17348 62A AVENUE, Surrey
$1,149,999
This 7,376 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.
Large lot backing onto George Green Elementary and adjacent park, offering strong investment and redevelopment potential. Private backyard with no rear neighbours. The home has seen renovations over the years, including kitchen, flooring, bathrooms, and tiles, providing functional living with upside for future improvement. The property features 3 bedrooms upstairs and a 1 bedroom suite, creating solid rental or holding income. Located within walking distance to Cloverdale Athletic Park and other community amenities. Survey and MBE letter from 2021 are available, indicating potential for a 3 storey build. Buyers must conduct their own diligence/inspection regarding condition, zoning, density, and future development. Photos showcase property potential and does not reflect current condition.
How this price compares
This lot asks $156 per square foot of lot. That is 4% above the median of $150 across the 529 active lots VanPlex is showing in Surrey, and puts it 291 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
- $1,149,999
- Lot size
- 7,376 sqft
- Lot dimensions
- 60 x
- Frontage
- 60 ft
- Bedrooms
- 4
- Bathrooms
- 2
- Year built
- 1976
- MLS® area
- Cloverdale BC
- MLS® number
- R3091323
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Listing data via MLS®. Displayed for information only.