14373 115 AVENUE, Surrey
$1,178,000
This 17,303 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 prime location! This spacious 3,531 sq. ft. home sits on a massive 0.4-acre lot of approximately 18,000 sq. ft., offering potential for a 3-lot subdivision, subject to City approval. Featuring approximately 125 ft. frontage x 138 ft. depth, this corner property offers excellent flexibility with 6 bedrooms and 3 bathrooms, including a 3-bedroom upper unit and a 3-bedroom lower unit, plus potential for an additional side suite. Enjoy convenient side-lane access, tons of parking at both the front and rear, and a detached 2-car garage with loft space for added storage or flexible use. An exceptional opportunity for investors, developers, builders, or large families seeking substantial land, multiple living options, and future development potential.
How this price compares
This lot asks $68 per square foot of lot. That is 54% below the median of $147 across the 495 active lots VanPlex is showing in Surrey, and puts it 68 of 495 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
- $1,178,000
- Lot size
- 17,303 sqft
- Lot dimensions
- 125 x
- Frontage
- 125 ft
- Bedrooms
- 5
- Bathrooms
- 3
- Year built
- 1969
- MLS® area
- Bolivar Heights
- MLS® number
- R3171059
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Listing data via MLS®. Displayed for information only.