12765 22 AVENUE, Surrey
$1,599,000
This 12,719 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.
First time on the market! Fantastic location on a 12,000+ sq. ft. lot. Solid, well-built family home with excellent potential to renovate. This four-bedroom split-level home features a cozy wood-burning fireplace, spacious family room with backyard access, and hot water heating. The primary bedroom offers a 3-piece ensuite, with three bedrooms up and a fourth down. Detached garage/workshop of approximately 1,000 sq. ft. with side yard access. Located in a quiet, family-friendly neighbourhood within walking distance to schools, transit, and close to shopping.
How this price compares
This lot asks $126 per square foot of lot. That is 15% below the median of $148 across the 515 active lots VanPlex is showing in Surrey, and puts it 174 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
- $1,599,000
- Lot size
- 12,719 sqft
- Lot dimensions
- 80 x 158
- Frontage
- 80 ft
- Bedrooms
- 4
- Bathrooms
- 3
- Year built
- 1975
- MLS® area
- Crescent Bch Ocean Pk.
- MLS® number
- R3152451
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.