7923 122A STREET, Surrey
$1,274,999
This 7,274 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.
Welcome to this RENOVATED 5 bedroom 4 bathroom family home offering great space, flexibility and excellent income potential. This ~3200 sqft home sits on a 7274 sqft lot with BACK LANE access in the heart of West Newton. Over the years the home has been updated tastefully with a BEAUTIFUL KITCHEN with quartz countertops and s/s appliances, flooring, paint, and updated bathrooms. Upstairs you have a spacious living room, and family room with three good sized bedrooms. Downstairs you have a MORTGAGE HELPER plus a guest bedroom, rec room, office and full bathroom for your use. Great holding property with DEVELOPMENT POTENTIAL. Centrally located steps away from gurudwara, schools, shopping, restaurants, transit and much more. Great opportunity, don't miss out.
How this price compares
This lot asks $175 per square foot of lot. That is 18% above the median of $148 across the 515 active lots VanPlex is showing in Surrey, and puts it 372 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
- $1,274,999
- Lot size
- 7,274 sqft
- Lot dimensions
- 60.6 x
- Frontage
- 60.6 ft
- Bedrooms
- 5
- Bathrooms
- 4
- Year built
- 1974
- MLS® area
- West Newton
- MLS® number
- R3123368
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Listing data via MLS®. Displayed for information only.