11443 MCBRIDE DRIVE, Surrey
$1,199,000
This 12,192 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.
Builders investment alert -1833 sq ft 3 bd 2 bath rancher on over 12000 sq ft view lot. The home has an oversized open livingroom/kitchen area with some newer appliances and laminate flooring. Oversized master bdrm with walk out to private patio area and an oversized master ensuite with deep oversized soaker tub and separate walk in shower. 122 sq ft of frontage w/potential to subdivide. views of North Shore mountains and Fraser River. Take advantage of this location with brand new homes in the area. 3 car mechanics garage with space for work shop for the man cave. The home is well maintained with some updates over the years. 3 electrical panels. 220 volt garage.
How this price compares
This lot asks $98 per square foot of lot. That is 32% below the median of $144 across the 474 active lots VanPlex is showing in Surrey, and puts it 115 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
- $1,199,000
- Lot size
- 12,192 sqft
- Lot dimensions
- 121.78 x 85
- Frontage
- 121.78 ft
- Bedrooms
- 3
- Bathrooms
- 2
- Year built
- 1957
- MLS® area
- Bolivar Heights
- MLS® number
- R3181621
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Listing data via MLS®. Displayed for information only.