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9860 160 STREET, Surrey

$2,299,900

This 43,996 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.

FLAT 1.01 acre lot (43995.6 sf) - 148 x 299 sf lot w/small water course in back corner backing onto Tynehead Park. Solid 3175 split entry home w/3 bdrms 2 full bthrms upstairs w/a bar area w/powder room in the basement plus a separate 2 bdrm suite. Great layout, well proportioned rooms. Little bit of paint and updating and you have a gorgeous home on a great lot! Detached double garage. Tons of parking. Close to transit, highway 1, Guildford Mall, the new SkyTrain, all levels of schools and natural trails. Great development opportunity.

How this price compares

This lot asks $52 per square foot of lot. That is 65% below the median of $150 across the 529 active lots VanPlex is showing in Surrey, and puts it 35 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
$2,299,900
Lot size
43,996 sqft
Lot dimensions
147.74 x
Frontage
147.74 ft
Bedrooms
5
Bathrooms
4
Year built
1979
MLS® area
Fleetwood Tynehead
MLS® number
R3101965

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Listing data via MLS®. Displayed for information only.