8581 152 STREET, Surrey
$1,599,000
This 9,718.76 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 Investment Opportunity! Situated on a generous 9,761 sq. ft. lot, this freshly renovated property offers exceptional income-generating potential with three separate living spaces, each featuring its own private entry & separate laundry. Spacious 5 bedrooms and 4 bathrooms, this versatile home is ideal for investors, multi-generational families, or those seeking a strong holding property. Centrally located just steps from shopping, amenities, schools, and public transit, with easy access to the SkyTrain and a short commute to Guildford Town Centre. A rare opportunity in one of Surrey’s most desirable and rapidly growing neighbourhoods. Move in, rent out, or hold for future potential in the OCP!
How this price compares
This lot asks $165 per square foot of lot. That is 10% above the median of $150 across the 529 active lots VanPlex is showing in Surrey, and puts it 321 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
- $1,599,000
- Lot size
- 9,718.76 sqft
- Lot dimensions
- 75.94 x 127.58
- Frontage
- 75.94 ft
- Bedrooms
- 5
- Bathrooms
- 4
- Year built
- 1946
- MLS® area
- Bear Creek Green Timbers
- MLS® number
- R3135778
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Listing data via MLS®. Displayed for information only.