11539 96 AVENUE, Surrey
$1,320,000
This 10,450 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.
Royal Heights hard to find 10,450 square foot lot, with fully renovated 5-bed 3-bath home currently rented for about $5,000/month. Perfect to build duplexes or any other multifamily under Small Scale Multifamily Unit Housing. Partial view of North Shore Mountains, great view in new three level construction. Great property for investment or living with future potential, close to all amenities, shopping, transportation, highway access. Need 24-hours notice for showing.
How this price compares
This lot asks $126 per square foot of lot. That is 16% below the median of $150 across the 529 active lots VanPlex is showing in Surrey, and puts it 175 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
- $1,320,000
- Lot size
- 10,450 sqft
- Lot dimensions
- 50 x 210
- Frontage
- 50 ft
- Bedrooms
- 5
- Bathrooms
- 3
- Year built
- 1967
- MLS® area
- Royal Heights
- MLS® number
- R2977313
Want the PlexScore and return on equity for this lot? Get PlexPro.
Listing data via MLS®. Displayed for information only.