12564 25 AVENUE, Surrey
$1,599,000
This 17,772 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.
BUILDERS ALERT! PRIME DEVELOPMENT OPPORTUNITY! This lovingly maintained 3 Bed / 2 Bath Rancher is situated on a 17,772sf (0.4 ACRE) SUB-DIVIDABLE lot in Crescent Beach. Build your dream home or apply for duplex / multiplex under R3 Zoning. Rental income while you await permits.
How this price compares
This lot asks $90 per square foot of lot. That is 39% below the median of $147 across the 495 active lots VanPlex is showing in Surrey, and puts it 106 of 495 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
- $1,599,000
- Lot size
- 17,772 sqft
- Lot dimensions
- 99.94 x 199 IRR
- Frontage
- 99.94 ft
- Bedrooms
- 3
- Bathrooms
- 2
- Year built
- 1961
- MLS® area
- Crescent Bch Ocean Pk.
- MLS® number
- R3172990
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Listing data via MLS®. Displayed for information only.