11488 140 STREET, Surrey
$1,499,999
This 10,154 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.
Renovated 9-bed, 5-bath home with 3+2 mortgage helper suites, ideal for investors or large families. The main level offers 4 bedrooms plus a den, bright open living space, and a modern kitchen. Two fully self-contained suites (3-bed and 2-bed) below provide strong rental income potential.Features include quality updates, a large private backyard, ample parking, and a prime location close to schools, shopping, and transit. Excellent space and income opportunity in one property.
How this price compares
This lot asks $148 per square foot of lot. That is 2% below the median of $150 across the 529 active lots VanPlex is showing in Surrey, and puts it 253 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
- $1,499,999
- Lot size
- 10,154 sqft
- Lot dimensions
- 61 x 164
- Frontage
- 61 ft
- Bedrooms
- 9
- Bathrooms
- 5
- Year built
- 1968
- MLS® area
- Bolivar Heights
- MLS® number
- R3092500
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Listing data via MLS®. Displayed for information only.