12768 112B AVENUE, Surrey
$849,000
This 4,791.6 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.
Opportunity knocks for investors and first-time home buyers alike! Ideally situated in a desirable and convenient location with quick access to the South Fraser Perimeter Road, this 3-bedroom, 1-bath home offers excellent value and future potential. Enjoy being just minutes from Bridgeview Elementary School, Bridgeview Community Centre, and the Scott Road SkyTrain Station, making commuting and daily amenities easily accessible. Nestled in a quiet, family-friendly neighbourhood, the property features a fully fenced yard, a covered sundeck perfect for year-round enjoyment, and a detached heated and wired workshop (23'2x154) that could also serve as a home office, studio, or hobby space. A unique feature is the pull down stairway to the attic, which has a new sub floor, perfect storage!
How this price compares
This lot asks $177 per square foot of lot. That is 18% above the median of $150 across the 529 active lots VanPlex is showing in Surrey, and puts it 378 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
- $849,000
- Lot size
- 4,791.6 sqft
- Lot dimensions
- 50 x 100.03
- Frontage
- 50 ft
- Bedrooms
- 3
- Bathrooms
- 1
- Year built
- 1950
- MLS® area
- Bridgeview
- MLS® number
- R3140990
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Listing data via MLS®. Displayed for information only.