12222 100 AVENUE, Surrey
$1,470,000
This 13,808 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.
DUPLEX WITH TWO SEPARATE PIDs ON A MASSIVE 13,808 SQ. FT. LOT! Zoned R2 – Quarter Acre Residential and designated Urban I in the Surrey 2050 OCP, this is a rare opportunity to secure a premier holding property with exceptional future redevelopment potential. The existing 3,503 sq. ft. home offers 7 bedrooms and 3 bathrooms, generous living spaces, beautifully maintained front and back yards, a massive patio, swimming pool, ample storage, and stunning panoramic views of the Surrey skyline and North Shore Mountains. Ideal to live in, generate strong rental income, or hold while maximizing the property's future potential. Buyers to verify development opportunities with the City of Surrey. Unique opportunity to own a large parcel in one of Surrey's evolving neighbourhoods with longterm upside.
How this price compares
This lot asks $106 per square foot of lot. That is 29% below the median of $150 across the 529 active lots VanPlex is showing in Surrey, and puts it 124 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
- $1,470,000
- Lot size
- 13,808 sqft
- Lot dimensions
- 95 x
- Frontage
- 95 ft
- Bedrooms
- 7
- Bathrooms
- 3
- Year built
- 1958
- MLS® area
- Cedar Hills
- MLS® number
- R3140350
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Listing data via MLS®. Displayed for information only.