18089 94 AVENUE, Surrey
$5,980,000
This 94,524.2 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 Development potential in Port Kells under Anniedale-Tynehead NCP development is designated High Density Cluster, which would support 10-15 townhouses per acre. One of the best short term holding properties available with 2.17 acres lot. Professionally renovated 3 bedroom + den rancher full of high end features. Warm hardwood, radiant heated tile floors, granite countertops, KitchenAid stainless steel appliances, Miele washer and dryer, wired for surround sound in every room as well as premium fixtures and over 750 square feet of deck space. Lots of storage built by the current owner. South facing, Enjoy this nice cozy home while waiting for the development in the near future. Best value in the neighbourhood!
How this price compares
This lot asks $63 per square foot of lot. That is 58% below the median of $150 across the 529 active lots VanPlex is showing in Surrey, and puts it 54 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
- $5,980,000
- Lot size
- 94,524.2 sqft
- Lot dimensions
- 159.4 x 593.00
- Frontage
- 159.4 ft
- Bedrooms
- 3
- Bathrooms
- 2
- Year built
- 1971
- MLS® area
- Port Kells
- MLS® number
- R3034544
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Listing data via MLS®. Displayed for information only.