17791 20 AVENUE, Surrey
$3,099,900
This 39,168.8 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.
Prime investment and future development opportunity in the highly desirable Grandview Heights community of South Surrey. Situated within the Grandview Area 3 NCP, this property offers potential for up to 15 units per acre, making it a strategic acquisition for builders and long-term investors. The flat, usable lot is positioned in the heart of ongoing growth, surrounded by new townhome and single-family developments. Just minutes to Grandview Corners, Morgan Crossing, top-rated schools, and major commuter routes. Enjoy the added lifestyle appeal of being steps to Redwood Park, offering expansive green space, walking trails, and a natural retreat that enhances both end-user desirability and future marketability. Buyers to verify development potential with the City of Surrey.
How this price compares
This lot asks $79 per square foot of lot. That is 47% below the median of $150 across the 529 active lots VanPlex is showing in Surrey, and puts it 84 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
- $3,099,900
- Lot size
- 39,168.8 sqft
- Lot dimensions
- 118 x
- Frontage
- 118 ft
- Bedrooms
- 5
- Bathrooms
- 3
- Year built
- 1966
- MLS® area
- Hazelmere
- MLS® number
- R3108043
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Listing data via MLS®. Displayed for information only.