11028 129A STREET, Surrey

$1,349,000

This 13,000 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.

100 feet wide & HUGE 13,000 SQUARE FOOT LOT! Enjoy premium views of New West City, mountains, and water! Property features TWO garages and a 3 bedroom suite as a potential mortgage helper. House is in amazing condition with both updated kitchens, solid floors, and huge bedrooms. No easements or right-of-ways, clean title on a rectangular lot. Potential to subdivide or construct a multi-unit project - Buyer to verify with City. On a quiet street amongst newly built homes. Beautiful & private backyard. Centrally located close to Surrey Central, easy access to the Bridge, Hwy 17, and Scott Road Skytrain station. Rare to find properties like this! Well maintained home ready for you to move-in or a great investment opportunity.

How this price compares

This lot asks $104 per square foot of lot. That is 28% below the median of $144 across the 474 active lots VanPlex is showing in Surrey, and puts it 125 of 474 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
$1,349,000
Lot size
13,000 sqft
Lot dimensions
100 x 130
Frontage
100 ft
Bedrooms
6
Bathrooms
2
Year built
1953
MLS® area
Whalley
MLS® number
R3178037

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Listing data via MLS®. Displayed for information only.