8912 URSUS CRESCENT, Surrey
$1,279,999
This 7,200 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.
Centrally located near Bear Creek Park, this well-maintained home features 3 bedrooms and 1.5 bathrooms on the main level, plus a bright sunroom and covered sundeck. The updated kitchen includes a Miele dishwasher, InSinkErator hot water dispenser, and Sakura hood fan. The lower level offers excellent mortgage-helper potential with two self-contained 1-bedroom suites. Enjoy the private backyard backing onto a treed greenbelt, complete with a 26' x 30' concrete patio and two storage sheds. Conveniently located close to schools, shopping, parks, and transit.
How this price compares
This lot asks $178 per square foot of lot. That is 18% above the median of $150 across the 529 active lots VanPlex is showing in Surrey, and puts it 382 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
- $1,279,999
- Lot size
- 7,200 sqft
- Lot dimensions
- 60 x 120
- Frontage
- 60 ft
- Bedrooms
- 5
- Bathrooms
- 4
- Year built
- 1977
- MLS® area
- Bear Creek Green Timbers
- MLS® number
- R3132432
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Listing data via MLS®. Displayed for information only.