5876 180 STREET STREET, Surrey

$969,000

This 7,200 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.

Great Cloverdale location with schools, transit, shops, restaurants and parks nearby! Enjoy detached living without strata fees in this welcoming 2 bedroom rancher. Spacious living and dining rooms, generous bedrooms and a roomy kitchen offer comfortable everyday living. Engineered hardwood through the kitchen and dining area, plus stainless steel appliances. Brand new furnace and hot water tank! A large front yard and fenced backyard offer space to garden and play, while the generous covered patio is perfect for BBQs, entertaining or simply relaxing. Close to the new Surrey hospital and BC Cancer Centre under construction. An appealing option for young families, downsizers and investors, with future building possibilities to explore with the City.

How this price compares

This lot asks $135 per square foot of lot. That is 6% below the median of $144 across the 474 active lots VanPlex is showing in Surrey, and puts it 196 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
$969,000
Lot size
7,200 sqft
Lot dimensions
60 x 120
Frontage
60 ft
Bedrooms
2
Bathrooms
1
Year built
1958
MLS® area
Cloverdale BC
MLS® number
R3182013

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.