3035 BALSAM CRESCENT, Surrey
$2,888,000
This 57,063 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.
Rare find Acreage Home in prime Elgin Chantrell. The neighborhood has its alias with "Shunassy" in South Surrey. The property offers 5 bedrooms & 4 bath above and 1 bedroom & 2 bath on the main, very spacious and functional. Private park like huge yard is great for entertaining your family and friends. Sounded by many brand new luxurious estates at same street. You move in this 2 floor 4065sf size nice house with 6 bedrooms & 6 bath; or you keep rental with good cash flow for long term. Month to month lease and tenant wants to stay; or you build your timeless dream home on this 1.31 acre private oasis. Perfect choices for your own living, or investment or building. School catchment: Chantrell Creek Elementary & Elgin Park Secondary. Asking is much lower than BC assessment. Don't miss!
How this price compares
This lot asks $51 per square foot of lot. That is 66% below the median of $150 across the 529 active lots VanPlex is showing in Surrey, and puts it 32 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
- $2,888,000
- Lot size
- 57,063 sqft
- Lot dimensions
- 89.92 x 193.4
- Frontage
- 89.92 ft
- Bedrooms
- 6
- Bathrooms
- 6
- Year built
- 1976
- MLS® area
- Elgin Chantrell
- MLS® number
- R3096305
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Listing data via MLS®. Displayed for information only.