9762 116 STREET, Surrey
$1,099,900
This 7,920 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.
AMAZING HOME! Multigenerational living on a flat corner lot, fully fenced with T H R E E separate living quarters lovingly care for! Thousands spent in upgrades including newer vinyl siding, newer windows, newer laminate flooring, updated pot lighting and crown mouldings. Bright oak kitchen with newer stainless steel appliances and gas stove. Approx. 20-year-old roof, 6-year-old hot water tank and 6’ x 18’ shed. Excellent income potential! Garage could easily be opened up to expand the basement suite and create a spacious 3-bedroom suite. Fantastic opportunity for extended family, investors or buyers looking for multiple income streams. Close to schools, transit and shopping! Move in and Enjoy. Presentation of offers August 18, 2026 at 3pm.
How this price compares
This lot asks $139 per square foot of lot. That is 6% below the median of $148 across the 505 active lots VanPlex is showing in Surrey, and puts it 208 of 505 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
- $1,099,900
- Lot size
- 7,920 sqft
- Lot dimensions
- 65 x
- Frontage
- 65 ft
- Bedrooms
- 6
- Bathrooms
- 4
- Year built
- 1958
- MLS® area
- Royal Heights
- MLS® number
- R3153507
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Listing data via MLS®. Displayed for information only.