14633 56 AVENUE, Surrey
$2,149,000
This 37,409 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.
Well kept Tudor home, offered for sale as a future development site, represents substantial value for investors and developers alike. PLA issued Multi-Unit Housing R2 Zoning (37,409 sqf.) in the highly sought-after South Newton NCP. Positioned alongside HWY 10 (56 Ave), this property boasts a North to South slope, overlooking Mud Bay and breathtaking sunsets. The existing 3,633 sf. residence is impeccably maintained, picturesque garden spaces, City Water and Sewer services. Scheduled appointment now.
How this price compares
This lot asks $57 per square foot of lot. That is 62% below the median of $150 across the 529 active lots VanPlex is showing in Surrey, and puts it 47 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
- $2,149,000
- Lot size
- 37,409 sqft
- Lot dimensions
- 41.21 x 276.05
- Frontage
- 41.21 ft
- Bedrooms
- 5
- Bathrooms
- 3
- Year built
- 1969
- MLS® area
- Sullivan Station
- MLS® number
- R3092580
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Listing data via MLS®. Displayed for information only.