9892 130 STREET, Surrey
$1,149,000
This 7,564 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.
Investor Alert! Don’t miss this exceptional cash-flowing opportunity. This expansive 2,412 sq ft corner property offers a rare combination of size, versatility, and prime central location. Featuring an impressive 9 bedrooms, 6 full bathrooms, and an on-site salon, this property is ideally suited for multi-family living or high-yield rental income. Conveniently located just minutes from shopping centres, universities, parks, recreational facilities, public transit, and major highways, it appeals to a wide tenant pool and ensures consistent demand. Currently generating $8,500 per month in rental income, this property delivers strong and reliable cash flow, making it an outstanding addition to any investment portfolio. Opportunities like this are rare—take note and act fast.
How this price compares
This lot asks $152 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 275 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
- $1,149,000
- Lot size
- 7,564 sqft
- Lot dimensions
- 62 x
- Frontage
- 62 ft
- Bedrooms
- 9
- Bathrooms
- 6
- Year built
- 1967
- MLS® area
- Cedar Hills
- MLS® number
- R3150689
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Listing data via MLS®. Displayed for information only.