15875 101A AVENUE, Surrey
$3,627,000
This 48,810 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.
Rancher with basement home on a large lot. Very livable home. At 1.1+ acres, this property is ready for development with close access to Highway 1 at 160 Street.
How this price compares
This lot asks $74 per square foot of lot. That is 50% below the median of $150 across the 526 active lots VanPlex is showing in Surrey, and puts it 76 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
- $3,627,000
- Lot size
- 48,810 sqft
- Lot dimensions
- 165 x 295
- Frontage
- 165 ft
- Bedrooms
- 3
- Bathrooms
- 2
- Year built
- 1962
- MLS® area
- Guildford
- MLS® number
- R3153439
Want the PlexScore and return on equity for this lot? Get PlexPro.
Listing data via MLS®. Displayed for information only.