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9893 132 STREET, Surrey

$1,098,800

This 7,871 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 OPPORTUNITY FOR INVESTORS, VERY well-kept 6 bed, 2 bath spacious bright home on a large 7869 sqft lot in the heart of CEDER HILL. This lot has a 65' frontage and has great potential to be rezoned down the road into multifamily. This home has had many updates: a new kitchen, a washroom, higher-end S/S appliances, and hardwood flooring. Spectacular, beautiful yard for all your family fun and entertainment. Renovated finished basement with a separate entrance. Extra parking for all your vehicles and toys, close to both schools, transportation, and easy access to all the major routes. Call today to book your showing, 24 hr notice required!!!!!!!!!

How this price compares

This lot asks $140 per square foot of lot. That is 7% below the median of $150 across the 529 active lots VanPlex is showing in Surrey, and puts it 219 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
$1,098,800
Lot size
7,871 sqft
Lot dimensions
65 x 120
Frontage
65 ft
Bedrooms
6
Bathrooms
2
Year built
1952
MLS® area
Cedar Hills
MLS® number
R3125829

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Listing data via MLS®. Displayed for information only.