12881 CARLUKE CRESCENT, Surrey
$1,549,000
This 7,201 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.
Welcome to this spacious 3-level split home in the desirable Queen Mary neighborhood! Offering 7 bedrooms and 4.5 bathrooms, this property includes 2 unauthorized suites with excellent mortgage helper potential. Features include large rooms, hardwood flooring, vinyl windows, hot water heating, and a cozy fireplace. Functional layout ideal for large families or investors seeking strong rental income opportunities. Big lot with future development potential (confirm with the city of Surrey) in the prime location! Crawl space! Big sunny backyard!
How this price compares
This lot asks $215 per square foot of lot. That is 43% above the median of $150 across the 529 active lots VanPlex is showing in Surrey, and puts it 455 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
- $1,549,000
- Lot size
- 7,201 sqft
- Lot dimensions
- 60 x
- Frontage
- 60 ft
- Bedrooms
- 7
- Bathrooms
- 5
- Year built
- 1977
- MLS® area
- Queen Mary Park Surrey
- MLS® number
- R3125345
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Listing data via MLS®. Displayed for information only.