8625 144A STREET, Surrey
$1,199,900
This 8,402 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.
Amazing 8402 sq ft holding property with lane access to either move into right away or rent out until you build a Fourplex with each unit having six bedrooms, four bathrooms including 2 bedroom and 1 bathroom in basement with separate entrance and lane access. 2 other identical properties on the street have already started the process. This property has great value to rent while you go through the permitting process. We have example building plans to give you an idea of what can be built on the property. Please confirm with city if any questions or concerns.
How this price compares
This lot asks $143 per square foot of lot. That is 4% below the median of $148 across the 515 active lots VanPlex is showing in Surrey, and puts it 239 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
- $1,199,900
- Lot size
- 8,402 sqft
- Lot dimensions
- 70 x 120
- Frontage
- 70 ft
- Bedrooms
- 3
- Bathrooms
- 1
- Year built
- 1960
- MLS® area
- Bear Creek Green Timbers
- MLS® number
- R3166237
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Listing data via MLS®. Displayed for information only.