14677 111 AVENUE, Surrey
$1,195,000
This 7,401 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.
Amazing opportunity featuring a large 7,401 sq. ft. lot with scenic mountain views. Cherished by the same owner for more than 3 decades, this well-located home sits in a highly desirable neighborhood close to schools, shopping, and public transportation. The exterior boasts two independent driveways with direct backyard access, a large detached garage equipped with an electrical sub-panel, a side storage shed, and additional storage under the sundeck. Inside, the home offers a bright and spacious two-bedroom basement suite ideal for extended family or rental income, complete with a brand-new gas fireplace and heater. Great as mortgage helper. 1 blk to elementary School. Message us today to book your private family viewing!
How this price compares
This lot asks $161 per square foot of lot. That is 9% above the median of $148 across the 515 active lots VanPlex is showing in Surrey, and puts it 322 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
- $1,195,000
- Lot size
- 7,401 sqft
- Lot dimensions
- 64 x 115
- Frontage
- 64 ft
- Bedrooms
- 4
- Bathrooms
- 2
- Year built
- 1958
- MLS® area
- Bolivar Heights
- MLS® number
- R3158158
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Listing data via MLS®. Displayed for information only.