11546 SURREY ROAD, Surrey
$975,000
This 6,605 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.
Opportunity knocks in this North Surrey property on a 6,600+ sq. ft. Urban-zoned lot in an area seeing significant redevelopment. Surrounded by newer duplex and multi-unit projects, this property offers excellent future potential for builders, investors, or buyers looking to hold while planning their next move. The existing home offers 3 bedrooms and nearly 1,800 sq. ft. of living space, making it a great option to renovate, rent, or live in while exploring future possibilities. Enjoy beautiful views of the iconic Port Mann Bridge plus quick access to Guildford Town Centre, Central City, schools, parks, recreation, and major commuter routes. A rare opportunity priced under $1 million. Buyers should verify development potential with City of Surrey. Click Virtual Tour URL for full video.
How this price compares
This lot asks $148 per square foot of lot. That is about the same as the median of $148 across the 515 active lots VanPlex is showing in Surrey, and puts it 253 of 515 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
- $975,000
- Lot size
- 6,605 sqft
- Lot dimensions
- 175.43 x
- Frontage
- 175.43 ft
- Bedrooms
- 3
- Bathrooms
- 1
- Year built
- 1978
- MLS® area
- Bolivar Heights
- MLS® number
- R3150792
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Listing data via MLS®. Displayed for information only.