5636 120 STREET, Surrey

$1,799,000

This 19,200 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.

This stunning residence is beautifully situated on a rare, expansive lot, offering an unparalleled blend of elegant approx 4000 sq ft indoor living and massive19200 sqft lot home has been well maintained by the owners .The main floor features large living/dinning area with hardwood floors,gas fireplace,large kitchen and 4 bedrooms 3 bathrooms .The Master Room has full en-suite and access to glassed solarium usable year around. The lower floor features a huge wet bar and good size family area with fireplace for family entertainment . This house also comes with 2 bed 2 bath suite,with kitchen can be used as in-law suit or as a good mortgage helper . Potential of subdivision check with city of surrey regarding new zoning laws..****OPEN HOUSE SEP 26th & 27th TH 2:00 PM TO 4:00 PM****

How this price compares

This lot asks $94 per square foot of lot. That is 37% below the median of $148 across the 515 active lots VanPlex is showing in Surrey, and puts it 108 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
$1,799,000
Lot size
19,200 sqft
Lot dimensions
120 x 160
Frontage
120 ft
Bedrooms
6
Bathrooms
5
Year built
1960
MLS® area
Panorama Ridge
MLS® number
R3164391

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Listing data via MLS®. Displayed for information only.