14119 78 AVENUE, Surrey
$1,149,800
This 7,198 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.
Exciting opportunity for builders, investors, and renovators! This prime view lot can accommodate a 2-storey home with a walkout basement (3-storey), offering tremendous potential. The existing home includes a basement suite, providing rental income while you plan your next project. Don’t miss out on this fantastic chance to invest and enhance in a sought-after location!
How this price compares
This lot asks $160 per square foot of lot. That is 6% above the median of $150 across the 529 active lots VanPlex is showing in Surrey, and puts it 307 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
- $1,149,800
- Lot size
- 7,198 sqft
- Lot dimensions
- 60 x 120
- Frontage
- 60 ft
- Bedrooms
- 5
- Bathrooms
- 3
- Year built
- 1976
- MLS® area
- East Newton
- MLS® number
- R3104329
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Listing data via MLS®. Displayed for information only.