15661 92 AVENUE, Surrey

$1,499,900

This 11,231 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.

Prime 1/4 acre property in an outstanding Fleetwood location. Featuring a spacious and very livable basement home with a legal suite, this property offers immediate rental income and holding value while you explore future redevelopment opportunities. Large lot, excellent frontage, and strong long term potential in a rapidly evolving neighborhood. Conveniently located near schools, shopping, transit, and all amenities. An exceptional opportunity for investors, builders, and future homeowners alike

How this price compares

This lot asks $134 per square foot of lot. That is 9% below the median of $147 across the 495 active lots VanPlex is showing in Surrey, and puts it 195 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
$1,499,900
Lot size
11,231 sqft
Lot dimensions
100 x 111.40
Frontage
100 ft
Bedrooms
7
Bathrooms
2
Year built
1964
MLS® area
Fleetwood Tynehead
MLS® number
R3132851

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Listing data via MLS®. Displayed for information only.