16388 88 AVENUE, Surrey
$1,789,000
This 12,852 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.
Don’t miss this rare opportunity to own a massive 12,862 sf lot in the heart of Fleetwood. This property features a well-maintained renovated 2-level home with 6 bedrooms and 4 bathrooms (3 bed/2 bath up & 3 bed/2 bath down). Both levels offer separate entry and their own laundry, ideal for extended family living or a strong mortgage helper. Located in the Frost Road Elementary and North Surrey Secondary catchments. Designated Low Rise Residential under the Fleetwood Plan and situated in Tier 3 Transit-Oriented Area (TOA), offering excellent future redevelopment potential just minutes to the upcoming SkyTrain extension. Close to parks, shopping, schools & easy highway access. Hold, rent, or build—Fleetwood at its best! OPEN HOUSE - SAT., April 18 @ 2 - 4pm.
How this price compares
This lot asks $139 per square foot of lot. That is 7% below the median of $150 across the 529 active lots VanPlex is showing in Surrey, and puts it 217 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
- $1,789,000
- Lot size
- 12,852 sqft
- Lot dimensions
- 136.35 x 92.29
- Frontage
- 136.35 ft
- Bedrooms
- 6
- Bathrooms
- 4
- Year built
- 1949
- MLS® area
- Fleetwood Tynehead
- MLS® number
- R3090565
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Listing data via MLS®. Displayed for information only.