8403 ARBOUR PLACE, Surrey

$1,159,000

This 6,103 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 8403 Arbour Avenue in North Delta, a spacious and well-maintained 6-bedroom, 2.5-bathroom home perfect for growing families. The bright upper level offers 3 generous bedrooms and comfortable living areas, while the legal 3-bedroom suite below with separate entry is ideal for extended family or a strong mortgage helper. Recent updates include fresh paint, newer carpet, and waterproof laminate flooring downstairs. Enjoy the sundeck with updated railings and a private backyard for kids and gatherings. Conveniently located near Brooks Elementary and Sands Secondary School.

How this price compares

This lot asks $190 per square foot of lot. That is 28% above the median of $148 across the 515 active lots VanPlex is showing in Surrey, and puts it 416 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
$1,159,000
Lot size
6,103 sqft
Lot dimensions
41.5 x
Frontage
41.5 ft
Bedrooms
6
Bathrooms
3
Year built
1976
MLS® area
Nordel
MLS® number
R3095308

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.