8736 154 STREET, Surrey
$1,499,900
This 10,282 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 - Excellent development potential! This lot is part of the detailed Fleetwood Plan designated for townhouse or possibly apartment density with zoning amendment - verify with City. This immaculate rancher is situated on a tree-less and flat 10,282 sq ft lot less than a block from the new skytrain. Perfect to live in or rent out. Awesome detached workshop for tinkering and storage and tons of parking and room for all your toys. This large, flat, square lot has no trees and is ready for your development ideas. Tons of potential here, don't miss it!
How this price compares
This lot asks $146 per square foot of lot. That is 3% below the median of $150 across the 529 active lots VanPlex is showing in Surrey, and puts it 245 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
- $1,499,900
- Lot size
- 10,282 sqft
- Lot dimensions
- 84.3 x 121.5
- Frontage
- 84.3 ft
- Bedrooms
- 3
- Bathrooms
- 1
- Year built
- 1958
- MLS® area
- Fleetwood Tynehead
- MLS® number
- R3150691
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Listing data via MLS®. Displayed for information only.