10256 143A STREET, Surrey

$1,199,900

This 7,440 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.

Attention investors and builders! Rare opportunity to own a flat, rectangular lot with back lane access in a wall-established and convenient Surrey neighborhood. This property offers excellent potential for future development or holding investment. Ideally located in a central area close to all amenities, yet tucked away on a quiet abd family-friendly street-enjoy the best of both worlds. Surrounded by schools, parks, shopping, and transit, with easy access to major routes.

How this price compares

This lot asks $161 per square foot of lot. That is 9% above the median of $148 across the 515 active lots VanPlex is showing in Surrey, and puts it 319 of 515 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
$1,199,900
Lot size
7,440 sqft
Lot dimensions
62 x
Frontage
62 ft
Bedrooms
3
Bathrooms
2
Year built
1976
MLS® area
Whalley
MLS® number
R3166166

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Listing data via MLS®. Displayed for information only.