5870 184A STREET, Surrey

$899,900

This 6,202 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.

BUILD OR INVEST IN CLOVERDALE! Value is primarily in the land for this prime 6,200+ sq ft lot featuring RS3 Zoning. Located on a quiet, family friendly street in the heart of Cloverdale, this property offers exceptional convenience. Walking distance to local parks, transit, and top rated schools including Hillcrest Elementary and Ecole Salish Secondary. Minutes away from Historic Cloverdale Town Centre, Cloverdale Recreation Centre, shopping, dining, and easy access to major commuter routes (Hwy 10, Hwy 15 and Fraser Hwy). Property suffered significant fire damage and is being sold "As Is, Where Is" via Court Order. Excellent opportunity for builders, investors, or custom home creators!

How this price compares

This lot asks $145 per square foot of lot. That is 2% below the median of $148 across the 505 active lots VanPlex is showing in Surrey, and puts it 238 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
$899,900
Lot size
6,202 sqft
Lot dimensions
57 x 108
Frontage
57 ft
Bedrooms
4
Bathrooms
3
Year built
1979
MLS® area
Cloverdale BC
MLS® number
R3157031

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Listing data via MLS®. Displayed for information only.