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17163 58 AVENUE, Surrey

$1,399,000

This 7,375 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.

Updated rancher on a large 7375 sqft lot. Recent updates include roof, windows, furnace/air conditioning, hot water tank, kitchen cabinets, appliances and laundry area. Newer flooring throughout. Spacious bedrooms and master bedroom includes walk-in closet and ensuite with dry sauna. Covered patio. Great location for Hwy 1 or 10 and walk to downtown Cloverdale. George Greenaway Elementary and Lord Tweedsmuir Secondary school catchments.

How this price compares

This lot asks $190 per square foot of lot. That is 26% above the median of $150 across the 529 active lots VanPlex is showing in Surrey, and puts it 421 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
$1,399,000
Lot size
7,375 sqft
Lot dimensions
62 x 118
Frontage
62 ft
Bedrooms
3
Bathrooms
2
Year built
1975
MLS® area
Cloverdale BC
MLS® number
R3094680

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Listing data via MLS®. Displayed for information only.