16114 20 AVENUE, Surrey
$4,500,000
This 84,071 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.
An investment property that is hard to beat! Private 1.93 acres w/329' frontage designated Business Park now! Costco is planned directly behind this property, a major retail/office commercial centre is planned across the street, & a new 20 Ave overpass is under construction! Enjoy the gorgeous completely renovated 2248 sq ft 3 spacious bedroom + games room rancher for your family w/brilliant south exposure, stunning baths, wide plank hardwood & expansive rear deck! Chef's premium white maple kitchen w/quartz counters, 30 soft-close drawers & 2 ovens! Dad will love the 49' x34' 1678 sq. ft. mechanic's shop/triple garage w/steel beam & 12'3" high ceilings w/two 10'x10' overhead doors & one 9'x7' OH door. Covered parking for 4 w/extra carport! Services incl sewer on the street! Rare!
How this price compares
This lot asks $54 per square foot of lot. That is 64% below the median of $150 across the 526 active lots VanPlex is showing in Surrey, and puts it 39 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
- $4,500,000
- Lot size
- 84,071 sqft
- Lot dimensions
- 329 x 298
- Frontage
- 329 ft
- Bedrooms
- 3
- Bathrooms
- 2
- Year built
- 1967
- MLS® area
- Pacific Douglas
- MLS® number
- R3153445
Want the PlexScore and return on equity for this lot? Get PlexPro.
Listing data via MLS®. Displayed for information only.