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7135 129A STREET, Surrey

$1,039,900

This 4,309 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.

Investor alert!! This home features 3 bedrooms upper floor and 1 bedroom with a full bathroom on the main floor. With 2 bedrooms suite for rental income. Private fenced backyard with fence door opening right into the school and park. Covered Sundeck attached with kitchen on main floor with glass sliding door. Two storage sheds in the backyard. Walking distance to Grocery stores, Transit, Parks and more. Call today for private showing.

How this price compares

This lot asks $241 per square foot of lot. That is 61% above the median of $150 across the 529 active lots VanPlex is showing in Surrey, and puts it 477 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
$1,039,900
Lot size
4,309 sqft
Lot dimensions
45 x 97
Frontage
45 ft
Bedrooms
6
Bathrooms
3
Year built
1977
MLS® area
West Newton
MLS® number
R3131681

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Listing data via MLS®. Displayed for information only.