15661 92 AVENUE, Surrey
$1,549,900
This 11,231 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 1/4 acre property in an outstanding Fleetwood location. Featuring a spacious and very livable basement home with a legal suite, this property offers immediate rental income and holding value while you explore future redevelopment opportunities. Large lot, excellent frontage, and strong long term potential in a rapidly evolving neighborhood. Conveniently located near schools, shopping, transit, and all amenities. An exceptional opportunity for investors, builders, and future homeowners alike
How this price compares
This lot asks $138 per square foot of lot. That is 8% below the median of $150 across the 529 active lots VanPlex is showing in Surrey, and puts it 208 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
- $1,549,900
- Lot size
- 11,231 sqft
- Lot dimensions
- 100 x 111.40
- Frontage
- 100 ft
- Bedrooms
- 7
- Bathrooms
- 2
- Year built
- 1964
- MLS® area
- Fleetwood Tynehead
- MLS® number
- R3132851
Want the PlexScore and return on equity for this lot? Get PlexPro.
Listing data via MLS®. Displayed for information only.