14927 KEW DRIVE, Surrey
$1,399,999
This 8,250 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.
Beautifully renovated home on an approximately 8,250 sq. ft. lot, offering the perfect blend of comfortable living and excellent income potential. The main level features 3 bedrooms, 2 bathrooms, a bright open-concept kitchen, and large windows that fill the home with natural light. The lower level includes two mortgage helpers—a 2-bedroom suite and a bachelor suite. Recent upgrades include brand-new flooring, fresh paint, new LG stainless steel appliances, new windows, a new hot water tank, central air conditioning throughout the home, and an upgraded security camera system. Currently operating as a successful Airbnb, the upper level generates over $6,000 per month. With ample parking and a move-in-ready interior, this is an exceptional opportunity for homeowners and investors alike.
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 342 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
- $1,399,999
- Lot size
- 8,250 sqft
- Lot dimensions
- 65 x 115
- Frontage
- 65 ft
- Bedrooms
- 5
- Bathrooms
- 4
- Year built
- 1958
- MLS® area
- Bolivar Heights
- MLS® number
- R3149813
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Listing data via MLS®. Displayed for information only.