7272 149A STREET, Surrey
$5,800,000
This 71,438.4 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.
ATTENTION DEVELOPERS AND BUILDERS! SUBDIVISION POTENTIAL. Unique and rare opportunity for one of the finest parcels of land located in desirable Chimney Hills neighbourhood of Surrey. First time on the market in almost 50 years. 1.64 acre level and rectangular lot. NO CREEKS, NO EASEMENTS, NO RIGHTS OF WAYS. This PRIME parcel of land is perfectly located with the kind of positioning builders and investors dream of. Close to key commuter routes, established services, golf courses, schools, public transit and strong surrounding demand. Take advantage of Small Scale Multi Unit Housing. Bring vision-confirm zoning and redevelopment with the City of Surrey. This would also be an ideal spot to build your dream estate on which is loaded with an amazing variety of fruit trees, flowers and gardens.
How this price compares
This lot asks $81 per square foot of lot. That is 46% below the median of $150 across the 529 active lots VanPlex is showing in Surrey, and puts it 88 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
- $5,800,000
- Lot size
- 71,438.4 sqft
- Lot dimensions
- 236.96 x 302
- Frontage
- 236.96 ft
- Bedrooms
- 4
- Bathrooms
- 2
- Year built
- 1958
- MLS® area
- East Newton
- MLS® number
- R3138341
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Listing data via MLS®. Displayed for information only.