Development opportunity in Crescent Heights. Side-by-side duplex at 2550-2560 124B Street on a lot with potential to subdivide. One side is vacant and uninhabitable; the other is occupied by a temporary tenant. The value here is in the land: build new, hold for the future, or redevelop. Set on a quiet, established family street in one of South Surrey's most sought-after neighbourhoods, within top school catchment and an easy walk to Crescent Beach, the waterfront, the pier, and village shops and cafes. A rare chance to secure a well-located property in a pocket where opportunities like this seldom come up. Buyer to verify subdivision potential, zoning and all measurements with the City of Surrey. Sold as is, where is. Tenanted side requires 24 hours' notice for showings.
Address
2550 124b Street
List Price
$1,590,000
Property Type
Residential Income
Type of Dwelling
Duplex
Structure Type
Multi Family
Transaction Type
Sale
Area
South Surrey White Rock
Sub-Area
Crescent Bch Ocean Pk.
Bedrooms
2
Bathrooms
1
Floor Area
550 Sq. Ft.
Main Floor Area
550
Lot Size
12506 Sq. Ft.
Lot Size Dimensions
100 x 125
Lot Size (Acres)
0.29 Ac.
Lot Size Units
Square Feet
Total Building Area
550
Frontage Length
100
Year Built
1953
MLS® Number
R3167959
Listing Brokerage
The Agency White Rock
Basement Area
None
Postal Code
V4A 3N7
Zoning
R2
Ownership
Freehold NonStrata
Parking
Carport Single, Front Access, Gravel
Parking Places (Total)
4
Tax Amount
$6,790.41
Tax Year
2026
Appliances
Refrigerator, Stove
Board Or Association
Fraser Valley
Heating
Yes
Heat Type
Natural Gas
Carport
Yes
Carport Spaces
1
Levels
One
Number Of Floors In Property
1
Security Features
No Fire Sprinkler System, No Smoke Detector(s)