12209 64 AVENUE, Surrey
$2,099,000
This 18,674 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.
Great development opportunity in West Newton! 18,674 sq. ft. corner lot measures approx. 138' x 136' and offers lane access, providing exciting potential for builders, investors, or buyers looking to create their dream home. Explore the possibilities of 2 or 3 lots, or potential commercial/residential develop. Buyers to verify all develop. options at City of Surrey. Existing large basement home offers excellent square footage and potential for a suite, renovation, or rental as a holding property while planning future development. Desirable location just a short walk to schools and Beaver Creek Park, and only 2 blocks from Scott Rd transit, shopping, and services. A rare opportunity with a large corner property, excellent access, numerous possibilities!
How this price compares
This lot asks $112 per square foot of lot. That is 22% below the median of $144 across the 474 active lots VanPlex is showing in Surrey, and puts it 142 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
- $2,099,000
- Lot size
- 18,674 sqft
- Lot dimensions
- 170.3 x 638.90
- Frontage
- 170.3 ft
- Bedrooms
- 3
- Bathrooms
- 2
- Year built
- 1967
- MLS® area
- West Newton
- MLS® number
- R3172260
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Listing data via MLS®. Displayed for information only.