7845 122A STREET, Surrey
$1,199,900
This 7,275 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.
Prime opportunity in a sought after location close to schools, parks, shopping and everyday amenitites. Situated on a generous lot with convenient Back Lane Access, this older home offers endless potential for first time home buyers, investors and families looking to build their Dream Home. A rare chance to create something special in a desirable neighbourhood.
How this price compares
This lot asks $165 per square foot of lot. That is 10% above the median of $150 across the 526 active lots VanPlex is showing in Surrey, and puts it 323 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
- $1,199,900
- Lot size
- 7,275 sqft
- Lot dimensions
- 60.61 x 119.58
- Frontage
- 60.61 ft
- Bedrooms
- 5
- Bathrooms
- 3
- Year built
- 1958
- MLS® area
- West Newton
- MLS® number
- R3126514
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Listing data via MLS®. Displayed for information only.