Quick Summary
Quick Summary
- Expansive two-lot property with RM4 zoning
- Convenient lane access for development options
- Upstairs two-bedroom, one-bath rental unit
- Downstairs one-bedroom rental suite
- Potential for positive cash flow investment
- Listed below BC Assessment value
Attention investors, first-time homebuyers, and developers! This house is situated on two city lots, offers endless potential and numerous development options thanks to its RM4 zoning and convenient lane access from behind. With the potential to build a multifamily building or separate single-family houses on each lot (buyer to verify),... Show More
Attention investors, first-time homebuyers, and developers! This house is situated on two city lots, offers endless potential and numerous development options thanks to its RM4 zoning and convenient lane access from behind. With the potential to build a multifamily building or separate single-family houses on each lot (buyer to verify), the possibilities are vast. Upstairs, you'll find a spacious two-bedroom, one-bath unit with a generous living room and kitchen. Downstairs features a one-bedroom suite, perfect for generating rental income. With some care and renovation, this property can be restored to its former glory, making it a positive cash flow investment. Listed below its BC Assessment value. (id:54626)
Property Details
Size
Parking
Build
Heating & Cooling
Utilities
Rooms
Bedroom 3
9′8″ x 11′2″
Living room
9′8″ x 14′2″
Kitchen
Kitchen
Laundry room
5′6″ x 14′2″
Primary Bedroom
11′8″ x 12′3″
Bedroom 2
10′5″ x 10′8″
Ownership Details
Ownership
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For Sale Nearby
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