12686 20 AVENUE, Surrey

$1,895,000

This 21,780 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.

PLA APPROVED 1/2 Acre in Ocean Park. Take advantage of this rare opportunity and purchase this beautiful, flat and Southern Exposed property steps to Ocean Cliff Elementary. This property allows you to subdivide into 2 lots with 67' frontage and almost 11,000sqft each...or build your dream home on this 21,780sqft property. The current home is rentable while you complete your plans and create your masterpiece.

How this price compares

This lot asks $87 per square foot of lot. That is 41% below the median of $148 across the 505 active lots VanPlex is showing in Surrey, and puts it 93 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
$1,895,000
Lot size
21,780 sqft
Lot dimensions
134 x 167
Frontage
134 ft
Bedrooms
3
Bathrooms
2
Year built
1960
MLS® area
Crescent Bch Ocean Pk.
MLS® number
R3161634

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Listing data via MLS®. Displayed for information only.