18463 56 AVENUE, Surrey
$1,249,500
This 7,222 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.
Well maintained plus renovated home having 6 bedrooms plus 4 washrooms with large lot 7222 sqft. This is a fantastic property situated in the heart of Cloverdale close to NEW SURREY HOSPITAL & Highway No 10. Recent updates include kitchen cabinets and counters, stainless steel appliances, renovated bathrooms, and new flooring throughout plus new railing & fencing etc. The two bedroom suite is a great mortgage helper and is above ground level. This property is complete with a large balcony and backyard that are perfect for entertaining or keeping the kids occupied. Centrally located near schools, transit, shopping & recreation centre plus all restaurants. Do not miss chance to occupy this beauty before it has gone!
How this price compares
This lot asks $173 per square foot of lot. That is 16% above the median of $150 across the 526 active lots VanPlex is showing in Surrey, and puts it 353 of 526 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
- $1,249,500
- Lot size
- 7,222 sqft
- Lot dimensions
- 60 x 120.36
- Frontage
- 60 ft
- Bedrooms
- 6
- Bathrooms
- 4
- Year built
- 1971
- MLS® area
- Cloverdale BC
- MLS® number
- R3149208
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Listing data via MLS®. Displayed for information only.