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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.
Property Type:
Residential Income
Dwelling Type:
Duplex
Home Style:
One Level
Ownership:
Freehold NonStrata
Year built:
1953 (Age: 73)
Living Area:
550 sq. ft.51.1 m2
Building Area - Total:
550 sq. ft.51.1 m2
Levels:
One
Bedrooms:
2 (Above Grd: 2)
Bathrooms:
1.0 (Full:1/Half:0)
Taxes:
$6,790.41 /
2026
Lot Area:
12,506 sq. ft.1,162 m2
Lot Frontage:
100'30.5 m
Lot Details:
100 x 125
Plan:
LMP5574, 8765
Construction Materials:
Frame Wood, Wood Siding
No. Floor Levels:
1.0
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:
550 sq. ft.51.1 m2
Floor Area Fin - Total:
550 sq. ft.51.1 m2
Patio And Porch Features:
Patio
Parking Features:
Carport Single, Front Access, Gravel
Parking:
Carport Single
# Of Carport Spaces:
1.0
Parking Total/Covered:
4 / 1
Driveway:
Gravel Parking
No Fire Sprinkler System, No Smoke Detector(s)
1
Refrigerator
Refrigerator, Stove
Age Restrictions:
No
By-Law Infractions:
N
GST Included:
No
Tax Utilities Included:
false
# Units Total:
2
# 2Bdrm Units:
2
Home Owners Association:
No
Land Lease:
No
Utilities:
Community, Electricity Connected, Natural Gas Connected, Water Connected
When comparing Properties for Sale, consider more than the asking price. Property condition, age, renovations, lot size, strata fees and location can all affect value. Reviewing similar Sold Homes can provide a useful benchmark, although differences in features, condition and market timing should also be considered.
Recently Sold Properties and MLS Sold Listings can help buyers identify neighbourhood pricing trends and compare recent transactions with current asking prices. Sold prices reflect completed negotiations, but they don’t necessarily reveal a property’s condition or the terms of the sale.
For guidance on evaluating a property before purchasing, visit our Buying a Home guide.