18351 74 AVENUE, Surrey
$3,590,000
This 48,700 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.
Lovely 7 bedroom 1.12-acre development property in West Clayton, suited for builders and investors. Services at the lot line with development-ready conditions. Elevated lot with valley and mountain views. Walking distance to the future SkyTrain station (approx. 3 blocks). SROW allows for a strata road configuration, offering enhanced greenspace potential. Well-priced for today's market and one of the most compelling development sites currently available in West Clayton. Renovated walkout basement with separate entrance is perfect for in-law accomodations.
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 74 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
- $3,590,000
- Lot size
- 48,700 sqft
- Bedrooms
- 7
- Bathrooms
- 3
- Year built
- 1971
- MLS® area
- Clayton
- MLS® number
- R3127104
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Listing data via MLS®. Displayed for information only.