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8927 146A STREET, Surrey

$1,199,000

This 7,988 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.

Welcome to this maintained home in Surrey's desirable Bear Creek neighbourhood, offering the perfect blend of comfortable family living and outstanding investment potential. The upper level features 3 spacious bedrooms, 2 full bathrooms, and a bright den with access to a large deck, ideal for entertaining or relaxing outdoors. The fully finished basement suite includes 2 bedrooms, a full bathroom, kitchen, living area, and a separate entrance, offering flexibility for extended family or excellent mortgage helper income. Recent updates include new flooring, fresh paint, furnace, newer hot water tank, and fencing. Conveniently located within walking distance to schools and just minutes from shopping, transit, parks, and major commuter routes.

How this price compares

This lot asks $150 per square foot of lot. That is about the same as the median of $150 across the 529 active lots VanPlex is showing in Surrey, and puts it 266 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
$1,199,000
Lot size
7,988 sqft
Lot dimensions
170.28 x
Frontage
170.28 ft
Bedrooms
5
Bathrooms
3
Year built
1978
MLS® area
Bear Creek Green Timbers
MLS® number
R3146479

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Listing data via MLS®. Displayed for information only.