1603 KING GEORGE BOULEVARD, Surrey
$2,500,000
This 13,743 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.
Investor/Developer Opportunity! Don't miss out on this prime development lot for sale, strategically situated within the KING GEORGE HIGHWAY CORRIDOR PLAN. This property boasts excellent potential for rezoning to Multiple Residential--connect with the City of Surrey to explore land use options. Enjoy convenient access to Highway 99, the U.S. border, beautiful White Rock Beach, and an array of dining options. The measurements provided by the realtor are approximate; buyers and/or their agents are encouraged to verify all crucial details. For more information, call today!
How this price compares
This lot asks $182 per square foot of lot. That is 21% above the median of $150 across the 526 active lots VanPlex is showing in Surrey, and puts it 395 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
- $2,500,000
- Lot size
- 13,743 sqft
- Lot dimensions
- 238 x 192
- Frontage
- 238 ft
- Bedrooms
- 2
- Bathrooms
- 1
- Year built
- 1972
- MLS® area
- King George Corridor
- MLS® number
- R3072030
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Listing data via MLS®. Displayed for information only.