5959 172 STREET, Surrey
$1,190,000
This 10,126 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.
BUILDER ALERT! Prime R3 Zoning allows for a luxury custom build or multiplex potential. A versatile opportunity perfect for developers or those seeking to create their forever home. Sold AS-IS. Please do not disturb tenants.
How this price compares
This lot asks $118 per square foot of lot. That is 22% below the median of $150 across the 529 active lots VanPlex is showing in Surrey, and puts it 149 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
- $1,190,000
- Lot size
- 10,126 sqft
- Lot dimensions
- 69.68 x 147
- Frontage
- 69.68 ft
- Bedrooms
- 4
- Bathrooms
- 3
- Year built
- 1967
- MLS® area
- Cloverdale BC
- MLS® number
- R3140329
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Listing data via MLS®. Displayed for information only.