5813 180 STREET, Surrey

$1,150,000

This 7,183 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.

Beautifully renovated split-entry home featuring a 1-bedroom basement suite with a separate entrance and laundry. This home has been extensively updated, including newer windows and roof, renovated bathrooms, and beautifully refreshed kitchens on both levels. The main kitchen features maple cabinetry, quartz countertops, pull-out drawers for pots and pans, and a gas stove. Additional highlights include crown mouldings, new upstairs blinds, an updated back porch, freshly painted exterior, and a fenced backyard. The property also offers a workshop with a concrete floor, chicken coop, and toolshed, providing plenty of space for hobbies, storage, and outdoor living.

How this price compares

This lot asks $160 per square foot of lot. That is 8% above the median of $148 across the 505 active lots VanPlex is showing in Surrey, and puts it 300 of 505 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
$1,150,000
Lot size
7,183 sqft
Lot dimensions
59.84 x 119.22
Frontage
59.84 ft
Bedrooms
4
Bathrooms
2
Year built
1973
MLS® area
Cloverdale BC
MLS® number
R3158372

Want the PlexScore and return on equity for this lot? Try PlexPro free for 14 days. Cancel before day 14 and you pay nothing.

Listing data via MLS®. Displayed for information only.