15305 17 AVENUE, Surrey
$1,599,999
This 7,320 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.
Prime South Surrey location, only a block from Semiahmoo Mall ! This property is part of a potential multi-lot land assembly within the Semiahmoo Town Centre Plan, with opportunity to expand westward. The adjacent property at 15297 17 Ave is also listed, creating a rare combined redevelopment opportunity. Supported by City CAC policies, the area is trending toward higher density residential development, and nearby construction of 52 unit building at 15353 17 Ave demonstrates strong demand. Perfect to hold, rent, or redevelop. Walking distance to schools, shopping, parks, and transit.
How this price compares
This lot asks $219 per square foot of lot. That is 46% above the median of $150 across the 526 active lots VanPlex is showing in Surrey, and puts it 458 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
- $1,599,999
- Lot size
- 7,320 sqft
- Lot dimensions
- 60 x 122
- Frontage
- 60 ft
- Bedrooms
- 2
- Bathrooms
- 1
- Year built
- 1960
- MLS® area
- King George Corridor
- MLS® number
- R3060064
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Listing data via MLS®. Displayed for information only.