1750 176 STREET, Surrey
$4,399,000
This 89,951.4 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.
Investor & Developer Opportunity! Prime investment property located within the approved Darts Hill Neighbourhood Concept Plan, positioning it for exciting future redevelopment potential. The neighbourhood plan is designed to create a complete community with a variety of housing choices for professionals, families, and seniors. The property's High-Density Townhouse designation supports: 25 UPA base density, with the opportunity to achieve 30 UPA under the Zero Carbon Incentive Program. Stacked townhouses up to 4 storeys in select locations. Townhouses up to 3 storeys. An exceptional opportunity to secure land in one of South Surrey's future growth areas.
How this price compares
This lot asks $49 per square foot of lot. That is 67% below the median of $150 across the 529 active lots VanPlex is showing in Surrey, and puts it 28 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
- $4,399,000
- Lot size
- 89,951.4 sqft
- Lot dimensions
- 0 x
- Frontage
- 0 ft
- Bedrooms
- 3
- Bathrooms
- 1
- Year built
- 1958
- MLS® area
- Hazelmere
- MLS® number
- R3143324
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Listing data via MLS®. Displayed for information only.