12892 111 AVENUE, Surrey
$1,299,900
This 9,848 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.
LOCATION! LOCATION! Solid home on huge 9848 Sq. Ft. corner lot - just under 1/4 acre. Main floor features: Spacious living room, Dining, kitchen with granite counters, marble backsplash, family room and 3 bedrooms plus 3 full baths. North facing balcony with views of Mountains and city lights. Large, bright, 2 bedroom mortgage helper in the bottom level with full-size windows. Huge South facing deck overlooks private rear yard. Lots of parking. Centrally situated between two skytrain stations. Detached garage great for mechanics. Close to university, Surrey Place Mall, Central City and both levels of schools with easy access to Burnaby, Van, Richmond, Metrotown & downtown. Great investment to hold, build or move in.
How this price compares
This lot asks $132 per square foot of lot. That is 12% below the median of $150 across the 529 active lots VanPlex is showing in Surrey, and puts it 186 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
- $1,299,900
- Lot size
- 9,848 sqft
- Lot dimensions
- 61 x
- Frontage
- 61 ft
- Bedrooms
- 5
- Bathrooms
- 4
- Year built
- 1975
- MLS® area
- Whalley
- MLS® number
- R3145323
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Listing data via MLS®. Displayed for information only.