11055 ORIOLE DRIVE, Surrey

$1,199,999

This 7,539 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.

BEAUTIFULLY RENOVATED RANCHER! This 5 Bedroom, 3 Bathroom home sits on a prime rectangular 7,500+ SQFT lot with NO EASEMENTS. Bright, functional layout with modern finishes, spacious living areas and flexible space for a growing or extended family. Excellent future potential with possible DUPLEX redevelopment - LIVE NOW, BUILD LATER! Buyer to confirm with City of Surrey. Great location near Highway 1, Port Mann Bridge, King George Blvd, Guildford, Surrey City Centre, SkyTrain, schools, parks and shopping.

How this price compares

This lot asks $159 per square foot of lot. That is 8% above the median of $147 across the 495 active lots VanPlex is showing in Surrey, and puts it 298 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
$1,199,999
Lot size
7,539 sqft
Lot dimensions
65 x
Frontage
65 ft
Bedrooms
5
Bathrooms
3
Year built
1958
MLS® area
Bolivar Heights
MLS® number
R3170092

Want the PlexScore and return on equity for this lot? Try PlexPro free for 14 days. Cancel before day 14 and you pay nothing.

Listing data via MLS®. Displayed for information only.