11387 124 St
Surrey · PID 011-397-985
Near rapid transit: buildings up to 8 storeys may be allowed
10,559 ft² lot · zone R3
Free, no obligation. Questions go to a licensed BC REALTOR® with Vanak International Properties.
What BC law allows here
This lot is in a transit-oriented area: BC law lets the city approve buildings up to 8 storeys here.
If this lot were rezoned
| Floor space | Homes | Land $/buildable ft² | |
|---|---|---|---|
| Today's zoning (R3) from the city's bylaw, FAR 0.61 | 6,458 ft² | about 5 | $172 |
| Transit-area rezoning (Bill 47) the city must allow at least 8 storeys, FAR 3.00 | 31,678 ft² | about 36 | $35 |
Rough planning numbers: homes assume about 85% sellable floor space and 750 ft² apartments (1,100 ft² for houses and townhouses). Transit-area figures are the minimum a city must allow on a rezoning, not an approval. Land cost uses the assessed land value. Confirm with the city.
Front of the lot
Street view, aerial photo and map from Google; drag to look around. Photos may be a few years old. Imagery © Google. Open in Google Maps ↗
Lot facts
- Address
- 11387 124 St
- City
- Surrey
- PID
- 011-397-985
- Lot size
- 981 m² · 10,559 ft²
- Zone
- R3 Houses, duplexes & small multiplexes R3 rules
- Homes guide
- How many homes can I build in Surrey?
- Assessed value (2026)
- $1,142,600 (land $1,111,000)
- Property tax
- about $3,920 a year
Zoning rules · R3 · Urban Residential Zone
Small-scale multi-unit housing for 2 to 6 units on urban lots typically 560 m2 or larger.
- Max floor area
- 6,458 ft² (600 m²), floor space ratio 0.61
- Max height
- 30 ft (9.0 m), 3 incl. basement (houseplex) storeys
- Max building footprint
- 5,491 ft² (510 m²)
- Setbacks
- side 1.2 m, rear 7.5 m, flanking side 2.4 m
- Homes
- 2 on lots >=4,050 m2; on lots 280-4,050 m2: 4 (house or duplex, with suite/coach house/garden suite), 6 on eligible lots in Frequent Bus Stop Areas, 2 inside Transit-Oriented Areas; lots <280 m2: 3 (2 in TOA). Heritage-protected or unserviced lots: 2. R3 also permits a houseplex.
Surrey Zoning By-law, 1993, No. 12000 (consolidated to 2026-09-21, last amendment By-law 22120) · Part 15; Schedule G. Estimated from the bylaw for a lot of this size; confirm with the city before buying or building.
More on the map
The map shows this lot's true shape and buildable area, slope, sun and shadow, walking distances, schools, hazards, rents and building permits nearby.
Nearby lots
- 11305 124 St 4,045 m² · I4
- 11347 124 St 2,022 m² · I4
- 11375 124 St 2,814 m² · I4
- 11445 124 St 1,013 m² · I4
- 12310 114 Ave 14,802 m² · I4
- 12345 114 Ave 3,921 m² · IL
- 12374 114 Ave 465 m² · I4
- 12411 114 Ave 2,268 m² · R3
- 12427 113 Ave 745 m² · R3
- 12438 114 Ave 824 m² · R3
- 12448 114 Ave 821 m² · R3
- 12454 113B Ave 752 m² · R3
Data updated Nov 2, 2026. Sources: lot lines from city open data and ParcelMap BC, zoning from each city's open data and bylaw, values from city open data where published, BC Bills 44 and 47. Estimates only, not an appraisal or legal advice; confirm with the city.