12882 98A AVENUE, Surrey
$1,068,000
This 7,731 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.
Tons of upgrades over the years in this immaculately kept home. Whether you are looking for your new home, an investment property, or the ideal fit to build your dream residence... this one ticks all three boxes! Wide frontage and a rectangular lot just over 7,700 square feet. Major upgrades include newer roof, windows, air conditioning, kitchen & appliances, bathrooms, flooring, paint, and repaved driveway. Fully finished basement with a separate entrance for suite potential. Prime location which offers easy access to Surrey Central, transit, schools, parks, shopping, temples, restaurants, and much more. Main road lines and drainage upgraded. Wide & quiet street with plenty of parking.
How this price compares
This lot asks $138 per square foot of lot. That is 7% below the median of $148 across the 515 active lots VanPlex is showing in Surrey, and puts it 213 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
- $1,068,000
- Lot size
- 7,731 sqft
- Lot dimensions
- 70 x 110
- Frontage
- 70 ft
- Bedrooms
- 4
- Bathrooms
- 2
- Year built
- 1958
- MLS® area
- Cedar Hills
- MLS® number
- R3162948
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Listing data via MLS®. Displayed for information only.