12343 OLD YALE ROAD, Surrey
$1,249,999
This 6,494 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.
Great Investment Property for Business Owners/Mechanics/Investors. Currently Rented for $5000/Month. You can Work from Home with a Detached 1300Sqft Workshop/garage with Hoist and Live in the House. House offers 3 Bed 2 Baths that needs TLC. 2 BED, 1 Bath & Full Kitchen in the Front and 1 Bed, 1 Bath and Full Kitchen in the Back. Centrally Located in Surrey's Industrial Hub with Close Proximity to all the Parts Stores, Hwy 17, Scott Road Skytrain Station, Transit and Much More. Almost 6500sqft IL-1 Zoned Lot offering a range of possibilities. Contact for more INFO.
How this price compares
This lot asks $192 per square foot of lot. That is 29% above the median of $150 across the 526 active lots VanPlex is showing in Surrey, and puts it 421 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
- $1,249,999
- Lot size
- 6,494 sqft
- Lot dimensions
- 66 x 99
- Frontage
- 66 ft
- Bedrooms
- 3
- Bathrooms
- 2
- Year built
- 1928
- MLS® area
- Bridgeview
- MLS® number
- R3150847
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Listing data via MLS®. Displayed for information only.