2496 124 STREET, Surrey
$1,475,000
This 7,117 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.
EXCELLENT POTENTIAL! OUR HOME OFFERS A GREAT OPPORTUNITY TO INVEST OR REBUILD IN ONE OF SOUT SURREY'S MOST SOUGHT-AFTER AREAS. This home is currently operating as a daycare, so the Tenant would be happy to stay! Our home is just short of 10-20 minute walk to the beach, rec centre, and trails. Great sized lot 7117 SF in Crescent Beach/ Ocean Park area.
How this price compares
This lot asks $207 per square foot of lot. That is 38% above the median of $150 across the 529 active lots VanPlex is showing in Surrey, and puts it 447 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
- $1,475,000
- Lot size
- 7,117 sqft
- Lot dimensions
- 73 x 95.5
- Frontage
- 73 ft
- Bedrooms
- 4
- Bathrooms
- 2
- Year built
- 1973
- MLS® area
- Crescent Bch Ocean Pk.
- MLS® number
- R3137486
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Listing data via MLS®. Displayed for information only.