9720 TOWNLINE DIVERSION, Surrey
$1,148,000
This 7,277.54 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.
Located in the established and desirable Royal Heights neighbourhood of Surrey, this property offers an exceptional combination of SPACE, LOCATION, INCOME & FUTURE POTENTIAL. Situated on an approximately 7,200 SQ.FT. LOT, this detached home is an excellent opportunity for FIRST-TIME HOME BUYERS, INVESTORS & BUILDERS. Enjoy attractive rental income today while holding for the future, or explore the potential to build a DUPLEX or NEW DREAM HOME with amazing views. A great HOLDING PROPERTY close to schools, parks, transit, shopping and major commuter routes. Whether you choose to LIVE, RENT, HOLD OR BUILD, the possibilities are exciting. CALL US TODAY TO BOOK YOUR PRIVATE SHOWING!
How this price compares
This lot asks $158 per square foot of lot. That is 6% above the median of $148 across the 515 active lots VanPlex is showing in Surrey, and puts it 294 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
- $1,148,000
- Lot size
- 7,277.54 sqft
- Lot dimensions
- 62.49 x 116.37
- Frontage
- 62.49 ft
- Bedrooms
- 6
- Bathrooms
- 3
- Year built
- 1958
- MLS® area
- Royal Heights
- MLS® number
- R3164045
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Listing data via MLS®. Displayed for information only.