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11465 139A STREET, Surrey

$1,550,000

This 8,328 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.

Open House - May 10 Sunday, 12 pm - 3 pm. Renovated in 2023 This 2 level North Surrey home, built on an over 8300 square foot lot, main floor has 3 bedrooms , 1 full bathroom and a powder room . The basement includes two mortgage-helper suites (1+1), providing excellent rental income potential. Good-sized deck with a view, double carport, and lots of additional parking areas( upto 7 vehicles) for an RV or guests. Close to Surrey Traditional and James Ardiel Elementary schools. . Easy access to Hwy 17 and Pattullo bridge

How this price compares

This lot asks $186 per square foot of lot. That is 24% above the median of $150 across the 529 active lots VanPlex is showing in Surrey, and puts it 408 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
$1,550,000
Lot size
8,328 sqft
Lot dimensions
63 x
Frontage
63 ft
Bedrooms
5
Bathrooms
4
Year built
1960
MLS® area
Bolivar Heights
MLS® number
R3092952

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Listing data via MLS®. Displayed for information only.