9939 119A STREET, Surrey
$1,399,999
This 7,865 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.
Welcome to this spacious 8 bedroom, 4 full bathroom split-entry home located on a bright corner lot of approximately 7,900 sq ft. The main level offers a functional layout with generous living spaces, and the current owner has added an additional bedroom and full bathroom to enhance comfort and flexibility. The lower level features two separate suites, providing excellent mortgage-helper potential. With approximate rental income of $8,000 per month, RF zoning, and the opportunity to build a future 3-storey home (buyer to verify with the City), this property is ideal for families, investors, or those looking for long-term value!
How this price compares
This lot asks $178 per square foot of lot. That is 19% above the median of $150 across the 529 active lots VanPlex is showing in Surrey, and puts it 383 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
- $1,399,999
- Lot size
- 7,865 sqft
- Lot dimensions
- 121 x
- Frontage
- 121 ft
- Bedrooms
- 8
- Bathrooms
- 4
- Year built
- 1962
- MLS® area
- Royal Heights
- MLS® number
- R3094946
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Listing data via MLS®. Displayed for information only.