9678 PRINCESS DRIVE, Surrey

$863,550

This 7,314 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.

Royal Heights - 3 level split home with view of the Fraser River and mountains. Set on a generous 7,314 sq ft lot, this property offers 3 spacious bedrooms up and 1 full bathroom. The main floor features a bright west exposed living room, dining room, kitchen family room and solarium. The lower level includes a suite, perfect for extended family or rental income. Located close to schools, transit, South Perimeter Road, Pattullo and Alex Fraser Bridge, Hwy 91 and Skytrain. This home blends comfort with convenience in a desirable neighbourhood

How this price compares

This lot asks $118 per square foot of lot. That is 20% below the median of $148 across the 515 active lots VanPlex is showing in Surrey, and puts it 156 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
$863,550
Lot size
7,314 sqft
Lot dimensions
115 x 63
Frontage
115 ft
Bedrooms
5
Bathrooms
2
Year built
1958
MLS® area
Royal Heights
MLS® number
R3135875

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Listing data via MLS®. Displayed for information only.