13697 16 AVENUE, Surrey
$1,988,000
This 11,412 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.
Investors and builders Alert!!! This Large 11,412 SF lot situated on the north side of 16th Ave in South Surrey. Massive potential: subdivide into 2 spacious lots or assemble with 13671 & 13681 16th Ave for a 10-unit row house development(Consult City for more density). Lane access is available now. The existing 2,540 SF 2-storey home is exceptionally well-maintained, featuring 3 bedrooms, 2 bathrooms, a large party-sized sundeck, and RV parking. Currently rented, providing immediate holding income while you secure permits. Unbeatable location: steps from elementary school catchment, retail, and White Rock City Centre. Quick access to Hwy 99 for a seamless Vancouver commute and just minutes to the beach. A rare chance to hold or build in a high-demand corridor! Smart investors -- ACT NOW!
How this price compares
This lot asks $174 per square foot of lot. That is 16% above the median of $150 across the 529 active lots VanPlex is showing in Surrey, and puts it 361 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
- $1,988,000
- Lot size
- 11,412 sqft
- Lot dimensions
- 93.37 x 123
- Frontage
- 93.37 ft
- Bedrooms
- 3
- Bathrooms
- 0
- Year built
- 1969
- MLS® area
- Sunnyside Park Surrey
- MLS® number
- R3114314
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Listing data via MLS®. Displayed for information only.