18075 20 AVE, Surrey
$2,590,000
This 43,562 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.
Future development opportunity in the highly desirable Grandview Heights community of South Surrey.This property offers potential for up to 6 units per acre, making it a strategic acquisition for builders and long-term investors. The flat, usable lot is positioned in the heart of ongoing growth, surrounded by new townhome and single-family developments. Just minutes to Grandview Corners, Costco(planned to be built in 2027) , top-rated schools. Enjoy the added lifestyle appeal of being steps to Redwood Park, This home is renovated completely in 2012 and conditions maintaining well. A short drive to the US border and Grandview Heights Aquatic Centre.Buyers to verify development potential with the City of Surrey.
How this price compares
This lot asks $59 per square foot of lot. That is 59% below the median of $144 across the 474 active lots VanPlex is showing in Surrey, and puts it 52 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
- $2,590,000
- Lot size
- 43,562 sqft
- Lot dimensions
- 218.4 x 234
- Frontage
- 218.4 ft
- Bedrooms
- 3
- Bathrooms
- 3
- Year built
- 1976
- MLS® area
- Hazelmere
- MLS® number
- R3176636
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Listing data via MLS®. Displayed for information only.