2355 176 STREET, Surrey
$11,980,000
This 216,357 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.
Attention to all Investors/Developers! Exceptional 4.96 AC development site in the heart of Grandview Heights with dual frontage on 174th Street and 176 Street, along 24th Avenue. This site offers outstanding potential in a rapidly evolving community, located close to schools, parks and recreation, shopping, and major transportation routes. A rarely available opportunity to invest in this highly desirable area.
How this price compares
This lot asks $55 per square foot of lot. That is 63% below the median of $150 across the 526 active lots VanPlex is showing in Surrey, and puts it 42 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
- $11,980,000
- Lot size
- 216,357 sqft
- Bedrooms
- 6
- Bathrooms
- 2
- Year built
- 1966
- MLS® area
- Grandview Surrey
- MLS® number
- R3148698
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Listing data via MLS®. Displayed for information only.