14995 108 AVENUE, Surrey

$849,000

This 7,188 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.

Opportunity awaits on this 7,188 sq. ft. R3-zoned lot in a convenient Bolivar Heights location! Explore future small-scale multi-unit housing (SSMUH) potential (to verify with the City of Surrey). This 4 BED, 2 BATH rancher offers comfortable single-level living with updates. An excellent opportunity for homeowners, investors and builders alike. Rear lane access provides plenty of parking, while the detached shed/workshop is ideal for storage, hobbies or projects. Conveniently located near Holly Elementary, Guildford Park Secondary, Guildford Town Centre, and Guildford Recreation Centre. Enjoy nearby shopping, restaurants and everyday conveniences, with transit close by and easy access to major routes for commuting!

How this price compares

This lot asks $118 per square foot of lot. That is 20% below the median of $148 across the 515 active lots VanPlex is showing in Surrey, and puts it 157 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
$849,000
Lot size
7,188 sqft
Lot dimensions
67.77 x 106.30
Frontage
67.77 ft
Bedrooms
4
Bathrooms
2
Year built
1970
MLS® area
Bolivar Heights
MLS® number
R3167291

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Listing data via MLS®. Displayed for information only.