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9761 124A STREET, Surrey

$1,299,900

This 13,853 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.

Huge lot 13853 sq ft East-Facing in Cedar Hills! Prime development opportunity in the heart of North Surrey. This flat, east-facing lot offers no easements or rights of way, maximizing your building potential. Located in the desirable Cedar Hills neighborhood, it’s just minutes from schools, shopping, and transit. Whether you're a builder or investor, this is an opportunity not to be missed, bring your offer.House with good stucture, a perfect Reno project or hold now & build.Neighbouring property also for sale.Potential for 2 to 6 dwelling units (CHECK WITH CITY)

How this price compares

This lot asks $94 per square foot of lot. That is 37% below the median of $150 across the 526 active lots VanPlex is showing in Surrey, and puts it 104 of 526 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
$1,299,900
Lot size
13,853 sqft
Lot dimensions
70 x
Frontage
70 ft
Bedrooms
5
Bathrooms
2
Year built
1959
MLS® area
Cedar Hills
MLS® number
R3089408

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Listing data via MLS®. Displayed for information only.