11625 99 AVENUE, Surrey
$1,399,000
This 10,494 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.
View Lot in Royal Heights!! ((((SUBDIVISION POTENTIAL) ))-Spacious Home on Nearly 1/4 Acre with Walk-Out Basement! Don’t miss this opportunity to own an exceptional property with amazing potential. Situated on a large, private lot, this well-maintained home features numerous updates over the years, a double garage, and a covered deck that can easily function as a rec room or sunroom. Upstairs offers 3 bedrooms, while the walk-out basement includes a 3-bedroom rental suite — a great mortgage helper or investment option. Flexible layout with income potential makes this a solid holding property while you explore subdivision possibilities (buyer to verify with City Hall).
How this price compares
This lot asks $133 per square foot of lot. That is 11% below the median of $150 across the 529 active lots VanPlex is showing in Surrey, and puts it 192 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
- $1,399,000
- Lot size
- 10,494 sqft
- Lot dimensions
- 94.65 x
- Frontage
- 94.65 ft
- Bedrooms
- 6
- Bathrooms
- 4
- Year built
- 1962
- MLS® area
- Royal Heights
- MLS® number
- R3084074
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Listing data via MLS®. Displayed for information only.