17643 24 AVENUE, Surrey
$3,778,000
This 51,138 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 Alert! Rarely available 1.17-acre development site in the heart of Grandview Heights. Designated Low Rise Residential (4–6 storeys) under the Grandview Heights NCP Area 4, offering excellent future opportunity. Ideally situated along 24 Avenue with convenient access to Highway 15, this prime location neighbours rapidly growing residential communities and key amenities. Located minutes from elementary schools and Grandview Heights secondary. Property was rented for over $4000 incl. large workshop. A rare opportunity to secure a prime site - invest now and capitalize on the area's continued expansion!
How this price compares
This lot asks $74 per square foot of lot. That is 51% below the median of $150 across the 529 active lots VanPlex is showing in Surrey, and puts it 75 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
- $3,778,000
- Lot size
- 51,138 sqft
- Lot dimensions
- 159.05 x
- Frontage
- 159.05 ft
- Bedrooms
- 4
- Bathrooms
- 2
- Year built
- 1971
- MLS® area
- Grandview Surrey
- MLS® number
- R3138785
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Listing data via MLS®. Displayed for information only.