Investor Alert! Re-introduced to the market with a substantial price adjustment. This 7,974 sq ft property with rare side lane access sits in a neighborhood surrounded by new homes and ongoing redevelopment, The lot provides excellent flexibility for a future new build, while the existing home—though in need of some updating—remains a solid rental option for immediate income. Whether you choose to hold, rent, or build, this property delivers a smart foothold in one of East Newton’s most active redevelopment pockets. Large lot with lane access and long-term potential, make this an appealing option for investors, builders, or buyers looking to secure land in a growing area. Seller is open to reasonable offers.
Listed by Sutton Group-West Coast Realty (Surrey/24)
Data was last updated September 3, 2026 at 11:40 AM (UTC)
Area Statistics
Listings on market:
120
Avg list price:
$1,586,400
Min list price:
$460,000
Max list price:
$5,999,000
Avg days on market:
68
Min days on market:
1
Max days on market:
331
Avg price per sq.ft.:
$502.29
These statistics are generated based on the current listing's property type
and located in
Panorama Ridge. Average values are
derived using median calculations. This data is not produced by
the MLS® system.