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11564 141A STREET, Surrey

$1,339,000

This 11,385 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.

Nature’s retreat in your own backyard! Situated on a large 11,385 sq. ft. lot with Alexandra Creek just beyond the property, this home offers spectacular Fraser River and Coquitlam Burke Mountain views from the spacious 44' x 12' deck. Features include New roof, new furnace, upgraded vinyl windows, aluminum deck railings, Gas Stove an updated suite bathroom, 3 bedrooms up, and a 1-bedroom mortgage helper below. The enclosed garage offers potential for an additional bedroom. Conveniently located near James Ardiel Elementary, Surrey Fundamental, Kwantlen Park, and IRQA Islamic School. A fantastic opportunity for first-time buyers, investors, or anyone seeking privacy, scenic views, and income potential.

How this price compares

This lot asks $118 per square foot of lot. That is 22% below the median of $150 across the 529 active lots VanPlex is showing in Surrey, and puts it 151 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
$1,339,000
Lot size
11,385 sqft
Lot dimensions
80.85 x 180.21
Frontage
80.85 ft
Bedrooms
4
Bathrooms
3
Year built
1970
MLS® area
Bolivar Heights
MLS® number
R3134441

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Listing data via MLS®. Displayed for information only.