12842 98A AVENUE, Surrey

$1,148,888

This 12,696 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.

This impressive property sits on over 12,500 sq ft lot providing endless possibilities for families, investors, or hobbyists. . This classic home features timeless character, including hardwood floors with inlay details in the main living area. Very easy to make a suite. A rare opportunity to own a spacious property with charm, potential, and plenty of room to expand at a reasonable price. A must-buy home.

How this price compares

This lot asks $90 per square foot of lot. That is 39% below the median of $148 across the 515 active lots VanPlex is showing in Surrey, and puts it 103 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
$1,148,888
Lot size
12,696 sqft
Lot dimensions
79 x 158
Frontage
79 ft
Bedrooms
4
Bathrooms
2
Year built
1958
MLS® area
Cedar Hills
MLS® number
R3153757

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Listing data via MLS®. Displayed for information only.