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7876 139A STREET, Surrey

$1,599,900

This 22,406 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.

Great opportunity here, Attention Builders, Developers or Home Owners with extended family members is ideal. Exceptional subdivision opportunity/potential here ....See associated Documents Well maintained Older 3 bdrm 2 bath 2 storey home in good shape newer furnace A/C & 5 year old roof vaulted ceilings & large rear patio all nestled on beautiful private parklike setting on over 1/2 acre CORNER lot, 22400 sqft, backing onto green belt. Wide frontage 145 ft 187 deep. R3 zoned so numerous possibilities exist now under new Urban 1 designation, ssmuh, potential of 3 lots or ?? Great location ,popular family oriented area. Walking distance to schools, shopping and transit. Elderly Sellers, Allow time for offers and showings. Appointments to view or walk onto property is a must Good Value !!

How this price compares

This lot asks $71 per square foot of lot. That is 52% below the median of $150 across the 529 active lots VanPlex is showing in Surrey, and puts it 72 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
$1,599,900
Lot size
22,406 sqft
Lot dimensions
44.34 x
Frontage
44.34 ft
Bedrooms
3
Bathrooms
2
Year built
1969
MLS® area
East Newton
MLS® number
R3141978

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Listing data via MLS®. Displayed for information only.