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14237 69 AVENUE, Surrey

$1,329,900

This 8,083 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.

Motivated Seller! Just steps from a Hazelnut Park and an Georges Vanier Elementary School. This solid and well-maintained 5-bedroom, 3-bathroom basement entry home offers over 2,500 sq. ft. of living space. Situated on a spacious 61.8 x 131 ft. south-facing lot with incredible potential, the upper floor features 3 bedrooms, 2 bathrooms, a large living room, dining area, kitchen with eating nook, and a large covered & wraparound sundeck. The ground-level basement with separate entry offers a large rec room, 2 additional bedrooms, a full bathroom, and laundry – all this plus R3 zoning that allows you to finish the suite(s) for a mortgage helper or you have the option to build a side-by-side custom Duplex. Capitalize on a fantastic location with endless possibilities. Try all offers!

How this price compares

This lot asks $165 per square foot of lot. That is 10% above the median of $150 across the 529 active lots VanPlex is showing in Surrey, and puts it 322 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
$1,329,900
Lot size
8,083 sqft
Lot dimensions
61.8 x 130.8
Frontage
61.8 ft
Bedrooms
5
Bathrooms
3
Year built
1975
MLS® area
East Newton
MLS® number
R3106964

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Listing data via MLS®. Displayed for information only.