6129 126 STREET, Surrey

$1,549,000

This 20,010 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.

Subdividable Property over 20,000 Sq Feet 118 Ft wide development lot in Panorama ridge Large 10 bedroom & 6 bathroom home walking distance to schools and parks. Close to hwy with easy access. A extra large shop and huge outdoor parking for many cars. Private lot surrounded by mature hedges. A fantastic opportunity to build two a large new home or redevelop. 5 bedroom and 3 bathroom upstairs and 2 suites 2 bedroom each downstairs plus another 18x12 Bachelor suite. Almost 40 x 20 sed on the side rented separately.

How this price compares

This lot asks $77 per square foot of lot. That is 47% below the median of $147 across the 495 active lots VanPlex is showing in Surrey, and puts it 92 of 495 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
$1,549,000
Lot size
20,010 sqft
Lot dimensions
118 x 180
Frontage
118 ft
Bedrooms
8
Bathrooms
7
Year built
1950
MLS® area
Panorama Ridge
MLS® number
R3170512

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Listing data via MLS®. Displayed for information only.