8632 152 STREET, Surrey
$1,989,000
This 12,562 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.
TOA-designated LAND ASSEMBLY steps from the future 152 St SkyTrain Station on Fraser Hwy, Fleetwood. 3 properties available, potential 4th, combining for over an acre (+/-47500 SF), a prime corner with 3 road frontages and easy access, incl. est. 285 ft on 152 St. Mid-to-high rise potential from 3.0 FSR, with 140,000 SF minimum buildable (these figures are estimates only; consult/verify with CoS, engineer, and architect). Benefits from BC Transit-Oriented Areas legislation: mandated min. densities/heights, no residential parking minimums. Within Surrey's Fleetwood Plan. Existing home generates solid holding income while you carry through planning/permits. Rare chance to assemble and build ahead of Surrey's next major transit hub. Call listing agent for the full assembly package.
How this price compares
This lot asks $158 per square foot of lot. That is 7% above the median of $148 across the 505 active lots VanPlex is showing in Surrey, and puts it 289 of 505 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
- $1,989,000
- Lot size
- 12,562 sqft
- Lot dimensions
- 70 x
- Frontage
- 70 ft
- Bedrooms
- 5
- Bathrooms
- 3
- Year built
- 1938
- MLS® area
- Fleetwood Tynehead
- MLS® number
- R3155040
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Listing data via MLS®. Displayed for information only.