7048 140A STREET, Surrey
$1,179,000
This 11,408 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.
Come view this spacious 4 bedroom, 2 bathroom, 2,252 sq. ft. split-entry home situated on a large 11,408 sq. ft. lot backing onto Arbutus Park. Upstairs features 3 bedrooms, a full bathroom, generous living and dining areas, a kitchen overlooking the backyard, an enclosed solarium and a balcony. Downstairs offers a bedroom, bathroom, second kitchen with gas stove, living room, laundry, workshop and 2 fireplaces. Enjoy a tandem 2-car garage, extra storage, RV/Boat parking and an east-facing backyard. Walk to Georges Vanier Elementary, Newton Exchange, Superstore, Save-On-Foods, banks, Newton Wave Pool, restaurants and more!
How this price compares
This lot asks $103 per square foot of lot. That is 31% below the median of $150 across the 526 active lots VanPlex is showing in Surrey, and puts it 115 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
- $1,179,000
- Lot size
- 11,408 sqft
- Lot dimensions
- 71 x 121
- Frontage
- 71 ft
- Bedrooms
- 4
- Bathrooms
- 2
- Year built
- 1959
- MLS® area
- East Newton
- MLS® number
- R3151383
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Listing data via MLS®. Displayed for information only.