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12472 100 AVENUE, Surrey

$1,339,000

This 7,323 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.

INVESTOR ALERT – Cedar Hill with Mortgage Helper! Exceptional opportunity to own this spacious home featuring 7 bedrooms and 4 full bathrooms on a 7,323 sq ft corner lot in a quiet, family-friendly neighbourhood. The home offers a beautifully updated kitchen, lots of updates throughout, ample parking, and a new large south-facing deck perfect for summer BBQs. The basement includes (2+2+Bachelor optional ) unauthorized suites, providing excellent mortgage helper income potential, making it ideal for first-time buyers and investors alike. Conveniently located close to schools, parks, transit, City Central Shopping Centre, and all amenities, with the school and bus right in front. Please allow notice for showings — Book your private showing today before it’s too late!

How this price compares

This lot asks $183 per square foot of lot. That is 22% above the median of $150 across the 529 active lots VanPlex is showing in Surrey, and puts it 400 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
7,323 sqft
Lot dimensions
65 x 110
Frontage
65 ft
Bedrooms
7
Bathrooms
4
Year built
1965
MLS® area
Cedar Hills
MLS® number
R3110492

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Listing data via MLS®. Displayed for information only.