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13434 98A AVENUE, Surrey

$2,588,000

This 8,659 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.

Attention developers and investors, look no further. Land Assembly opportunities. 8640 Sq.Ft. flat Lot (60*144) sits right at the heart of the Surrey city center . The city central plan shows up to 3.0 FSR .Great location, next to Holland park. Walking distance to the sky-train station, UBC, SFU, and all the major facilities and shopping areas.

How this price compares

This lot asks $299 per square foot of lot. That is 99% above the median of $150 across the 529 active lots VanPlex is showing in Surrey, and puts it 505 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
$2,588,000
Lot size
8,659 sqft
Lot dimensions
60.14 x 144
Frontage
60.14 ft
Bedrooms
5
Bathrooms
3
Year built
1975
MLS® area
Whalley
MLS® number
R3125733

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Listing data via MLS®. Displayed for information only.