11831 96 AVENUE, Surrey
$1,145,000
This 8,595 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 & INVESTOR ALERT! ?? Rare 8,550 sq ft flat lot in Royal Heights optimized for up to a 6-unit multiplex under BC’s SSMUH bylaws Property is within the Frequent Bus Stop Area.. The existing 6-bed, 3-bath home provides excellent holding income while you secure building plans. Prime location just 300m from Royal Heights Elementary and steps to frequent transit corridors. Secure your next high-ROI project today!
How this price compares
This lot asks $133 per square foot of lot. That is 10% below the median of $148 across the 505 active lots VanPlex is showing in Surrey, and puts it 185 of 505 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
- $1,145,000
- Lot size
- 8,595 sqft
- Lot dimensions
- 50 x 171.8
- Frontage
- 50 ft
- Bedrooms
- 6
- Bathrooms
- 3
- Year built
- 1944
- MLS® area
- Royal Heights
- MLS® number
- R3159057
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Listing data via MLS®. Displayed for information only.