5845 124 STREET, Surrey
$1,374,785
This 9,642 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.
Excellent opportunity on a large 9,642 sq. ft. lot with approximately 68 feet of frontage and convenient rear lane access. This 4-bedroom, 2-bathroom home is a great option for families, investors, builders, or those looking to hold for future potential. The generous lot, wide frontage, and lane access offer plenty of possibilities. Conveniently located with easy access to Highway 10 and Highway 99, providing excellent connections throughout Surrey, Delta, and the Lower Mainland. A solid opportunity to own a substantial property in an established neighbourhood. Buyers to verify zoning, development potential, and building requirements with the City of Surrey. Call today!!
How this price compares
This lot asks $143 per square foot of lot. That is 4% below the median of $148 across the 505 active lots VanPlex is showing in Surrey, and puts it 226 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
- $1,374,785
- Lot size
- 9,642 sqft
- Lot dimensions
- 68 x 140
- Frontage
- 68 ft
- Bedrooms
- 4
- Bathrooms
- 2
- Year built
- 1958
- MLS® area
- West Newton
- MLS® number
- R3154357
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Listing data via MLS®. Displayed for information only.