Prime development and investment opportunity on a 8,956 sq. ft. R3-zoned lot. Build a single-family home or duplex with garden suite, accommodating a three-level residence (two storey plus basement) with a legal basement suite. Excellent potential for multi-income revenue and long-term appreciation. Situated in a quiet, centrally located neighbourhood with close proximity to schools, shopping, transit, major highways, restaurants, recreation centres, and parks. Ideal for builders and investors seeking a versatile, ready-to-build property. Call for details.
| Structures | Land Only |
|---|
| Price | $1,199,999 |
|---|---|
| Property Type | Land |
| Ownership Type | Freehold NonStrata |
| Community Features | Near Shopping |
| Utility Type | Sanitary Sewer At Lot Line, Storm Sewer At Lot Line, Electricity At Lot Line, Natural Gas At Lot Line, Phone Nearby, Cable Available |
| Water (WaterSource) | Public |
| Lot Size | 8956 |
|---|---|
| Lot Size Depth | Feet |
| Lot Size Frontage | 77.02 |
| MLS® # | R3088045 |
| Area | Surrey |
| Neighbourhood | East Newton |
| City | Surrey |
| Postal Code | V3W 7B5 |
| Gross Taxes | $4,733.85 |
| Zoning | R3 |
Listed by: Sutton Premier Realty & Sutton Premier Realty
NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.
Public Schools
Information includes BC Government Open License data; school details change often and are offered solely as general guidance.
Private Schools
Closest Transit
Crime Rate
Demographics
Noise/ Power Lines
Other
▼ 7.77% Year-over-Year
N/A
N/A
| School | Type | Grades Served | Catchment Info | Rating | Distance |
|---|---|---|---|---|---|
| Year | Land | Improvements | Total Assessed | YOY Change |
|---|---|---|---|---|
| 2026 | $1,264,000 | $0 | $1,264,000 | — |
Based on 2 comparable active properties in East Newton, the average asking price is $1,316,666. This listing is priced 8.9% below the neighbourhood average.
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