8644 152 STREET, Surrey
$1,989,000
This 10,161 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.
INVESTORS & DEVELOPERS ALERT! Exceptional mid- to high-rise redevelopment upside as this site is part of a prime possible 6-lot land assembly situated directly within the high-density Fleetwood Town Centre Plan and a designated Transit-Oriented Area (TOA). Capitalize on a baseline 3.0+ FSR with scaling potential for an expansive high-density project (check MLS for adjacent active assembly parcels), This solid split-entry home provides excellent holding income while you plan your project, offering a 2-bedroom open main floor and a 2-bedroom basement suite with a separate entrance. Unbeatable location steps to transit and the future 152 Street SkyTrain station, with rapid access to Hwy 1, Hwy 10, local bridges, Guildford Mall, and Surrey Central
How this price compares
This lot asks $196 per square foot of lot. That is 32% above the median of $148 across the 505 active lots VanPlex is showing in Surrey, and puts it 412 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
- 10,161 sqft
- Lot dimensions
- 70 x
- Frontage
- 70 ft
- Bedrooms
- 4
- Bathrooms
- 2
- Year built
- 1975
- MLS® area
- Fleetwood Tynehead
- MLS® number
- R3155041
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Listing data via MLS®. Displayed for information only.