11160 135A STREET, Surrey

$1,098,000

This 8,812 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.

BUILDER & DEVELOPER ALERT! An excellent opportunity in the sought-after neighbourhood of Oliver Heights in North Surrey! This 44-year-old home offers an exciting opportunity for builders, investors, or buyers looking to create their dream home. Build a beautiful new residence in an established residential neighbourhood with convenient access to schools, parks, shopping, and major commuter routes. Bring your vision and explore the possibilities this property has to offer. A great opportunity to invest in the future!

How this price compares

This lot asks $125 per square foot of lot. That is 13% below the median of $144 across the 474 active lots VanPlex is showing in Surrey, and puts it 170 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
$1,098,000
Lot size
8,812 sqft
Lot dimensions
63 x 139
Frontage
63 ft
Bedrooms
4
Bathrooms
1
Year built
1953
MLS® area
Bolivar Heights
MLS® number
R3174042

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Listing data via MLS®. Displayed for information only.