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7068 129A AVENUE, Surrey

$999,000

This 4,515 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.

Opportunity knocks in sought-after West Newton! This well-maintained rancher offers 5 bedrooms, 2.5 bathrooms, and a practical layout designed for both families and investors. Recent improvements include updated flooring, stylish fixtures, renovated washrooms, an upgraded kitchen, and the added comfort of central air conditioning. The home features a separate-entry suite that can be configured as either a 1- or 2-bedroom mortgage helper, providing excellent flexibility for extended family living or additional income. Situated on a 4,515 sq. ft. lot, the property also offers abundant parking. Conveniently located near schools, parks, shopping centres, public transportation, and other essential amenities, this property combines comfort, convenience, and investment potential in one attractive

How this price compares

This lot asks $221 per square foot of lot. That is 48% above the median of $150 across the 526 active lots VanPlex is showing in Surrey, and puts it 460 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
$999,000
Lot size
4,515 sqft
Lot dimensions
43 x
Frontage
43 ft
Bedrooms
5
Bathrooms
3
Year built
1977
MLS® area
West Newton
MLS® number
R3153875

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Listing data via MLS®. Displayed for information only.