12441 113 AVENUE, Surrey

$949,000

This 7,320 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.

INVESTOR OR FIRST TIME HOME BUYER ALERT!! This beautiful well kept RENOVATED rancher in the heart of Bridgeview sitting on 7320 SF Lot, R3 Zoned. This R3 Zone is intended for small-scale multi-unit housing on urban sized lots typically 560 sq. m or larger, which may accommodate 2 or more dwelling units. Check with the city. This home features 3 Beds and 1 Bath making it the perfect home. Close to Skytrain, King George Blvd, and easy access to New-Westminster, Highway 1 & Highway 17. Make this tight-knit community your own! Inquire today.

How this price compares

This lot asks $130 per square foot of lot. That is 13% below the median of $148 across the 515 active lots VanPlex is showing in Surrey, and puts it 186 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
$949,000
Lot size
7,320 sqft
Lot dimensions
60 x 122.00
Frontage
60 ft
Bedrooms
3
Bathrooms
1
Year built
1950
MLS® area
Bridgeview
MLS® number
R3164265

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Listing data via MLS®. Displayed for information only.