17791 97 AVENUE, Surrey
$4,000,000
This 44,018 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.
Rarely available this one acre great investment property designated for (light Industrial) use in future development Area. This 4 Bedrooms and 2 Bathroom house on one acre land generate more than $7000 rental income for each month. This one acre property located in Port Kells and connected to all major highways HWY1, Hwy17 and Golden Ears way. Property has great potential. Please check with city of Surrey regarding Zoning an future development information. For more info call604-723-2211
How this price compares
This lot asks $91 per square foot of lot. That is 39% below the median of $148 across the 515 active lots VanPlex is showing in Surrey, and puts it 104 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
- $4,000,000
- Lot size
- 44,018 sqft
- Lot dimensions
- 165 x 305
- Frontage
- 165 ft
- Bedrooms
- 4
- Bathrooms
- 2
- Year built
- 1966
- MLS® area
- Port Kells
- MLS® number
- R3169482
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Listing data via MLS®. Displayed for information only.