Explore this exceptional 25,000 sq ft flat, rectangular lot with immense development potential. Recently rezoned from RS1 to RS-2, the property now allows for the construction of up to five 4,000 sq ft lots, making it a prime ready-to-build project for developers. Alternatively, retain and renovate the existing three grandfathered dwellings, which can generate a rental income of $4,000 to $4,500 per month. One home is currently tenanted on a month-to-month, providing instant revenue. Nestled in a highly sought-after area near the University of the Fraser Valley, hospital, schools, and recreational facilities, this is a rare opportunity. Act fast to secure this incredible property! (id:47423)
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Listed By
Sutton Premier Realty, Century 21 Coastal Realty Ltd.
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Detailed Information
Bedrooms
2
Ownership Type
Freehold
Property Type
Single Family
Transaction Type
For sale
Views
Mountain view
Building
Architectural Style
Ranch
Basement Type
None
Constructed Date
9999
Construction Style (Attachment)
Detached
Heating Fuel
Natural gas
Heating Type
Forced air
Stories Total
1
Type
House
Parking Spaces
Name
Spaces
Carport
Land
Total Size
26242.69 square feet
Size of Irregular Land
26242.69
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