2451 141 STREET, Surrey
$2,550,000
This 48,787 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.
THE BEST Value in South Surrey! Priced almost $1 MILLION BELOW ASSESSMENT (BC ASSESSMENT $3,532,000). This prime and beautiful 48,787sqft property has a PLA Approved for 2 lots. Rare opportunity to complete this development of 2 estate lots or build your dream estate on the entire property. Situated in one of South Surrey's most desirable neighbourhoods, surrounded by multimillion dollar homes. Home has been taken down to the studs and is ready for demolition, save time and money in the process and start your legacy estate -or- 2 lot subdivision today.
How this price compares
This lot asks $52 per square foot of lot. That is 65% below the median of $150 across the 526 active lots VanPlex is showing in Surrey, and puts it 34 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
- $2,550,000
- Lot size
- 48,787 sqft
- Lot dimensions
- 165 x 301
- Frontage
- 165 ft
- Bedrooms
- 3
- Bathrooms
- 3
- Year built
- 1970
- MLS® area
- Elgin Chantrell
- MLS® number
- R3150868
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Listing data via MLS®. Displayed for information only.