14032 GROSVENOR ROAD, Surrey
$1,149,000
This 11,220 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.
Located on a massive 11,220+ sq ft lot (66 x 170) with convenient back lane access, this prime property is ideal for builders, developers, and savvy investors. With new zoning supporting Small-Scale Multi-Unit Housing (buyer to verify with City), the lot offers strong potential for multi-family development or future land assembly. The updated home features 4 bedrooms, 2 bathrooms, a modern kitchen with large island, stainless steel appliances, and a sun-filled south-facing backyard perfect for entertaining. Just 5 minutes to Surrey Central SkyTrain, SFU, shopping, and close to James Ardiel Elementary, École Kwantlen Park Secondary, and Surrey Traditional.
How this price compares
This lot asks $102 per square foot of lot. That is 31% below the median of $148 across the 515 active lots VanPlex is showing in Surrey, and puts it 123 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
- $1,149,000
- Lot size
- 11,220 sqft
- Lot dimensions
- 65 x
- Frontage
- 65 ft
- Bedrooms
- 4
- Bathrooms
- 2
- Year built
- 1956
- MLS® area
- Bolivar Heights
- MLS® number
- R3148035
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Listing data via MLS®. Displayed for information only.