11562 MILLAR ROAD, Surrey
$2,400,000
This 11,295 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.
Incredible development opportunity in the heart of Surrey! This expansive property offers huge potential and could be subdivided into 3 lots (verify with City). Ideal for investors, builders, or developers looking to capitalize on a prime location with strong growth and demand. Surrounded by new development and close to schools, transit, shopping, and major routes. Don’t miss your chance to secure a rare investment in one of Surrey’s most sought-after neighborhoods!
How this price compares
This lot asks $212 per square foot of lot. That is 42% above the median of $150 across the 526 active lots VanPlex is showing in Surrey, and puts it 449 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
- $2,400,000
- Lot size
- 11,295 sqft
- Lot dimensions
- 153.05 x 72.86
- Frontage
- 153.05 ft
- Bedrooms
- 5
- Bathrooms
- 4
- Year built
- 1954
- MLS® area
- Royal Heights
- MLS® number
- R3092566
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Listing data via MLS®. Displayed for information only.