12505 114 AVENUE, Surrey
$849,000
This 5,409 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 Opportunity in Bridgeview! Rancher-style home situated on a 5,409 sq. ft. flat lot, featuring a 786 sq. ft. home and a massive 1,213 sq. ft. detached garage—perfect for car enthusiasts, storage, or a workshop. Ideal for renovation, rental, holding, or future redevelopment. Steps from Bridgeview Park, Community Centre, and Bridgeview Elementary, with easy access to Highway 17, King George Boulevard, Scott Road, SkyTrain, and the North Surrey Sport & Ice Complex. Property is sold “AS IS, WHERE IS.”
How this price compares
This lot asks $157 per square foot of lot. That is 6% above the median of $148 across the 505 active lots VanPlex is showing in Surrey, and puts it 281 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
- $849,000
- Lot size
- 5,409 sqft
- Lot dimensions
- 0 x
- Frontage
- 0 ft
- Bedrooms
- 2
- Bathrooms
- 1
- Year built
- 1947
- MLS® area
- Bridgeview
- MLS® number
- R3155076
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Listing data via MLS®. Displayed for information only.