9761 124A STREET, Surrey
$1,299,900
This 13,853 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.
Huge lot 13853 sq ft East-Facing in Cedar Hills! Prime development opportunity in the heart of North Surrey. This flat, east-facing lot offers no easements or rights of way, maximizing your building potential. Located in the desirable Cedar Hills neighborhood, it’s just minutes from schools, shopping, and transit. Whether you're a builder or investor, this is an opportunity not to be missed, bring your offer.House with good stucture, a perfect Reno project or hold now & build.Neighbouring property also for sale.Potential for 2 to 6 dwelling units (CHECK WITH CITY)
How this price compares
This lot asks $94 per square foot of lot. That is 37% below the median of $148 across the 515 active lots VanPlex is showing in Surrey, and puts it 109 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
- $1,299,900
- Lot size
- 13,853 sqft
- Lot dimensions
- 70 x
- Frontage
- 70 ft
- Bedrooms
- 5
- Bathrooms
- 2
- Year built
- 1959
- MLS® area
- Cedar Hills
- MLS® number
- R3089408
Want the PlexScore and return on equity for this lot? Try PlexPro free for 14 days. Cancel before day 14 and you pay nothing.
Listing data via MLS®. Displayed for information only.