2875 168 STREET, Surrey
$2,875,000
This 43,591 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.
Well maintained owner occupied home, cared for by the same family for over 50 years. 1 acre property with no creeks and a beautiful private backyard. Excellent opportunity to live in, hold, or invest in the desirable Grandview Heights neighbourhood. Walking distance to Southridge School, Pacific Heights Elementary, Grandview Heights Secondary, Grandview Heights Aquatic Centre, and Grandview Corners shopping. Easy access to Highway 99, White Rock Beach, Campbell Heights Business Park, and major commuter routes. Current North Grandview Heights NCP (2005) allows for one-half acre lots. Buyers should verify subdivision potential and any future development opportunities with the City of Surrey.
How this price compares
This lot asks $66 per square foot of lot. That is 56% below the median of $150 across the 529 active lots VanPlex is showing in Surrey, and puts it 59 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
- $2,875,000
- Lot size
- 43,591 sqft
- Lot dimensions
- 201 x 217.00
- Frontage
- 201 ft
- Bedrooms
- 5
- Bathrooms
- 3
- Year built
- 1972
- MLS® area
- Grandview Surrey
- MLS® number
- R3149219
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Listing data via MLS®. Displayed for information only.