13668 LARNER ROAD, Surrey
$1,599,000
This 309,711,600 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.
A RARE POSITIVE CASH FLOW PROPERTY—PERFECT FOR INVESTORS! Spacious ~3,500 sq.ft. two storey home on a rectangular 7,200+ sq.ft. lot. Features 9 bedrooms and 4 bathrooms with excellent mortgage helpers generating approx. $7,200/month. Functional layout with two driveways and ample parking. 10-min walk to Gateway SkyTrain Station. Located within City Centre Plan with redevelopment potential up to 2.5 FSR. Land assembly for 6-storey condo or duplex with garden suites (Buyer to verify). Catchment: Forsyth Road Elementary & École Kwantlen Park Secondary.
How this price compares
This lot asks $0 per square foot of lot. That is 100% below the median of $150 across the 526 active lots VanPlex is showing in Surrey, and puts it 1 of 526 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
- $1,599,000
- Lot size
- 309,711,600 sqft
- Lot dimensions
- 71 x 100
- Frontage
- 71 ft
- Bedrooms
- 8
- Bathrooms
- 4
- Year built
- 1957
- MLS® area
- Whalley
- MLS® number
- R3112831
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Listing data via MLS®. Displayed for information only.