12905 99 AVENUE, Surrey
$1,819,000
This 17,029 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 multi-family living in this 2 family duplex with room for extended family. Excellent future re-development opportunity that meets subdivision requirements or to build a new 4plex with 2 coach homes (new water & sewer lines already in place). Side by side owner occupied renovated duplex on a 17000+ sq ft lot in Cedar Hills close to everything! Updated kitchens, baths, windows, siding, electrical panel, heating & A/C! Add in a spacious 1 bedroom suite with separate entrance (not rented), huge deck /patio & yard. Add in HUGE detached garage with side yard access, storage sheds, privacy hedge and loads of parking. A great multigenerational home or an investor money maker! Properties like these rarely come available!
How this price compares
This lot asks $107 per square foot of lot. That is 29% below the median of $150 across the 529 active lots VanPlex is showing in Surrey, and puts it 125 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
- $1,819,000
- Lot size
- 17,029 sqft
- Lot dimensions
- 79.98 x 213
- Frontage
- 79.98 ft
- Bedrooms
- 6
- Bathrooms
- 4
- Year built
- 1979
- MLS® area
- Cedar Hills
- MLS® number
- R3143387
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Listing data via MLS®. Displayed for information only.