12847 106 AVENUE, Surrey
$1,299,000
This 9,200 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.
Incredible opportunity on a massive 9,200 SQFT corner lot with 68 ft frontage, flanking street, and back lane access-ideal for future development. Zoned for potential 3-level home or explore new options under updated SSMUH bylaws. This spacious home features 6 bedrooms, 3.5 baths, including a 1-bedroom suite. Roof was replaced -4 years ago, with major plumbing and electrical upgrades done in 2016. Stay cool with central AC. Prime location-walking distance to KB Woodward Elementary, Kwantlen Park Secondary, and Gateway SkyTrain. Quick access to major routes and bridges. Surrounded by new homes in a fast-growing area. Great holding property or build your dream home.
How this price compares
This lot asks $141 per square foot of lot. That is 6% below the median of $150 across the 529 active lots VanPlex is showing in Surrey, and puts it 224 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
- $1,299,000
- Lot size
- 9,200 sqft
- Lot dimensions
- 68 x 135
- Frontage
- 68 ft
- Bedrooms
- 5
- Bathrooms
- 4
- Year built
- 1959
- MLS® area
- Cedar Hills
- MLS® number
- R3101081
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Listing data via MLS®. Displayed for information only.