13090 72 AVENUE, Surrey
$1,399,999
This 7,160 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.
Prime Newton location! Large lot size and multiple suites! This home is situated right on 72 Avenue, offering excellent location and future potential. Steps away from Newton Bus Exchange, schools, parks, shopping, and all major amenities. Currently generating strong rental income!! This property is ideal for investors or a growing family seeking supplemental income with multiple mortgage helpers. with its central location and long-term redevelopment potential, this is a property that checks all the boxes for both living and investment.
How this price compares
This lot asks $196 per square foot of lot. That is 30% above the median of $150 across the 529 active lots VanPlex is showing in Surrey, and puts it 430 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
- $1,399,999
- Lot size
- 7,160 sqft
- Lot dimensions
- 60 x
- Frontage
- 60 ft
- Bedrooms
- 6
- Bathrooms
- 4
- Year built
- 1973
- MLS® area
- West Newton
- MLS® number
- R3124809
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Listing data via MLS®. Displayed for information only.