9488 127A STREET, Surrey
$1,539,000
This 8,220 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.
Updated 6 Bed, 4 Bath Home with TWO Mortgage Helpers on a Large 8200 Sq Ft Lot -with no easements or right-of-ways! R3 Zoning -up to 6 units! Offering over 3,000 SqFt of updated living space. This property features TWO mortgage helpers (2-bedroom + 1-bedroom suites), making it a fantastic investment opportunity or ideal for multi-generational living. Enjoy complete privacy in the fully fenced backyard with a gate and back lane access & 2 handy storage sheds. Inside, you’ll find a modern open-concept kitchen with granite countertops, sleek backsplash, and stainless steel appliances. Additional updates over the include flooring, tiles, railings, blinds etc.Located in a quiet, family-friendly neighborhood just minutes from Surrey Central Mall, major bridges (Alex Fraser & Pattullo)&parks.
How this price compares
This lot asks $187 per square foot of lot. That is 26% above the median of $148 across the 515 active lots VanPlex is showing in Surrey, and puts it 407 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
- $1,539,000
- Lot size
- 8,220 sqft
- Lot dimensions
- 64 x 128.51
- Frontage
- 64 ft
- Bedrooms
- 6
- Bathrooms
- 4
- Year built
- 1973
- MLS® area
- Queen Mary Park Surrey
- MLS® number
- R3103824
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Listing data via MLS®. Displayed for information only.