14200 GROSVENOR ROAD, Surrey
$999,900
This 9,735 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.
Excellent opportunity for investors and builders alike! This 9,735 sq.ft lot is currently zoned RA (Acreage Residential) and allows for small scale multi unit housing - allows for up to 4 dwellings on the property (2 principle use and 2 accessory use). Build a great duplex, both with legal suites for great revenue potential! Home is approx 2,600sq.ft, 4 Bed, 2 Bath and requires significant renovations. Proximity to Hwy 1, Guildford, and also Central City, make this the perfect location to build your family home and/or investment dwellings.
How this price compares
This lot asks $103 per square foot of lot. That is 32% below the median of $150 across the 529 active lots VanPlex is showing in Surrey, and puts it 114 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
- $999,900
- Lot size
- 9,735 sqft
- Lot dimensions
- 65 x 150.0
- Frontage
- 65 ft
- Bedrooms
- 4
- Bathrooms
- 2
- Year built
- 1959
- MLS® area
- Bolivar Heights
- MLS® number
- R3079622
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Listing data via MLS®. Displayed for information only.