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15053 90A AVENUE, Surrey

$4,322,500

This 8,645 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.

Developer alert! Land assembly! Street front, total 48000+ sqf. Under Surrey Fleetwood Plan, FAR 5, Within 200m TOA, buildable minimum 20 storey with ground commercial (please verify with city by your own diligence). Ongoing 152 St. Skytrain station of Expo line Frazer Highway extension is right across the street. 15028 & 15038 Frazer Hwy & 15043 90A & 15061 90A are for sale too. Highly developing area & great potential.

How this price compares

This lot asks $500 per square foot of lot. That is 234% above the median of $150 across the 526 active lots VanPlex is showing in Surrey, and puts it 522 of 526 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
$4,322,500
Lot size
8,645 sqft
Lot dimensions
60 x
Frontage
60 ft
Bedrooms
3
Bathrooms
2
Year built
1977
MLS® area
Bear Creek Green Timbers
MLS® number
R3040267

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Listing data via MLS®. Displayed for information only.