18331 74 AVENUE, Surrey
$2,999,000
This 48,787.2 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.
Court ordered sale. 1.12 acre property in Surrey's West Clayton neighbourhood. Designated Urban Residential (10+4 UPA Bonus) under the West Clayton NCP. Active Surrey application underway for rezoning and proposed 47-unit townhouse development in conjunction with adjacent property. Buyer to verify development potential, application status, servicing and environmental requirements with the City of Surrey. Property contains an older approximately 3,154 sq. ft. 2-storey single family dwelling built circa 1957. Measurements approximate from BC Assessment. Located within proximity to the future Hillcrest-184 Street SkyTrain station. Room dimensions are not accurate, Subject to access for confirmation. Property sold as is where is. Subject to Court approval.
How this price compares
This lot asks $61 per square foot of lot. That is 59% below the median of $150 across the 529 active lots VanPlex is showing in Surrey, and puts it 51 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
- $2,999,000
- Lot size
- 48,787.2 sqft
- Lot dimensions
- 165 x 300
- Frontage
- 165 ft
- Bedrooms
- 2
- Bathrooms
- 1
- Year built
- 1957
- MLS® area
- Clayton
- MLS® number
- R3124351
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Listing data via MLS®. Displayed for information only.