5730 132A STREET, Surrey
$1,500,000
This 10,817 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.
Note: First 3 Images are rendering pictures. Seller has invested over $20,000 in architectural plans – potential to build a luxurious custom home up to 9,000 SQFT. Welcome to one of the most highly desired neighbourhoods - Panorama Ridge! This current modern 5-bedroom and 4-bathroom home sits on a massive 10,817SQFT lot. The home comes with an open-concept living space and a stunning chef-inspired kitchen sure to impress. Floor-to-ceiling windows, along with an abundance of skylights, make this home perfect for those who enjoy the natural light. Located in a central location close to all amenities and with lots of privacy. School catchments include Colebrook Elementary School & Panorama Ridge Secondary School. BONUS:Coach House above the detached garage is perfect for extra rental income.
How this price compares
This lot asks $139 per square foot of lot. That is 8% below the median of $150 across the 529 active lots VanPlex is showing in Surrey, and puts it 212 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
- $1,500,000
- Lot size
- 10,817 sqft
- Lot dimensions
- 82 x
- Frontage
- 82 ft
- Bedrooms
- 5
- Bathrooms
- 4
- Year built
- 1969
- MLS® area
- Panorama Ridge
- MLS® number
- R3143883
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Listing data via MLS®. Displayed for information only.