7030 130 STREET, Surrey
$1,299,000
This 8,569 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.
Exceptional development/holding opportunity, big 8569 sq. ft. lot rectangular lot located in central area of West Newton. Live in, Build your dream home or Hold as rental property for now. 3 bedrooms & full bath rancher offering excellent rental income. R3 zoning allows single family home with 2 suites or Duplex with legal suite on each side.
How this price compares
This lot asks $152 per square foot of lot. That is 2% above the median of $148 across the 515 active lots VanPlex is showing in Surrey, and puts it 272 of 515 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
- $1,299,000
- Lot size
- 8,569 sqft
- Lot dimensions
- 77 x 112
- Frontage
- 77 ft
- Bedrooms
- 3
- Bathrooms
- 1
- Year built
- 1977
- MLS® area
- West Newton
- MLS® number
- R3120044
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Listing data via MLS®. Displayed for information only.