9358 184 STREET, Surrey
$2,799,888
This 43,876 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.
Exceptional opportunity to acquire a flat and usable 1.01-acre property in the highly desirable Port Kells area. Designated for future industrial development, this property offers outstanding long-term investment potential. The existing 2,422 sq. ft. home features 3 bedrooms, 1 bathroom, and a full unfinished basement, ideal for rental income or owner occupancy while you hold for the future. Double garage with ample parking for vehicles and equipment. Minutes to Highway 1, Highway 17, Golden Ears Way and Fraser Highway. The neighbouring property to the south has a Temporary Use Permit (TUP) application with the City for truck parking. Buyers to verify future development potential, land use and TUP opportunities with the City of Surrey.
How this price compares
This lot asks $64 per square foot of lot. That is 57% below the median of $148 across the 515 active lots VanPlex is showing in Surrey, and puts it 61 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
- $2,799,888
- Lot size
- 43,876 sqft
- Lot dimensions
- 178.64 x 246(1.01AC)
- Frontage
- 178.64 ft
- Bedrooms
- 3
- Bathrooms
- 1
- Year built
- 1966
- MLS® area
- Port Kells
- MLS® number
- R3149095
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Listing data via MLS®. Displayed for information only.