9714 131 STREET, Surrey
$1,298,888
This 7,539 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 investment opportunity on a 7,500+ sq ft lot with 60 ft frontage and back lane access. Ready with building plans for a full 3-level duplex with a 2-level garden suite—each side approx. 3,400 sq ft including garden suite. Live or rent the existing home featuring a 3-bed main and 2-bed suite while you plan your build. Next door (9704 131 St), also available with similar duplex and garden suite plans—buy one or secure both as a package. Excellent holding property with strong future potential in a growing area. Buy this home and enjoy a 1-Year Buyer Satisfaction Guarantee!
How this price compares
This lot asks $172 per square foot of lot. That is 15% above the median of $150 across the 529 active lots VanPlex is showing in Surrey, and puts it 352 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
- $1,298,888
- Lot size
- 7,539 sqft
- Lot dimensions
- 60 x
- Frontage
- 60 ft
- Bedrooms
- 5
- Bathrooms
- 3
- Year built
- 1962
- MLS® area
- Cedar Hills
- MLS® number
- R3109363
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Listing data via MLS®. Displayed for information only.