2727 176 STREET, Surrey
$6,690,000
This 97,263 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.
Great future development property in fast growing Grandview Heights, South Surrey, ideally located a short distance to new schools, aquatic centre, shopping, with convenient highway access along 176th Street (HWY 15) Situated in Grandview Heights Area 5, this 2.23-acre site is designated for up to 15 UPA under the Grandview Land Use Concept. Property across the 176 street is designated for apartment in NCP area 4. City of Surrey has received approval to proceed with preliminary pre-planning work for NCP in the area. The property includes a 3,500 sqft home with 3 bedrooms and 2 bathrooms, including a walk out basement with separate entrance, and as well as a detached workshop. Opportunity knocks!
How this price compares
This lot asks $69 per square foot of lot. That is 54% below the median of $150 across the 529 active lots VanPlex is showing in Surrey, and puts it 66 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
- $6,690,000
- Lot size
- 97,263 sqft
- Lot dimensions
- 47.85 x
- Frontage
- 156.99 ft
- Bedrooms
- 3
- Bathrooms
- 2
- Year built
- 1968
- MLS® area
- Grandview Surrey
- MLS® number
- R3089968
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Listing data via MLS®. Displayed for information only.