13022 101 AVENUE, Surrey
$1,199,000
This 7,534 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.
Investor alert! First time on the market in 34 years, this corner lot with laneway access offers excellent holding potential. Featuring a detached shop, an abundance of parking, a 4-year-old roof, and both upper and lower-level entrances, the property provides flexibility for investors looking to hold while exploring future development opportunities. Explore your options under Surrey’s SSMUH zoning and see if you can turn this long-standing family home into much more!
How this price compares
This lot asks $159 per square foot of lot. That is 7% above the median of $148 across the 505 active lots VanPlex is showing in Surrey, and puts it 292 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
- $1,199,000
- Lot size
- 7,534 sqft
- Lot dimensions
- 67.98 x
- Frontage
- 67.98 ft
- Bedrooms
- 4
- Bathrooms
- 2
- Year built
- 1954
- MLS® area
- Cedar Hills
- MLS® number
- R3156849
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Listing data via MLS®. Displayed for information only.