15032 SWALLOW DRIVE, Surrey

$999,000

This 7,176 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.

INVESTORS ALERT!!! Just minutes from Hwy 1 and Guildford Town Centre! This spacious property offers 6 bedrooms and 3 bathrooms on a 7,176 sq. ft. rectangular lot, making it ideal for families, investors, or those looking to customize their dream home. The upper level currently features a rented 3-bedroom, 2-bathroom living area, while the lower level includes a 2-bed & Bachelors suite as mortgage helper with a separate entrance. There is also an additional unfinished 1,033 sq. ft. space that offers potential for future development(Confirm with city of Surrey). Conveniently located just minutes from Guildford Pool, Library, shopping, transit, and SkyTrain, this home provides easy access to a wide range of amenities. A Must see.......

How this price compares

This lot asks $139 per square foot of lot. That is 6% below the median of $148 across the 505 active lots VanPlex is showing in Surrey, and puts it 211 of 505 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
$999,000
Lot size
7,176 sqft
Lot dimensions
60 x 119.60
Frontage
60 ft
Bedrooms
6
Bathrooms
4
Year built
1960
MLS® area
Bolivar Heights
MLS® number
R3158031

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Listing data via MLS®. Displayed for information only.