2233 171 STREET, Surrey
$3,680,000
This 48,913 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.
Rare 1.13-acre corner parcel in Grandview Heights, designated Urban Residential (4-15 units/acre) under the OCP—excellent future redevelopment potential. Well-maintained 3 bed, 3 bath home offers spacious living with an expanded kitchen, formal dining and bright family/games room. Bonus 1,500 sq ft detached extra high double garage/shop with its own driveway off 22 Avenue. Ideal holding property in one of South Surrey's fastest-growing corridors. Walk to the Aquatic Centre . Close to Grandview Height Shopping, Edgewood Elementary and Gradview Heights Secondary.
How this price compares
This lot asks $75 per square foot of lot. That is 50% below the median of $150 across the 529 active lots VanPlex is showing in Surrey, and puts it 80 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
- $3,680,000
- Lot size
- 48,913 sqft
- Lot dimensions
- 165 x 48913.00
- Frontage
- 165 ft
- Bedrooms
- 3
- Bathrooms
- 3
- Year built
- 1975
- MLS® area
- Pacific Douglas
- MLS® number
- R3107906
Want the PlexScore and return on equity for this lot? Get PlexPro.
Listing data via MLS®. Displayed for information only.