17307 58TH AVENUE, Surrey
$1,149,999
This 6,526 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.
Attention builders, developers, and investors! Prime opportunity in the heart of Cloverdale Town Centre with Small-Scale Unit Zoning under the Town Centre Plan. This two-storey home offers excellent potential to live in, rent out, hold as an investment, or explore future redevelopment opportunities. The main floor offers suite potential with the possibility of a separate entrance. Conveniently located in a vibrant and growing community close to local amenities, this property offers excellent long-term potential. Buyers are advised to verify zoning, development potential, and all details with the City of Surrey.
How this price compares
This lot asks $176 per square foot of lot. That is 19% above the median of $148 across the 515 active lots VanPlex is showing in Surrey, and puts it 375 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
- $1,149,999
- Lot size
- 6,526 sqft
- Lot dimensions
- 54.84 x 120
- Frontage
- 54.84 ft
- Bedrooms
- 3
- Bathrooms
- 2
- Year built
- 1949
- MLS® area
- Cloverdale BC
- MLS® number
- R3148199
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Listing data via MLS®. Displayed for information only.