10165 173 STREET, Surrey
$4,800,000
This 50,109 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.
Exciting opportunity to acquire a 5-lot subdivision with Preliminary Layout Approval (PLA) in place. The proposed subdivision includes 2 R-2 lots and 3 R-3 lots. All services are available at the property line, offering a smooth transition for development. The seller is actively working toward securing 4th reading. This property is ideally located in a sought-after area, with close proximity to Highway 1, public schools, and essential amenities. Contact us today for more information.
How this price compares
This lot asks $96 per square foot of lot. That is 35% below the median of $148 across the 505 active lots VanPlex is showing in Surrey, and puts it 106 of 505 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
- $4,800,000
- Lot size
- 50,109 sqft
- Lot dimensions
- 165.94 x (1.15AC)
- Frontage
- 165.94 ft
- Bedrooms
- 4
- Bathrooms
- 3
- Year built
- 1978
- MLS® area
- Fleetwood Tynehead
- MLS® number
- R3158882
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Listing data via MLS®. Displayed for information only.