14790 55 AVENUE, Surrey
$1,725,000
This 23,299 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 offering in one of Surrey’s most desirable locations. This exceptional half-acre, rectangular corner lot is surrounded by mature trees and beautifully landscaped grounds, creating a private and tranquil setting. The spacious home offers flexible options to rent the upper/lower levels separately or renovate and hold. A large detached workshop/shed adds versatility. An exciting opportunity for builders seeking their next project, investors looking for long-term potential, or families ready to build the dream home. Conveniently located off Hwy 10, King George Blvd, Hwy 99, Sullivan Square Shopping and excellent school catchments. Sullivan Station continues to grow, with exciting new development enhancing the area’s appeal and future potential. Open house Oct 10 & 11, 2-4PM.
How this price compares
This lot asks $74 per square foot of lot. That is 50% below the median of $147 across the 495 active lots VanPlex is showing in Surrey, and puts it 82 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
- $1,725,000
- Lot size
- 23,299 sqft
- Lot dimensions
- 60.97 x
- Frontage
- 60.97 ft
- Bedrooms
- 4
- Bathrooms
- 3
- Year built
- 1971
- MLS® area
- Sullivan Station
- MLS® number
- R3170037
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Listing data via MLS®. Displayed for information only.