 120
- Frontage
- 60 ft
- Bedrooms
- 3
- Bathrooms
- 2
- Year built
- 1954
- MLS® area
- Bridgeview
- MLS® number
- R3150844
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Listing data via MLS®. Displayed for information only.