12533 99A AVENUE, Surrey
$1,249,999
This 9,257 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.
EXCELLENT DEVELOPMENT POTENTIAL! Current zoning allows for up to 4 units, offering potential for a duplex or multi-unit development. This well-maintained 4-bedroom, 2-bathroom rancher offers 1,425 sq. ft. of comfortable living space on an expansive 9,000+ sq. ft. lot in a quiet cul-de-sac. The bright kitchen offers ample storage and overlooks the private backyard, perfect for family gatherings, outdoor entertaining, and summer BBQs. Enjoy being just steps from Robson Park, featuring scenic walking trails, a pond, and tennis courts. Buyer and buyer's agent to independently verify zoning, permitted uses, development potential, and building requirements with the City.
How this price compares
This lot asks $135 per square foot of lot. That is 6% below the median of $144 across the 474 active lots VanPlex is showing in Surrey, and puts it 198 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
- $1,249,999
- Lot size
- 9,257 sqft
- Lot dimensions
- 66 x 142
- Frontage
- 66 ft
- Bedrooms
- 4
- Bathrooms
- 2
- Year built
- 1959
- MLS® area
- Cedar Hills
- MLS® number
- R3181339
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Listing data via MLS®. Displayed for information only.