17118 96 AVENUE, Surrey
$3,499,000
This 87,094 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 exceptional investment opportunity on this rare 2-acre property, ideally located outside the ALR within the Anniedale Tynehead NCP and designated for residential development. Situated in one of Surrey’s fastest-growing areas, this property is perfectly positioned for future redevelopment while offering immediate value. Enjoy direct access to Tynehead Regional Park and its extensive trail network, with Northview Golf & Country Club just minutes away. Excellent connectivity to Highway 1, Highway 15, and the South Fraser Perimeter Road provides quick access throughout the Lower Mainland. The property is perfect to hold while planning for the future. Please do not disturb the tenants. ALL OFFERS SUBJECT TO APPROVAL OF THE SUPREME COURT OF B.C
How this price compares
This lot asks $40 per square foot of lot. That is 73% below the median of $150 across the 526 active lots VanPlex is showing in Surrey, and puts it 25 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
- $3,499,000
- Lot size
- 87,094 sqft
- Lot dimensions
- 227 x 383
- Frontage
- 227 ft
- Bedrooms
- 3
- Bathrooms
- 2
- Year built
- 1957
- MLS® area
- Fleetwood Tynehead
- MLS® number
- R3154437
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Listing data via MLS®. Displayed for information only.