9947 116A STREET, Surrey
$1,199,000
This 17,768 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.
Centrally located 2,700 sq ft basement entry home situated on an 17,768 sq ft lot with mountain and city views. This property offers 5 bedrooms and 3 bathrooms. The upper floor features 3 large bedrooms, a generous kitchen with eating nook, spacious living room with fireplace, and a large sundeck. The lower level provides additional living space with 2 bedrooms, a full bathroom and large living area with gas fireplace. Double carport with plenty of additional parking. Convenient location close to schools, transit, shopping and easy access to Scott Road SkyTrain.
How this price compares
This lot asks $67 per square foot of lot. That is 55% below the median of $148 across the 505 active lots VanPlex is showing in Surrey, and puts it 66 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
- $1,199,000
- Lot size
- 17,768 sqft
- Lot dimensions
- 97 x
- Frontage
- 97 ft
- Bedrooms
- 5
- Bathrooms
- 3
- Year built
- 1968
- MLS® area
- Royal Heights
- MLS® number
- R3161386
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Listing data via MLS®. Displayed for information only.