158 172 STREET, Surrey
$1,199,606
This 8,334 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 unique opportunity to own in the heart of the community of PACIFIC DOUGLAS, prominently situated on the southeast corner of 172nd Street and 2nd Avenue, minutes from the USA border. The properties are designated "Urban" in the Official Community Plan (OCP) and "Commercial/Residential" in the Douglas NCP, which is intended to support a small neighborhood-oriented, commercial node providing street-oriented commercial services with apartment units above. HOLD OR DEVELOP in strategic Pacific Douglas. The neighbor properties (186, [contact removed] Street) is also for sale - a great chance to purchase together and land assemble a rare opportunity! All measurements are approximate, buyer or buyer's agent to verify.
How this price compares
This lot asks $144 per square foot of lot. That is about the same as the median of $144 across the 474 active lots VanPlex is showing in Surrey, and puts it 238 of 474 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
- $1,199,606
- Lot size
- 8,334 sqft
- Lot dimensions
- 66.3 x 125
- Frontage
- 66.3 ft
- Bedrooms
- 3
- Bathrooms
- 2
- Year built
- 1953
- MLS® area
- Pacific Douglas
- MLS® number
- R3179150
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Listing data via MLS®. Displayed for information only.