Exceptional development/holding opportunity in a highly sought-after location! This beautiful 7,600+ square foot corner lot (115 feet frontage on 78 Avenue & 66 feet on 124 Street) is zoned R3, allowing for a FOURPLEX or DUPLEX with 2 legal suites – the perfect site for your next project or investment. The property currently features a 3-bedroom rancher, offering excellent rental income potential during planning and permitting. Bus stop is right next to the property (Bus #329 – direct to Surrey Central Station), and Strawberry Hill Elementary is just 1 block away – a fantastic location for families and commuters alike.
Property Type:
Residential
Dwelling Type:
Single Family Residence
Home Style:
Rancher/Bungalow, One Level
Ownership:
Freehold NonStrata
Year built:
1958
(Age: 67)
Living Area:
1,445 sq. ft.134 m2
Building Area - Total:
1,445 sq. ft.134 m2
Levels:
One
Bedrooms:
3
(Above Grd: 3)
Bathrooms:
1.0
(Full:1/Half:0)
Taxes:
$4,911.92 /
2025
Lot Area:
7,677 sq. ft.713 m2
Lot Frontage:
115'8"35.3 m
Lot Details:
115.65 x
Plan:
18042
Construction Materials:
Frame Wood, Vinyl Siding
No. Floor Levels:
1.0
Other Structures:
Shed(s)
Floor Area Fin - Above Main:
0 sq. ft.0 m2
Floor Area Fin - Above Main 2:
0 sq. ft.0 m2
Floor Area Fin - Main:
1,445 sq. ft.134 m2
Floor Area Fin - Total:
1,445 sq. ft.134 m2
Patio And Porch Features:
Patio
Parking Features:
Additional Parking, Open, RV Access/Parking, Front Access
Parking:
Additional Parking, Open, RV Access/Parking
Parking Total/Covered:
8 / 0
Storage
Laundry In Unit, Storage
Shopping Nearby
1
Other Structures - Shed(s), Window Coverings
Dishwasher, Refrigerator, Laundry In Unit, Storage
Listed by Coldwell Banker Universe Realty and Century 21 Coastal Realty Ltd.
Data was last updated October 5, 2025 at 02:40 AM (UTC)
Area Statistics
Listings on market:
272
Avg list price:
$902,450
Min list price:
$235,000
Max list price:
$3,250,000
Avg days on market:
61
Min days on market:
1
Max days on market:
548
Avg price per sq.ft.:
$540.52
These statistics are generated based on the current listing's property type
and located in
West Newton. Average values are
derived using median calculations. This data is not produced by the MLS® system.
