12729 114A AVENUE, Surrey

$899,900

This 5,012 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.

Prime location near Scott Road Station! This property features a main home with 2 suites for mortgage helper. Walking distance to transit, schools, and parks. Zoned R3. Don’t miss out—this opportunity won’t last long! Call now to book your showing. Offers as they come.

How this price compares

This lot asks $180 per square foot of lot. That is 25% above the median of $144 across the 474 active lots VanPlex is showing in Surrey, and puts it 367 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
$899,900
Lot size
5,012 sqft
Lot dimensions
50 x
Frontage
50 ft
Bedrooms
3
Bathrooms
3
Year built
1949
MLS® area
Bridgeview
MLS® number
R3180643

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.