10032 122 STREET, Surrey
$989,000
This 8,560 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.
Rare opportunity to secure an 8,592 SF property with 80 ft of frontage and sweeping, unobstructed mountain and New Westminster views. Whether you envision a custom-built home, duplex, or the potential of a city-approved 2-lot subdivision, this property offers exceptional flexibility and future potential. Key due diligence is already in place, including Land Survey, Geotechnical, and Arborist reports. Currently rented for $2,700/month, providing holding income while you plan your next move. Conveniently located near Robson Park, schools, shopping, restaurants, transit, Surrey City Centre, and North Surrey Sport & Ice Complex.
How this price compares
This lot asks $116 per square foot of lot. That is 21% below the median of $147 across the 495 active lots VanPlex is showing in Surrey, and puts it 155 of 495 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
- $989,000
- Lot size
- 8,560 sqft
- Lot dimensions
- 80 x 107
- Frontage
- 80 ft
- Bedrooms
- 3
- Bathrooms
- 3
- Year built
- 1959
- MLS® area
- Cedar Hills
- MLS® number
- R3172169
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Listing data via MLS®. Displayed for information only.