13565 67 AVENUE, Surrey
$979,000
This 5,185 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.
A rare opportunity in a highly convenient Surrey location! This 3-bedroom home sits on a 5,185 sq.ft. R3-zoned lot with approximately 63 ft of frontage. Located within a Frequent Bus Stop Area Eligible Lot, the property offers exciting future redevelopment potential for up to 6 dwelling units under Surrey’s SSMUH regulations, subject to City requirements and approvals. Hold, renovate, rent, or explore future development possibilities. Conveniently located near transit, schools, parks, shopping and everyday amenities. An excellent opportunity for homeowners, investors and builders looking for long-term potential in an established neighbourhood. Buyer to verify development potential with the City of Surrey.
How this price compares
This lot asks $189 per square foot of lot. That is 30% above the median of $146 across the 496 active lots VanPlex is showing in Surrey, and puts it 410 of 496 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
- $979,000
- Lot size
- 5,185 sqft
- Lot dimensions
- 63.19 x
- Frontage
- 63.19 ft
- Bedrooms
- 3
- Bathrooms
- 1
- Year built
- 1979
- MLS® area
- West Newton
- MLS® number
- R3174409
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Listing data via MLS®. Displayed for information only.