12587 113 AVENUE, Surrey
$960,000
This 8,009 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.
Welcome to this well-maintained rancher on an exceptional 8,009 sq. ft. flat, fully fenced lot in the rapidly evolving Bridgeview neighbourhood. Ideal for builders, investors, renovators or those looking to hold, rent or build a custom home. The home was completely rebuilt to the studs in 2009 with new insulation, drywall and double-pane windows. Updates include a new furnace (2025, extended warranty) and hot water tank (2024). Enjoy fruit trees (apple, pear & cherry), a 6’x6’ greenhouse and nearby Bridgeview Park with baseball, cricket, tennis/pickleball, basketball, splash park & playground. Minutes to schools, daycare, North Surrey Sport & Ice Complex, Scott Road SkyTrain, shopping and major routes.
How this price compares
This lot asks $120 per square foot of lot. That is 19% below the median of $148 across the 515 active lots VanPlex is showing in Surrey, and puts it 161 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
- $960,000
- Lot size
- 8,009 sqft
- Lot dimensions
- 66 x 30.18
- Frontage
- 66 ft
- Bedrooms
- 2
- Bathrooms
- 1
- Year built
- 1956
- MLS® area
- Bridgeview
- MLS® number
- R3143333
Want the PlexScore and return on equity for this lot? Try PlexPro free for 14 days. Cancel before day 14 and you pay nothing.
Listing data via MLS®. Displayed for information only.