14860 89 AVENUE, Surrey
$1,330,000
This 7,818 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.
Rare 7,800 SQ.FT. flat rectangular lot located on a large quiet cul-de-sac in sought-after Bear Creek. This updated home offers 5 bedrooms, a generous den, and 2 full bathrooms, including a renovated 2-bedroom suite with great rental potential. Covered patio, fully fenced backyard, extra storage, and plenty of parking. Excellent location within walking distance to transit, schools, Gurdwara, and everyday amenities, with quick access to Fraser Hwy, 152 St, and 88 Ave. Catchment schools are Green Timbers Elementary and Enver Creek Secondary. R3 zoning offers future possibilities (buyer to verify with City). No easements or rights-of-way on title. A great opportunity to live, invest, or build in the future.
How this price compares
This lot asks $170 per square foot of lot. That is 13% above the median of $150 across the 529 active lots VanPlex is showing in Surrey, and puts it 343 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
- $1,330,000
- Lot size
- 7,818 sqft
- Lot dimensions
- 60 x
- Frontage
- 60 ft
- Bedrooms
- 5
- Bathrooms
- 2
- Year built
- 1978
- MLS® area
- Bear Creek Green Timbers
- MLS® number
- R3135444
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Listing data via MLS®. Displayed for information only.