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12521 GROVE CRESCENT, Surrey

$1,265,000

This 7,700 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.

Excellent opportunity for buyers, This spacious 6-bedroom, 4-bathroom home is sitting on a 7,700 sq. ft. corner lot in Cedar Hills.The house have two mortgage helpers with 2 bedroom and 1 bedroom basement suites, whole house is currently rented. Book your showing

How this price compares

This lot asks $164 per square foot of lot. That is 9% above the median of $150 across the 529 active lots VanPlex is showing in Surrey, and puts it 319 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
$1,265,000
Lot size
7,700 sqft
Lot dimensions
71 x
Frontage
71 ft
Bedrooms
6
Bathrooms
4
Year built
1967
MLS® area
Cedar Hills
MLS® number
R3137307

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Listing data via MLS®. Displayed for information only.