12310 78 AVENUE, Surrey
$989,000
This 7,296 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.
Whoppertunity here !! 3 bdrm rancher with attached carport and a detached garage nestled on a large 7200 sqft + lot with 74.+ frontage and backlane access located in R3 zone in Fabulous location in desirable popular Family oriented area of West Newton. Home does need some TLC and updating inside however exterior is very solid , Great bones throughout. Exceptional investment here can Build now under current Urban zoning , add to real estate portfolio build later and/or simply with a little love and some elbow grease this could easily be a little diamond in the rough. 3bdrms --- handy back lane access great for RV...detached garage ---well below assessment Good vlaue here
How this price compares
This lot asks $136 per square foot of lot. That is 8% below the median of $147 across the 495 active lots VanPlex is showing in Surrey, and puts it 200 of 495 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
- $989,000
- Lot size
- 7,296 sqft
- Lot dimensions
- 74 x
- Frontage
- 74 ft
- Bedrooms
- 3
- Bathrooms
- 1
- Year built
- 1961
- MLS® area
- West Newton
- MLS® number
- R3172641
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Listing data via MLS®. Displayed for information only.