14457 110 AVENUE, Surrey

$1,499,900

This 20,006 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 solid 1960's home on a MASSIVE 20,006 square foot lot (100x200), alert all INVESTORS or DEVELOPERS. Renovate, hold or subdivide, this property is located in a quiet, established neighborhood backing onto Invergarry Park, near Ellendale Elementary and all other levels of schools. With lots of changes to area, opportunity knocks.

How this price compares

This lot asks $75 per square foot of lot. That is 49% below the median of $148 across the 515 active lots VanPlex is showing in Surrey, and puts it 84 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
$1,499,900
Lot size
20,006 sqft
Lot dimensions
100.01 x 200.03
Frontage
100.01 ft
Bedrooms
5
Bathrooms
3
Year built
1966
MLS® area
Bolivar Heights
MLS® number
R3130663

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Listing data via MLS®. Displayed for information only.