14957 KEW DRIVE, Surrey
$1,248,000
This 7,621 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.
Set on a generous 7,621 sq ft lot in a mature and sought-after neighborhood, This 5 bedroom, 4 bath renovated Home with 4 kitchens and 4 rental units is ideal for first-time buyers or investors seeking strong income potential. Total Rent from the home is $5200. The flat, usable land offers a tranquil and private backyard with ample space for RV parking. Surrounded by established homes and greenery, the setting is peaceful, private, and full of potential for those looking to start fresh in a fantastic location.
How this price compares
This lot asks $164 per square foot of lot. That is 9% above the median of $150 across the 529 active lots VanPlex is showing in Surrey, and puts it 317 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
- $1,248,000
- Lot size
- 7,621 sqft
- Lot dimensions
- 174 x
- Frontage
- 174 ft
- Bedrooms
- 5
- Bathrooms
- 4
- Year built
- 1958
- MLS® area
- Bolivar Heights
- MLS® number
- R3090953
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Listing data via MLS®. Displayed for information only.