6159 150 STREET, Surrey
$9,499,000
This 82,764 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.
Development Land Opportunity in South Newton. Rare chance to acquire a 1.90-acre property in one of Surrey’s fastest-growing neighbourhoods. 6159 150 Street offers excellent future development potential with flexible land use options. Ideal for single family residential, small-lot subdivision, or potentially more (subject to City of Surrey approvals, Buyer to verify). Existing home on property 5 bed, 3 bath can provide steady rental income while awaiting permits. Well located with convenient access to major roads, schools, parks, shopping, and transit. Strong market fundamentals supported by ongoing residential demand and area growth. A compelling opportunity for builders and investors seeking long-term value in a prime Surrey location. Do not walk on the Property without an appointment.
How this price compares
This lot asks $115 per square foot of lot. That is 23% below the median of $150 across the 526 active lots VanPlex is showing in Surrey, and puts it 141 of 526 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
- $9,499,000
- Lot size
- 82,764 sqft
- Lot dimensions
- 128 x (1.90AC)
- Frontage
- 128 ft
- Bedrooms
- 5
- Bathrooms
- 3
- Year built
- 1977
- MLS® area
- Sullivan Station
- MLS® number
- R3145370
Want the PlexScore and return on equity for this lot? Get PlexPro.
Listing data via MLS®. Displayed for information only.