12585 100 AVENUE, Surrey
$988,000
This 8,000 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.
DEVELOPERS, BUILDERS AND INVESTORS, TAKE NOTE. Generous CD zoned property across from Robson Park with potential for duplex, triplex or fourplex style housing, subject to City approval. Ideal for multigenerational living, resale or as a holding property. Massive detached garage approx 32' x 14' with a 13 ft high door, perfect for boats, oversized vehicles, storage or workshop use. The existing 5 bed, 2 bath home features hardwood floors and a roof approx 2 years old. Enjoy playgrounds, walking paths, soccer fields, tennis and pickleball at Robson Park, plus shopping, transit, Surrey Central and everyday amenities nearby. Buyer to verify development potential with City of Surrey.
How this price compares
This lot asks $124 per square foot of lot. That is 14% below the median of $144 across the 474 active lots VanPlex is showing in Surrey, and puts it 167 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
- $988,000
- Lot size
- 8,000 sqft
- Lot dimensions
- 125 x
- Frontage
- 125 ft
- Bedrooms
- 5
- Bathrooms
- 2
- Year built
- 1956
- MLS® area
- Cedar Hills
- MLS® number
- R3175966
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Listing data via MLS®. Displayed for information only.