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6209 172 STREET, Surrey

$1,299,888

This 7,320 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.

Fully renovated corner property situated on a spacious 7,281 sq.ft. lot in a highly convenient Cloverdale location. The main home offers 3 good-sized bedrooms, and a bright main-floor nook, featuring new windows, new flooring, and a new roof for peace of mind. Bright, functional layout with excellent natural light throughout. This property includes a flexible rental suite with the option to rent one or two bedrooms, providing excellent mortgage-helper potential. Ideally located close to schools, parks, shopping, transit and the Cloverdale Rodeo, making it perfect for families, investors, or multi-generational living. A rare opportunity to own a move-in-ready home with income potential on a large corner lot.

How this price compares

This lot asks $178 per square foot of lot. That is 19% above the median of $150 across the 526 active lots VanPlex is showing in Surrey, and puts it 379 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
$1,299,888
Lot size
7,320 sqft
Lot dimensions
61 x 120
Frontage
61 ft
Bedrooms
5
Bathrooms
3
Year built
1979
MLS® area
Cloverdale BC
MLS® number
R3152917

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Listing data via MLS®. Displayed for information only.