2872 MCKENZIE AVENUE, Surrey
$1,074,900
This 4,918 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.
Nestled in a charming beachfront community just a couple of blocks from the beach, this unique property offers the perfect blend of coastal living and investment potential. Enjoy easy walking access to local restaurants and boutique shops, all while being moments from the sand and sea. The property features two separate homes, including a renovated one-bedroom coach house updated in 2019. Both residences benefit from full roof replacements completed in 2020, providing added peace of mind for years to come. Whether you're seeking a strong revenue-generating investment, a multi-family getaway, or the ideal location to build your dream beachside cottage for long, relaxing summer stays, this property presents an exceptional opportunity in a highly desirable seaside setting.
How this price compares
This lot asks $219 per square foot of lot. That is 46% above the median of $150 across the 529 active lots VanPlex is showing in Surrey, and puts it 460 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
- $1,074,900
- Lot size
- 4,918 sqft
- Lot dimensions
- 50.08 x
- Frontage
- 50.08 ft
- Bedrooms
- 3
- Bathrooms
- 1
- Year built
- 1937
- MLS® area
- Crescent Bch Ocean Pk.
- MLS® number
- R3110434
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Listing data via MLS®. Displayed for information only.