10566 138 STREET, Surrey
$2,500,000
This 7,891 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.
Exceptional development opportunity in the heart of Surrey City Centre! This 5-bedroom, 2-bathroom home sits on a 7891 sq ft lot. Designated 6-storey land assembly area with up to 2.5 FAR potential. Just minutes from Gateway & Surrey Central SkyTrain Stations, SFU Campus, City Hall, T&T, Walmart, Central City Mall, and more. Easy access to King George Blvd, Fraser Hwy & Hwy 1. An ideal investment for future growth--perfectly positioned in a rapidly transforming urban hub!
How this price compares
This lot asks $317 per square foot of lot. That is 114% above the median of $148 across the 505 active lots VanPlex is showing in Surrey, and puts it 486 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
- $2,500,000
- Lot size
- 7,891 sqft
- Lot dimensions
- 60 x 130
- Frontage
- 60 ft
- Bedrooms
- 5
- Bathrooms
- 2
- Year built
- 1953
- MLS® area
- Whalley
- MLS® number
- R3155424
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Listing data via MLS®. Displayed for information only.