15442 40 AVENUE, Surrey
$3,488,800
This 435,469.32 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.
If you are looking for a farm land BUSINESS and an INVESTMENT PROPERTY! You have to see this gorgeous 10.00 acres farm land located in 40th Avenue and a lot away from 152 Street. Easy access to lower mainland area & Hwy 99. Very close to Morgan Creek Golf Course - one of the best Golf Course in Fraser Valley. The 2,194 sqft home features 4 beds and 2 baths plus 7,000 sqft WAREHOUSE! 4 qualified CANNABIS. GROWING LICENSES, 3 phase power and rich soil ideal for nursery business and other uses, all fall under A-1 Agricultural zoning. Nicmekl River separates this farm land from Rosemary Heights. Don't miss this opportunity!
How this price compares
This lot asks $8 per square foot of lot. That is 95% below the median of $150 across the 529 active lots VanPlex is showing in Surrey, and puts it 8 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
- $3,488,800
- Lot size
- 435,469.32 sqft
- Lot dimensions
- 985 x
- Frontage
- 985 ft
- Bedrooms
- 4
- Bathrooms
- 2
- Year built
- 1969
- MLS® area
- Morgan Creek
- MLS® number
- R3097486
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Listing data via MLS®. Displayed for information only.